By InvestAdvocate

Lagos (INVESTADVOCATE)- GTL Registrars Limited said on Monday it is planning to merge with Citadel Registrars Limited, the company said in an issuers announcement to the Nigerian Stock Exchange (NSE).

“GTL Registrars has notified The Nigerian Stock Exchange of change of name of ‘’Citadel Registrars Limited’’ to ‘’GTL Registrars Limited’’ following the ‘’no objection’’ approval by the Securities and Exchange Commission in respect of the scheme of external restructuring between Citadel Registrars Limited and GTL Registrars Limited,” the statement said.

According to the company, the process of full integration of the two business is presently being consummated and requested that all matters regarding the stocks being hitherto managed by Citadel Registrars be forwarded to GTL Registrars Limited.