25

Feb

Seplat Energy to acquire Mobil Producing Nigeria Unlimited

Seplat Energy Plc has announced that it has entered into an agreement to acquire the entire share capital of Mobil Producing Nigeria Unlimited (MPNU) from Exxon Mobil Corporation, Delaware. Completion of the Transaction is subject to Ministerial Consent and other required regulatory approvals. According to a statement by Seplat Energy on the website of the Nigerian Exchange, […]

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25

Feb

IMF, World Bank warn of global impacts from Russia-Ukraine crisis

The World Bank and IMF has warned that Russia-Ukraine crisis will have repercussions for the global economic recovery. The leaders of the two financial institutions said that they are ready to help Ukraine. IMF Managing Director Kristalina Georgieva said she was “deeply concerned” about the fighting’s impact on the people of Ukraine, and cautioned in a tweet that[…]

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23

Feb

ASUU meets with FG over ongoing strike

The leadership of the Academic Staff Union of Universities (ASUU) has met with the Minister of Labour and Employment, Chris Ngige over the ongoing strike. The meeting was the first since ASUU declared its warning strike last week, over what it termed as the Federal Government’s refusal to honour its agreement to implement the Memorandum of Action[…]

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