Central Banking

UK company among 3 bidders for Nigerian mint

UK - De La Rue PLC is among three foreign companies bidding for a controlling stake in Nigeria's state-run mint, the Nigerian Security Printing and Minting Co, officials said.

The UK company already owns 25 pct in NSPMC.

Last month, the government's privatisation agency, the Bureau of Public Enterprises, invited core investors to acquire a 51 pct stake in NSPMC.

A spokesman for the agency said it received responses from De La Rue, Real Caya de la Mondela of Spain and Giesecke and Devrience of Ge