BPE facilitates SAHCO’s maiden IPO, assures investors on benefits

The Bureau of Public Enterprises (BPE) has facilitated the first Initial Public Offer (IPO) in four years with the planned public offering of Skyway Aviation Handling Company (SAHCO) Plc for the sale of 406,074,000 ordinary shares. The public offer will open next Monday, November 12 and close on Wednesday, December 19, 2018. A statement by […]

BPE to conduct impact assessment on privatised entities

The Bureau of Public Enterprises (BPE) on Monday stated that it was set to conduct an Impact Assessment on some selected privatised enterprises under the reform and privatisation programme of the Federal Government. The Director General of the privatisation agency, Mr Alex Okoh, said that the exercise would be conducted in collaboration with the National […]

Insurance premiums grow by N225bn in 10 yrs

Premiums in the Insurance Sector increased to over N300 billion in 2015 from a paltry N75 billion in 2005, the Director General of the Bureau of Public Enterprises (BPE), Mr Alex A. Okoh disclosed. This amounted to a growth of N225 billion in premiums in 10 years. Speaking at the investiture ceremony of the 23rd Chairman […]

NCP approves advisers for BPE’s 2018 transactions

The National Council on Privatisation (NCP) has approved the appointment of advisers for three transactions undertaken by the Bureau of Public Enterprises (BPE) for the current year. The approval by the Council is part of government’s reform strategy for privatized entities in the country. The transactions for which advisers were approved are, the partial commercialisation […]