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KOKO Business · 21 Oct 2026

Trademarks Global Concepts Secures 56.18% Stake in Nigerian Payments Firm

KOKO Business | People, Ideas, Markets, Growth | Trademarks Global Concepts Secures 56.18% Stake in Nigerian Payments Firm

Trademarks Global Concepts Limited has acquired a 56.18% controlling stake in eTranzact International Plc, introducing a new majority owner and five board appointments to the Nigerian payments company.

The transaction, reported by THEWILL on October 14, 2026, establishes Trademarks Global Concepts as the majority shareholder while retaining eTranzact’s operational structure. The company confirmed the stake acquisition through its October 13 exchange filing, which details the transfer of shares from Access Bank, Meristem Trustees acting for Accelerex Holdings, and eTranzact Global.

eTranzact International Plc now operates under a new majority owner, with Trademarks Global Concepts Limited holding 56.18% of the company’s shares. This change in ownership brings five additional board members to the Nigerian payments firm, as per the company’s October 13 notification to the Nigerian Exchange.