Mobil-Seplat Deal: Buhari Backs NUPRC on Decline of Ministerial Consent
Buhari had overridden the long-drawn attempt by the NNPC to block the deal, citing the need to attract Foreign Direct Investment to the oil and gas sector.
Buhari had overridden the long-drawn attempt by the NNPC to block the deal, citing the need to attract Foreign Direct Investment to the oil and gas sector.
India has aggressively stepped-up purchases of Russian oil and coal since the war in Ukraine began.
Asian equity markets declined on Wednesday as traders braced for the latest data on US inflation, which could influence the direction of the Federal Reserve’s monetary policy. Hong Kong’s Hang
Musk in early July tore up his April 25 agreement to buy Twitter for $44 billion.
While the government has had a tough stance against cryptocurrencies since banning them in 2021, adoption continues to grow.
The NCC security team recommended installing anti-virus/anti-malware software with a proven track record for detecting and removing malware.
Rewane made the evaluation in a presentation he made during the August edition of the monthly Lagos Business School’s Breakfast Session.
Miyake, whose name became a byword for Japan’s economic and fashion prowess in the 1980s, died on Aug. 5 of liver cancer.
The clarification by the NUPRC Chief ExeAcutive, Mr. Gbenga Komolafe, followed an earlier statement same day that President Muhammadu Buhari had approved the acquisition.
He gave his Ministerial Consent to the deal based on the extensive benefits of the transaction to Nigeria’s energy sector and the larger economy.
A group representing GM, Toyota, Volkswagen, and other major automakers warned Friday that most EV models would not qualify for a $7,500 tax credit for US buyers under the bill.
Berkshire nevertheless generated nearly $9.3 billion of operating profit.
The agreement covers land, assets, and all eligible employees.
The three new appointees are expected to strengthen and bring more inclusivity and diversity to the Bank’s board.
The production deficit exceeded 700,000bpd, despite assurances of increased drilling
The bank, which began trimming frontline roles in Asia in July, is mulling an aggressive plan to reduce its headcount, which stood at 51,410 at the end of June.
Shares of electric vehicle maker Tesla rallied in after-hours trading Thursday as the company won shareholder approval for a 3:1 stock split, the second such move in around two years,
It said the global cost-of-living crisis had been threatening to push more people into food insecurity and extreme poverty by the end of 2022.
A poll taken over the past week indicated that over 70% of market participants now anticipate a half-point rise.
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