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NUPRC Confirms Tinubu’s Approval For Seplat Energy’s Mobil Acquisition
President Bola Tinubu has officially approved Seplat Energy’s acquisition of Mobil Producing Nigeria Unlimited (MPNU) shares. Seplat Energy announced the approval on Wednesday, stating that it will collaborate with all relevant parties to finalize the transaction....KINDLY READ THE FULL STORY HERE▶
The company expressed gratitude to President Tinubu for his approval and support. According to Seplat, the consent was communicated by the Nigerian Upstream Petroleum Regulatory Commission (NUPRC).
The statement read: “Seplat Energy Plc is pleased to confirm that the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has conveyed the Honourable Minister of Petroleum Resources in Nigeria, President Bola Ahmed Tinubu GCFR’s consent to proceed with the acquisition of the entire issued share capital of Mobil Producing Nigeria Unlimited (MPNU) (the ‘Transaction’).”
Seplat thanked President Tinubu for his approval and acknowledged the efforts of various ministries and regulators involved in the process.
The company noted that additional details regarding the acquisition will be provided following regulatory procedures and the completion of the transaction. “Further announcements will be made as appropriate, in compliance with regulatory requirements,” the statement added.
Iran says it has reasserted control over the Strait of Hormuz just hours after briefly reopening the key shipping route, which carries about a fifth of global oil and liquefied natural gas.....KINDLY READ THE FULL STORY HERE▶
Real Madrid reportedly believe their Champions League exit may have been influenced by UEFA President Aleksander Čeferin, intensifying long-standing tensions with European football’s governing body.....KINDLY READ THE FULL STORY HERE▶
The controversy centres on Eduardo Camavinga’s late red card in the 87th minute of the second leg in Munich after a second yellow for time-wasting, a decision that ended Madrid’s hopes of a record 16th title.
The match was officiated by Slovenian referee Slavko Vinčić, whose appointment and decisions during the tie have since drawn scrutiny within the Spanish club.
Tensions between Real Madrid and UEFA have remained high since the Super League controversy, and while relations were thought to have improved earlier this year, the latest defeat has reignited old suspicions.
Vinčić, who has handled several major European fixtures in recent seasons, including Champions League and Europa League finals, is now at the centre of renewed debate over officiating standards.
Reports suggest that some figures within the club view the situation as a possible continuation of unresolved tensions linked to the Super League fallout.
The Lagos State Government has directed banks, filling stations, and eateries to make their restrooms accessible to the public as part of efforts to curb open defecation.....KINDLY READ THE FULL STORY HERE▶
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