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TINUBU HAS NO INTEREST IN OVH ACQUISITION- NNPC
Key Points:
1. Accusation by Atiku:
- Atiku Abubakar, the former Vice President, accused corporate groups close to President Bola Tinubu of taking control of the Nigerian National Petroleum Company (NNPC).
- He claimed that Wale Tinubu, the...
ENI GETS APPROVAL TO SELL AGIP TO OANDO
- Approval Received: Eni has obtained approval from the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) to sell its subsidiary, Nigerian Agip Oil Company (NAOC), to Oando PLC.
- Transaction Details: The sale includes NAOC’s focus on onshore oil...
FEDERAL HIGH COURT HALTS OANDO "GO PRIVATE" SCHEME
The Federal High Court, presided over by Hon. Justice Aneke, has ruled on an application by five aggrieved shareholders of Oando Plc in *Suit No. FHC/CP/494/2021: Venus Construction Co Ltd & 13 Ors vs. Ocean & Oil Development Partner Ltd &...
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has confirmed that Oando PLC has finalized the acquisition of 100% of Nigerian Agip Oil Company Limited (NAOC Ltd) shares from ENI. NUPRC Chief Executive, Engineer Gbenga Komolafe, announced this at the ongoing Oil and Gas Energy Week...
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