Africa Pru­den­tial Regis­trars to ac­quire more com­pa­nies

Daily Trust - - CAPITAL MARKET -

Africa Pru­den­tial Regis­trars (APR) Plc, the first and only reg­is­trar firm to be listed on the Nige­rian Stock Ex­change (NSE), said it will spread its op­er­a­tions to cover some African coun­tries.

Speak­ing at the first an­nual gen­eral meet­ing of the com­pany in La­gos, the Man­ag­ing Di­rec­tor and Chief Ex­ec­u­tive Of­fi­cer of APR, Mr. Peter Ashade, said that the firm would ac­quire com­pa­nies in other parts of Africa to strength its busi­ness.

Ashade said the firm ac­quired UAC Regis­trars in 2013, the old­est non bank af­fil­i­ated reg­is­trar out­fit in Nigeria, to boost its per­for­mance.

He said: “This ac­qui­si­tion lends fur­ther cre­dence to our aim to be the leading regis­trars out­fit in Nigeria and Sub-Sa­hara Africa.”

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