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All posts tagged "equity stake"

  • NNPC to acquire divested assets of IOCs

    Nigerian National Petroleum Corporation, NNPC, Monday, said it will acquire the divested assets of International Oil Companies, IOCs, in Nigeria. The NNPC has also borrowed about N224 billion ($1.4 billion) from the international financial market to settle...

    • Posted July 9, 2013
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  • Bharti Airtel raises stake in Nigeria unit by 13.36%

    India’s top mobile phone operator, Bharti Airtel Ltd, announced on Wednesday it had acquired an additional 13.36 percent stake in Nigerian unit, Airtel Networks Ltd, from existing shareholders. The acquisition increased its total holding in the Nigerian...

    • Posted March 14, 2013
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