Finance & Economy - Page 207

Seplat Reacts, As President Buhari Withdraws Approval For ExxonMobil Deal

Seplat Energy has reacted to statement by presidential spokesperson, Garba Shehu, that President Muhammadu Buhari has reversed the approval given for the acquisition of Mobil Producing Nigeria Unlimited (MPNU). Shehu, on Wednesday,

Fakoyejo Olalekan

August 11, 2022

Business·Oil & Gas

Seplat Threatens Lawsuit In Latest Development Of ExxonMobil, MPNU $1.2 billion Deal

Seplat Energy has threatened to file lawsuit against persons creating falsehood relating to its acquisition deal with ExxonMobil, as disagreement within President Muhammadu Buhari’s government stalls the completion. The company issued the

Fakoyejo Olalekan

August 11, 2022

Finance & Economy·News

Borrow To Invest In Regenerative Devt Projects – Obi Advises FG

Mr. Peter Obi has advised the Federal Government to invest borrowed funds in regenerative development projects and other productive ventures

Patience Leonard, PBA Journalism Mentee

August 11, 2022

Finance & Economy·News

Badagry Deep Seaport Project To Generate $53.6bn For Nigerian Economy – BPDL

Promoters of the newly approved Badagry Deep Seaport project, Badagry Port Development Ltd (BPDL), has hinted that the project will benefit Nigerians and make name in West Africa at large

Patience Leonard, PBA Journalism Mentee

August 11, 2022

FG's Deficit Continues To Widen As DMO Oversells October Bond Auction

Business·Oil & Gas

House Of Reps Reveal Probe Demands, As Lawmakers Summon Finance Minister Over Subsidy Payments

The Minister of Finance, Budget and National Planning, Zainab Ahmed, has been summoned by the House of Representatives, as the lawmakers begin to probe the subsidy regime. Ahmed was directed to appear

Fakoyejo Olalekan

August 10, 2022

Business·Oil & Gas

Ardova Reacts To Takeover Threat, As Majority Investor Faces Lawsuit

Oil and gas firm, Ardova, has denied it is winding up, after Femi Otedola’s Zenon Petroleum and Gas Limited filed a case against its majority shareholder, Prudent Energy & Services Limited (PESL).

Fakoyejo Olalekan

August 9, 2022

Business·Oil & Gas

Nigeria’s Oil Regulator, NUPRC, Blocks Seplat, ExxonMobil’s Acquisition Deal, After Buhari’s Approval

The Chief Executive of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), Gbenga Komolafe, has denied the approval of Seplat’s acquisition of ExxonMobil’s Nigerian subsidiary. On Monday, Seplat had announced that President Muhammadu

Fakoyejo Olalekan

August 9, 2022

Buhari Mourns Isaac Sagay, Former Nigeria’s Ambassador To The Holy See

Business·Oil & Gas

President Buhari Approves Seplat Acquisition Of ExxonMobil’s Nigerian Subsidiary

The Federal Government has approved Seplat’s acquisition of Mobil Producing Nigeria Unlimited (MPNU) from Exxon Mobil Corporation, after the Nigerian National Petroleum Company (NNPC) initially block the deal. In a statement released

Fakoyejo Olalekan

August 8, 2022

Naira Ends Week With Marginal Gain Against Dollar

Business·Currency

Black Market Dollar To Naira Exchange Rate: Bureau De Change Operators Raise Dollar Rate After Advice To CBN

August 8, 2022 Dollar Rate Update: On the Investors and Exporters window, the naira closed flat at N430 to one dollar on Friday, maintaining the same selling price traders offered the United

Fakoyejo Olalekan

August 8, 2022

Africa·Entrepreneurship·News

Research Reveals Tips To Launch New Business In Africa

No doubt, Africa is an attractive destination for entrepreneurship. The continent is home to 54 countries consisting of over 1 billion people from diverse cultures. Starting a business here is definitely

Queen Nwabueze

August 8, 2022

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Finance & Economy - Page 207

Seplat Reacts, As President Buhari Withdraws Approval For ExxonMobil Deal

Seplat Threatens Lawsuit In Latest Development Of ExxonMobil, MPNU $1.2 billion Deal

Borrow To Invest In Regenerative Devt Projects – Obi Advises FG

Badagry Deep Seaport Project To Generate $53.6bn For Nigerian Economy – BPDL

House Of Reps Reveal Probe Demands, As Lawmakers Summon Finance Minister Over Subsidy Payments

Ardova Reacts To Takeover Threat, As Majority Investor Faces Lawsuit

Nigeria’s Oil Regulator, NUPRC, Blocks Seplat, ExxonMobil’s Acquisition Deal, After Buhari’s Approval

President Buhari Approves Seplat Acquisition Of ExxonMobil’s Nigerian Subsidiary

Black Market Dollar To Naira Exchange Rate: Bureau De Change Operators Raise Dollar Rate After Advice To CBN

Research Reveals Tips To Launch New Business In Africa

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