• Thursday, December 26, 2024
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BusinessDay

Nigeria’s top mergers and acquisitions in 2024

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Nigeria's corporate scene turned into a hotbed of activity in 2024 with a record-breaking surge in mergers and acquisitions—the highest since 2014.

The oil and gas sector stole the spotlight, with a flurry of deals nearly sweeping international players out of Nigeria's shallow-water oil exploration game.

DealMakers Africa reports that the value of mergers and acquisitions (M&A) in Nigeria reached $3.8 billion in the first nine months of 2024, the highest figure on the continent outside South