By our reporter| President Muhammadu Buhari on Wednesday reversed his authorisation of the acquisition of ExxonMobil Corporation assets by Seplat Energy Plc. In February, Seplat had agreed to acquire the…
Read More Buhari makes u-turn, reverses approval for aquisition of ExxonMobil assets by Seplat
Nigeria loses $1.9 billion monthly to crude oil theft, the group chief executive officer (GCEO), NNPC Limited, Mele Kyari has said. Kyari who made the disclosure when a delegation on…
Read More Nigeria loses $1.9bn every month to crude oil theft, says Kyari
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has rejected President Muhammadu Buhari’s approval of Seplat’s purchase of ExxonMobil’s assets. A statement repudiating the ministerial approval exercised by President Buhari, came…
Read More Regulatory commission dares Buhari, rejects sale of ExxonMobil assets to Seplat
By our reporter| President Muhammadu Buhari on Monday approved the acquisition of ExxonMobil Corporation assets by Seplat Energy Plc overriding the move by Nigerian National Petroleum Company (NNPC) Limited to…
Read More Buhari approves Seplat’s acquisition of Mobil Producing Oil assets, overrides NNPC
By our reporter| The Central Bank of Nigeria (CBN) has called on private sector players to repatriate their dollar earnings through official channels to ease the pressure on the naira.…
Read More CBN urges private sector to repatriate dollar earnings to reduce pressure on naira