NNPC, ExxonMobilsettle over $1.2bndivestment deal

The Nigerian National Petroleum Company (NNPC) Limited has signed settlement agreement deal with ExxonMobil Nigeria, on the proposed divestment of 100 percent interest in Mobil Producing Nigeria Unlimited to Seplat Energy Offshore Limited. The $1.28 billion deal, first announced in February 2022, has been entangled in regulatory hurdles for over two years. “Settlement agreement between…

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NIGERIA WILL PROSPER UNDER TINUBU’S LEADERSHIP, AKANDE ASSURES NIGERIANS

Chief Bisi Akande, the pioneer national chairman of the All Progressives Congress (APC), has assured Nigerians that the country is safe under President Bola Tinubu’s leadership, despite the current challenges. Akande stated that Nigeria has continued to grow stronger and more united under Tinubu’s presidency, and he is confident that the country will remain peaceful,…

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