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FebSeplat 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 […]
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FebIMF, 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[…]
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FebASUU 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[…]
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FebFG earmarks N1.42tn for infrastructure projects in 2022 budget
The Federal Government has disclosed that it plans to spend a total of N1.42 trillion on infrastructure projects in 2022. The Minister of Finance, Budget and National Planning, Zainab Ahmed, who disclosed this on Tuesday in Abuja. The minister said that between 2019 and 2021, the President, Major General Muhammadu[…]
