Holding and subsidary companies in nigeria

Published: April 11, 2022, 7:21 a.m.

A holding company is a business entity that has no operations and does not conduct any activities. It owns assets. These assets could be shares of other companies, hedge funds, real estate, trademarks, patents, or units in partnerships. As the name implies, its purpose is to hold controlling stock or membership interests in other companies. Holding companies are used by businesses of all sizes and in all industries.