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Business / World Business

Exxon Mobil's Nigeria asset sale hits regulatory hurdle

Published: 09 Aug 2022 - 04:21 pm | Last Updated: 09 Aug 2022 - 04:33 pm
Peninsula

Reuters

ABUJA:  Nigeria's petroleum regulator said on Tuesday it stood by its refusal to approve Exxon Mobil's $1.28 billion sale of shares in its Nigerian unit to Seplat (SEPLAT.LG) after President Muhammadu Buhari approved the transaction.

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