Shell Plc has sealed a deal to sell its Nigerian onshore subsidiary, The Shell Petroleum Development Company of Nigeria Limited (SPDC), for $2.4 billion to Renaissance, a consortium of five companies.
The completion is pending Nigerian government approval. The transaction is structured to...
The Rivers state government has petitioned the senate over the decision of Shell Petroleum Development Company of Nigeria (SPDC) to relocate its headquarters to Lagos state.
Rivers State Attorney-general brought a petition through Rivers Senator George Sekibo to the upper legislative...
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