Exxon, Nigeria and Seplat
Exxon-Seplat $1.28 billion deal approval imminent, Nigeria president says
Exxon Mobil Corp's deal to sell its Nigerian onshore assets to Seplat Energy will be approved in days after getting clearance from the regulator, President Bola Tinubu said on Tuesday. The $1.28 billion deal has been closely watched since it was first announced in 2022 with analysts saying it would also signal to investors that similar deals,
Nigeria Set to Approve Exxon Sale of Oil, Gas Assets to Seplat
Nigeria is set to approve Exxon Mobil Corp.’s sale of its oil and gas assets to domestic energy supplier Seplat Energy Plc, President Bola Tinubu said.
Nigeria Set to Approve Exxon’s $1.3-Billion Shallow Water Asset Sale
Nigeria's president has announced imminent approval for Seplat's $1.3 billion acquisition of ExxonMobil's shallow water assets, while Exxon plans to reinvest in Nigeria's deepwater oil exploration.
ExxonMobil's $1.28 Billion Nigeria Deal With Seplat Nears Approval
Exxon Mobil Corporation’s XOM divestment of its Nigerian onshore assets to Seplat Energy is set to be approved in the coming days, as stated by Nigeria’s president Bola Tinubu, according to a Reuters report.
Nigeria set to approve $1.3B Exxon asset sale to Seplat, president says
Exxon Mobil's deal to sell Nigerian assets to Seplat Energy set to be approved, potentially boosting oil and gas production in the region.
ExxonMobil plans US$10 billion investment in Nigeria's offshore oil operations
The company also plans to invest around US$2.5 billion/y to enhance oil production by 50 000 bpd over the next few years.
Zookeeper in Nigeria mauled, killed by lion
Nigeria, World Bank
Nigeria’s independence anniversary is marked by protests and frustration over economic hardship
Nigerians are protesting against economic hardship as the West African nation marks its 64th independence anniversary.
Nigeria president pleads for 'patience' amid tough economy
Nigerian president Bola Tinubu has pleaded with his compatriots for "patience" as they continue to grapple with a tough ...
This Day5m
BOI, Parthian Highlight Key Drivers for Nigeria’s $1tn Economy Ambition
Speaking at the 2024 annual conference of the Finance Correspondents Association of Nigeria (FICAN) in Lagos, Isa Omagu, ...
Nigeria recalled all its ambassadors a year ago and has not replaced them – international isolation looms
Not having ambassadors representing its interests a year after recalling the previous ones means Nigeria is retreating from ...
Nigeria Sues Traders Over Unlicensed Stablecoin USDT Naira Trades
The Nigerian government filed a criminal lawsuit against four Nigerian Crypto traders for conducting unlicensed business ...
The Lancet58m
The opioid crisis in Nigeria: a call for public health and policy interventions
The opioid crisis, once primarily a concern of high-income countries, is increasingly becoming a substantial public health challenge in Nigeria.1 The alarming rise in opioid abuse, particularly among ...
The Africa Report16h
Nigeria’s Tinubu expected in Paris for full state visit end November
President Bola Tinubu heads to France to see Emmanuel Macron on his first state visit, as French companies help reboot ...
Amid struggling economy, Nigeria downplays anniversary festivities
Persistent inflation, widespread insecurity, and unpopular economic reforms have left many Nigerians feeling frustrated and ...