Focusing on Guaranty Trust Holding Company Plc (GTCO), we explore the company's approach so far, to meet the ₦500B capital requirement, including a $105M equity offering and listing on London Stock Exchange.
cc: @princewill_og
https://t.co/R8g8EoAKRu
The proposed rights issue is priced at ₦50.00 per share and will be offered on a ratio of one new ordinary share for every two existing ordinary shares held by shareholders as at the close of business on February 13, 2026.
Oando Plc has formally applied for regulatory approval to launch a ₦220.79 billion rights issue aimed at raising fresh capital from its existing shareholders.
According to a market bulletin issued by the NGX on Friday, February 13, 2026, Oando, through its appointed stockbrokers Vetiva, Anchoria, Coronation, and Meristem , submitted an application seeking approval and listing for the issuance of 4.4 Be new ordinary shares of 50keach.
Deal Track is our attempt to create a credible, structured record of Nigerian transactions . I have personally noticed that many important deals and deal participation happen quietly, or get lost in fragmented reporting. We want to fix that.
After (almost) two years of closely following and reporting transactions and advisory activity in Nigeria, we are excited to share the next step in our journey with the beta launch of a new platform called Deal Track. Sign in here : https://t.co/aFsp1oCVKh
Aradel Holdings announced today that it has successfully completed the acquisition of an additional 40% equity interest in ND Western Limited, following the fulfilment of all regulatory and contractual conditions precedent. READ MORE
https://t.co/g8OZDtiiYz
The Federal Government successfully closed a $1.126 billion financing package for Phase 1, Section 2 of the ambitious Lagos-Calabar Coastal Highway, covering a 55.7-kilometer segment from Eleko in Lekki to Ode-Omi across Lagos and Ogun states.
https://t.co/iD5q7NpRSv
African Export-Import Bank (Afreximbank) has extended a US$750 million dual-tranche senior secured reserve-based lending facility to Heirs Energies Limited. Read More;
https://t.co/oN0H6YjgBq
Nigeria Opens ₦590bn Series 1 Bond Under ₦4trn Programme to Settle Legacy Power Sector Debts to GenCos From February 2015 to March 2025.
https://t.co/zCydGQmFVn
Frigoglass Group has agreed to divest its entire Nigerian glass operations, including NGX listed Beta Glass PLC and Frigoglass Industries Nigeria, to Africa-focused private equity firm Helios Investment Partners, for up to €100 million.
https://t.co/uJusyda7MR
In this exclusive interview, Dayo Adu , Managing Partner at Moroom Africa discusses the firm’s evolution and the introduction of Moroom Technology, a proprietary digital platform designed to deliver seamless, borderless legal services across Africa.
https://t.co/FV6iTykwl4
TotalEnergies sale of its 10% stake in Shell Petroleum Development Company (SPDC) JV to Chappal Energies has set a major setback. The deal, valued at $860 million, received approval in October 2024 was contingent on financial commitments. Read more:
https://t.co/JXkTPFfgBb
We’re excited to share that we at @kredete have raised $22M in Series A funding led by @AfricInvest_Grp via the Cathay AfricInvest Innovation Fund and Financial Inclusion Vehicle and @PartechPartners with participation from @polymorphiccap. This milestone allows us to expand our credit-building infrastructure and stablecoin-powered transfers across 40+ African countries.
Since inception, our mission has been simple: help millions of African immigrants stay connected to home—whether by sending money to family, paying with cards, or saving securely.
This raise fuels our next chapter as we expand our stablecoin infrastructure to power global money movement for Africans everywhere—unlocking access, credit, and opportunity across 40+ countries.
To our team, partners, and investors—thank you. We’re just getting started.
Glad to have been part of the Nigerian counsel to cathay AfricInvest advising in respect of this financing!
One of the most interesting works I have done this year.