Savannah Energy NIPCO as new Nigerian investor with N15.3bn shares

Dailytrust | 27-10-2025 02:39pm |

Savannah Energy PLC, the British independent energy company has announced a new strategic shareholder, NIPCO, a diversified Nigerian energy conglomerate, onto the company’s register. In a statement, it said the new investor intends to acquire, for £7.9 million (about 15.3bn), 113,378,685 Ordinary Shares issued as part of the Company’s March 2025 fundraising and expects to

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