The US Senate has passed a controversial bill that would potentially ban TikTok, the popular social media app, if its …
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Nigeria’s Oil Production Plummets: Seplat-ExxonMobil Deal Delay Costs $34bn in Lost Revenue
Nigeria has suffered a massive blow in its oil sector as the delayed divestment of ExxonMobil assets to Seplat Energy …
Read More »BEDC Management Debunks Dissolution Rumors, Boosts Revenue
The management of Benin Electricity Distribution Company (BEDC Electricity Plc.) has firmly denied rumors of dissolution and assured all staff …
Read More »Nigeria’s Oil Sector Divestment Deals Face Prolonged Delays Amid Regulatory Concerns
In recent years, international oil companies (IOCs) have been divesting from Nigeria’s oil sector, particularly in the onshore and shallow …
Read More »NNPC Clarifies Role in Divestment of Foreign Oil Companies in Nigeria
The Nigerian National Petroleum Company (NNPC) Limited has recently clarified its role in the divestment of international oil companies (IOCs) …
Read More »Petroleum Producers Call for Swift Action on Oil Sector Divestment
The Independent Petroleum Producers Group (IPPG) has called for swift action on various pending and ongoing oil sector divestments in …
Read More »IOCs Not Leaving Nigeria – Minister Lokpobiri Assures Stable Investment Climate
Minister of State for Petroleum Resources (Oil), Heineken Lokpobiri, has assured that International Oil Companies (IOCs) are not divesting from …
Read More »CSOs Urge President Tinubu to Halt Shell’s Divestment from SPDC in Niger Delta
A coalition of Civil Society Organizations (CSOs) in Nigeria has called on President Bola Ahmed Tinubu to immediately halt the …
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