Tag: Nigeria
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Shell to pay 15 mln euros in settlement over Nigerian oil spills
Shell will pay 15 million euros ($15.9 million) to communities in Nigeria that were affected by multiple oil pipeline leaks in the Niger Delta, the...
Nigeria to reschedule $53 billion in loans to cope with downturn
Nigeria will restructure a total of 23.7 trillion naira ($53 billion) in short-term loans owed to its central bank to 40-year debt at 9%...
Nigeria central bank increases withdrawal limits aimed at curbing cash
Nigeria's central bank on Wednesday substantially increased limits it had set on weekly cash withdrawals as part of an effort to curb the use...
Exxon to exit Equatorial Guinea amid wider Africa crude phaseout
Exxon Mobil Corp (XOM.N) will wind down oil production in Equatorial Guinea and leave the West African country after its license expires in 2026, two sources...
Nigeria approves 1,650 MW hydropower project, official says
Nigeria has approved the construction of a 1,650 megawatt (MW) hydropower plant at a cost of $3 billion, making it one of the single...
