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
Julius Berger’s subsidiary, PrimeTech Design and Engineering Nigeria Limited, last weekend in Abuja had a ceremony to honour its long-serving staff. The ceremony, which was dual in nature, coincided with…
Read More Julius Berger’s primetech design honours long-serving staff, commissions office in Abuja
The Nigeria Governors’ Forum (NGF) has raised the alarm over an attempt to deduct $418 million from the federation account to settle the controversial Paris Club debt. The controversial payment…
Read More Governors kick against planned deductions from federation account to pay consultants