Sunday, February 18, 2018

Tag "OPL 245"

    EXCLUSIVE: ‘FG should have a stake in OPL 245’, ‘EFCC charges unsustainable’ — Malami writes Buhari

EXCLUSIVE: ‘FG should have a stake in OPL 245’, ‘EFCC charges unsustainable’ — Malami writes Buhari

Abubakar Malami, attorney-general of the federation (AGF), has advised President Muhammadu Buhari that Nigeria should have a stake in the prolific OPL 245.The oil block, considered to be the richest in Africa, was awarded to Malabu Oil & Gas Ltd in 1998 and after a series of controversy, Malabu sold 100% to Eni (Agip) and Shell.An estimate says OPL 245 [...]

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    We are disappointed, says Shell on ruling of Italian court

We are disappointed, says Shell on ruling of Italian court

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    Again, court adjourns ruling on forfeiture of ‘Malabu oil block’

Again, court adjourns ruling on forfeiture of ‘Malabu oil block’

‎John Tsoho, justice of the federal high court, Abuja, has adjourned ruling on an application by Shell Nigeria Limited and Eni, seeking the vacation of an order of interim forfeiture of OPL 245.The judge took the decision to adjourn the case to Friday after Malabu oil and gas filed an application to be joined in the matter.On February 28, the [...]

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Exchange Rates

Feb 16, 2018USDGBPEUR
INTERBANK360.45487.18428.32
LAGOS364497448
KANO364495430
PH363498435
ABUJA365497434
NOTE: The black market rates represent the most prevalent. They could be slightly higher or lower among different sellers.
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