The Federal Government’s recent decision to block Shell’s $2.4 billion divestment plan for its onshore assets has raised concerns among analysts, who warn that this could deter vital investment needed ...

Throughout the past 50 years, PETRONAS has been successful in spreading the wealth from this sector equally across the nation ...

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

Nigeria's decision this week to block Shell's $2.4 billion sale of its onshore assets has sent a negative signal to investors ...

Aradel Holdings, an integrated energy business founded by Nigerian multimillionaire Ladi Jadesimi, has had its market value decrease by N845.5 billion ($517 million) during the previous week, lowering ...

YouTube Screenshots Nigeria has agreed to allow US oil giant Exxon to complete a $1.28 billion sale of some of its onshore ...

Oil majors like Shell have been gradually retreating from Nigeria's onshore operations, which have been plagued by theft and ...

The Nigerian government has blocked Shells attempt to sell its onshore oil business, which significantly blows the companys ...

Nigeria has obstructed Shell's intended sale of its onshore and shallow-water oil operations, while approving a similar ...

Nigeria has blocked Shell's sale of its entire onshore and shallow-water oil operations, but approved a similar deal by Exxon ...

Nigeria has declined to approve the sale of Shell's (NYSE:SHEL) onshore and shallow-water oil and gas in the Niger Delta ...