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    NNPC TO HALT SUIT AGAINST EXXONMOBIL-SEPLAT $1.28bn DIVESTMENT DEAL

    Summary: The Nigerian National Petroleum Company (NNPC) Limited has filed a motion in the High Court of the Federal Capital Territory, Abuja, to discontinue its ongoing legal action against several subsidiaries of Mobil Nigeria and the Nigerian Upstream Petroleum Regulatory Commission (NUPRC)...