The measure, which would have allowed government lawyers to file lawsuits against companies like Facebook, Snapchat and Tiktok, was killed without a public vote. Read More...
Reuters
Nigerian president withholds approval of Exxon Mobil’s asset sale
Nigeria’s President Muhammadu Buhari has withheld his initial approval of Exxon Mobil’s sale of local offshore shallow water assets to Seplat, his spokesman said on Thursday, after the oil regulator refused to give its consent. Buhari on Monday consented to the $1.28 billion transaction, only for the Nigerian Upstream Petroleum Regulatory Commission to say it opposed the deal, although it did not give a reason. The transaction is being closely watched by other oil majors like Shell and TotalEnergies, who have announced plans to sell some local assets.
