Nigeria has blocked Shell's sale of its entire onshore and shallow-water oil operations, but approved a similar deal by Exxon Mobil, Nigeria Upstream Petroleum Regulatory Commission said on Monday.

Nigeria's recent decision to block Shell's $2.4 billion asset sale signals challenges in attracting foreign investment.

As Nigeria's economy has failed to recover from the shock of the pandemic and its impact on oil demand, total foreign ...

The Nigerian government has approved ExxonMobil’s $1.28 billion sale of its onshore assets to Seplat Energy, two years after ...