Nigeria rejects proposed acquisition of ExxonMobil assets by Bryant Orjiako’s Seplat Energy
The government cited overriding national interests as one reason for rejecting the $1.58-billion deal.
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The government cited overriding national interests as one reason for rejecting the $1.58-billion deal.
Avuru owns an 8.2-percent stake in Seplat Energy through his family business, AAH Holdings.
Avuru is the founder of AAH Holdings, a Lagos-based proprietary investment business.
Seplat Energy is an independent oil and gas group with active operations and oil assets in Nigeria’s Niger Delta area.
Avuru was asked to resign as a non-executive director due to alleged breaches of the company’s corporate governance policies.
Seplat Energy is an independent oil and gas group, with a strategic focus on Nigeria’s Niger Delta region.
Seplat Energy is a leader on the Nigerian equity market and in the country’s energy sector.
Seplat Energy is a leading Nigerian independent energy company.
Seplat Energy is a Nigerian oil and gas company dual-listed in London and Nigeria.
Seplat Energy is the largest listed oil company on the Nigeria Exchange (NGX).
The surge can be linked to bullish sentiment spiked by a resurgence in global demand for crude oil.