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Nigeria rejects Shell asset sale
Nigeria halts Shell asset sale, approves Exxon-Seplat deal
Nigeria has blocked Shell's sale of its entire onshore and shallow-water oil operations, but approved a similar deal by Exxon Mobil , the country's upstream oil regulator said on Monday.
Nigeria rejects Shell asset sale; no impact to operations from Singapore oil leak
Nigeria has declined to approve the sale of Shell's (NYSE:SHEL) onshore and shallow-water oil and gas in the Niger Delta region to a consortium of local companies, the country's upstream regulator said Monday.
Shell's Onshore Oil Field Sale Worth $1.3B in Nigeria Suffers Setback
Shell plc’sSHEL deal to sell its onshore Nigerian subsidiary, Shell Petroleum Development Company Ltd ("SPDC"), for $1.3 billion has suffered a setback, with the Nigerian Upstream Petroleum Regulatory Commission ("NUPRC") stating that the future buyer lacked the required qualifications to manage the assets.
Nigeria approves Exxon-Seplat deal after more than two years
Nigeria has approved the sale of Exxon Mobil Corp's onshore assets to Seplat Energy , the chief executive officer of the country's upstream regulator said on Monday, more than two years after the $1.28 billion deal was first agreed.
Legit on MSN
29m
Libya vs Nigeria: West African Countries Back NFF’s Request Ahead of CAF’s Verdict, Reports
The Nigerian Football Federation has reportedly received the support of two West African countries in their case against ...
Nairametrics
44m
IMF projects Nigeria’s economy to grow by 3.2% in 2025, inflation to drop to 25%
The International Monetary Fund (IMF) has projected Nigeria's economy to expand by 3.2% in the coming year 2025 while ...
Daily Post Nigeria on MSN
2h
itel Nigeria, Lagos Food Bank celebrate World Food Day with students at Mawumadoka less privileged school, home
Nigeria and Lagos Food Bank Celebrate World Food Day with Over 1,000 Students at Mawumadoka Orphans and Less Privileged ...
legit on MSN
25m
"Grave Dangers": EFCC Opens Up on How Much Nigeria Lost to Cybercrime in 2022
The Economic and Financial Crimes Commission has raised alarm over the growing threat of cybercrime, disclosing that Nigeria ...
Nairametrics
2h
Q3 2024 Interim Unaudited Report: Unilever Nigeria records 46% growth in Turnover
Unilever Nigeria Plc released its unaudited interim report for the Nine months period ended 30th September 2024. The Company ...
The Africa Report
3h
Nigeria’s judiciary could determine the fabric of the country’s political parties
With election season just 14 months away, Nigeria’s major political parties remain tied up in a web of lawsuits which could ...
5d
How did as many as 140 people die in one of Nigeria’s deadliest tanker explosions?
Nigerian authorities have announced measures to correct lapses that resulted in the death of more than 140 people in an ...
1d
on MSN
Nigeria blocks Shell's asset sale in the Niger Delta
Nigeria has blocked the sale of Shell's entire onshore and shallow-water oil and gas assets in the Niger Delta, the country's ...
AllAfrica.com
1h
Nigeria: No, Nigerians Don't Need Government Permission to Use the National Anthem As Claimed Online
No, Nigerians don't need government permission to use the national anthem as claimed online IN SHORT: The National Orientation Agency is the custodian of Nigeria's national symbols, including the ...
6d
on MSN
More than 140 people die and dozens are injured in a Nigeria gasoline tanker explosion
More than 140 people, including children, were killed and dozens were injured after an overturned tanker truck exploded in ...
1d
on MSN
Nigeria approves Exxon-Seplat $1.28 billion deal, oil regulator says
Nigeria has approved the sale of Exxon Mobil Corp's onshore assets to Seplat Energy, the chief executive officer of the ...
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