Search
Login
North Africa
Central Africa
East Africa
West Africa
Southern Africa

NNPC Ends Suit Opposing Sale of ExxonMobil Assets to Seplat Petroleum

Dulue Mbachu

Dulue Mbachu, an experienced journalist, covers business and politics for Allen Dreyfus.
  • NNPC withdraws legal challenge, paving way for Seplat’s $1.3 billion acquisition of ExxonMobil assets
  • Deal to boost Seplat’s oil and gas reserves, positioning it as a key supplier for domestic power generation

 

Abuja, Nigeria – State-owned Nigerian National Petroleum Company (NNPC) Limited has formally ended its legal challenge to the sale of some ExxonMobil Corp’s Nigerian assets to Seplat Energy.

You need an active subscription to continue reading this article.

Free Trial

Recent Business

1729021502341_Food-inflation
Ghana slashes interest rate to 25% as inflation falls, cedi rebounds
30/07/2025
8 hours ago
Joshua Worlasi Amlanu
Read More »
Electricity, power Photo by Random Institute @ Unsplash
Will Nigeria’s $2.7 billion bond fix the failing electricity sector?
30/07/2025
9 hours ago
Dulue Mbachu
Read More »
IMF Revises Senegal’s 2024 Growth
Senegal defies downgrade to raise $232 million in bond auction
30/07/2025
10 hours ago
Brandon Orion Mensah
Read More »
Stay ahead with Real time Updates

Recent Politics

1732717216990_2JJRT55
Cameroon on edge as Biya’s main rival barred from October election
29/07/2025
1 day ago
Amindeh Blaise Atabong
Read More »
Alamy Live News
Kenya’s opposition ODM fractures over Raila-Ruto alliance
28/07/2025
2 days ago
Wanderi Kamau
Read More »
ZUMA Press Wire) EDITORIAL USAGE ONLY! Not f
Ghana’s opposition petitions president over electoral chaos, illegal mining
25/07/2025
5 days ago
Evans Effah
Read More »

Latest Posts

Latest news insights

1729021502341_Food-inflation
Read More »
Ghana slashes interest rate to 25% as inflation falls, cedi rebounds
Electricity, power Photo by Random Institute @ Unsplash
Read More »
Will Nigeria’s $2.7 billion bond fix the failing electricity sector?
IMF Revises Senegal’s 2024 Growth
Read More »
Senegal defies downgrade to raise $232 million in bond auction
Dr Johnson Asiama, Bank of Ghana governor @ BoG Facebook
Read More »
Ghana cracks down on forex violations as cedi surges
Electricity, power Photo by Random Institute @ Unsplash
Read More »
Will Nigeria’s $2.7 billion bond fix the failing electricity sector?
IMF Revises Senegal’s 2024 Growth
Read More »
Senegal defies downgrade to raise $232 million in bond auction
Dr Johnson Asiama, Bank of Ghana governor @ BoG Facebook
Read More »
Ghana cracks down on forex violations as cedi surges
Banking ATM Photo by Eduardo Soares @ Unsplash
Read More »
Five West African banks fined $2 million in regulatory crackdown
IMF Revises Senegal’s 2024 Growth
Read More »
Senegal defies downgrade to raise $232 million in bond auction
Dr Johnson Asiama, Bank of Ghana governor @ BoG Facebook
Read More »
Ghana cracks down on forex violations as cedi surges
Banking ATM Photo by Eduardo Soares @ Unsplash
Read More »
Five West African banks fined $2 million in regulatory crackdown
Lusaka, Zambia Photo by Seiko Yamada @ Unsplash
Read More »
IMF loan boosts Zambia’s recovery hopes, but debt risks linger