Nigeria: TotalEnergies Agrees to Sell Renaissance Stake to Vaaris for $800m
TotalEnergies has announced the signing of an agreement with Vaaris for the sale of its 10% non-operated interest in the
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Energy
Dangote Moves Petition Against Ex-NMDPRA Boss Farouk Ahmed to EFCC
The Chairman of Dangote Industries Limited (DIL), Aliko Dangote, through his legal representative, has filed a formal corruption petition against
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Ex-ExxonMobil Executive Bows Out as MD of Seplat’s Newest Unit SEPNU
Oladotun Isiaka, who was appointed to lead a Seplat Energy subsidiary that emerged following the acquisition of assets from the
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Billionaire Tony Elumelu Becomes Seplat’s Biggest Shareholder as French Firm Exits
Heirs Energies, an indigenous integrated energy company owned by billionaire Tony Elumelu, has become the biggest shareholder in Seplat Energy
Read moreElumelu’s Heirs Energies Buys 20% Stake in Seplat for $500m
Heirs Energies, an indigenous integrated energy company, has acquired the entire 20.07% equity stake (120.4 million ordinary shares) previously held
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NNPC Profit Rises to N502bn in November Despite Revenue Drop
State-owned Nigerian National Petroleum Company (NNPC) saw its profit rise by 12.3 percent last month despite a decline in oil
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NNPC Says Escravos-Lagos Pipeline Restored 19 Days After Explosion
NNPC Limited has announce the successful restoration of the Escravos–Lagos Pipeline System (ELPS) in Warri, Delta State. The NNPC said
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Billionaire Otedola Exits Power Firm Geregu as MA’AM Energy Steps In
Femi Otedola has bowed out of Lagos-listed Geregu Power as chairman and majority shareholder following the sale of its stake
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Dangote Refinery Says Over 2,000 MRS Oil Stations Selling Petrol at N739/Litre
Dangote Petroleum Refinery has commenced nationwide sales of petrol at a pump price of N739 per litre across all MRS
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Elumelu’s Heirs Energies Inks $750m Afreximbank Loan to Drive Growth
Heirs Energies Limited, an indigenous Nigerian integrated energy company, has executed a $750 million financing with the African Export–Import Bank
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