Nigeria ends two-year ExxonMobil-Seplat asset sale deadlock

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President Bola Tinubu told ExxonMobil the federal government is committed to resolving the divestment issues between the company and Seplat Energy, which are currently under litigation.

A logo of the Nigeria National Petroleum Corporation at a petrol station in Abuja, Nigeria, 19 March 2020. © Afolabi Sotunde/REUTERS

President Bola Tinubu told ExxonMobil the federal government is committed to resolving the divestment issues between the company and Seplat Energy, which are currently under litigation. After more than two years of delays, a deal by US-based ExxonMobil to sell a Nigerian subsidiary to Seplat Energy for $1.28bn is now on course for closure.Why the Africa Finance Corporation wants to bring local currencies up to date

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ذریعہ: allafrica - 🏆 1. / 99 مزید پڑھ »