Seplat Energy Completes $800 Million Mobil Assets Transaction Thursday Nigerian firm releases prospectus, set to double oil production to 120,000 bpd
Emmanuel Addeh in Abuja The assets Sale and Purchase Agreement (SPA) between Seplat Energy
Plc and Mobil Producing Nigeria Unlimited (MPNU) is set to close officially on Thursday, a document seen by THISDAY has shown.
In its official prospectus released yesterday, the Nigerian indigenous oil and gas company disclosed that whereas the deal was previously
for an initial $1.28 billion, the final consideration has now been put at $800 million. Essentially, a listed company
publishes its prospectus, a legal document that contains details about its business, finances, and shareholding structure, to provide investors with
information about a security or investment offering. Continued on page 25
Komolafe: How NUPRC is Fighting Corruption in Oil, Gas Sector... Page 25 Tuesday 10 December, 2024 Vol 29. No 10838. Price: N400
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Sanwo-Olu Inaugurates Abiola-Onijemo Link Road with Bridge to Connect Communities ... Page 8
Presidency, Barau, Bago, Inuwa Yahaya, Abiru, Others Hail Akpabio at 62
Sunday Aborisade in Abuja, Laleye Dipo in Minna and Segun Awofadeji in Gombe
The Presidency through the Special Adviser to President Bola Tinubu on Senate Matters, Senator Basheer
Lado; Deputy Senate President, Jibrin Barau; northern and Southern Senators, have congratulated the Senate
President, Godswill Akpabio, on his 62nd birthday. A letter of congratulations
signed by Lado yesterday said Akpabio’s remarkable contributions to nation-building, marked by years
of unwavering dedication, had left Continued on page 25
Opposition’s Victory in Ghana Signals End of APC’s Oppressive Rule in 2027, Says PDP Atiku tackles Akume for asking north to wait till 2031 for power shift, espouses justice, fairness Ex-VP's calculation on north/south leadership wrong, THISDAY fact-checking reveals
Story on page 25
SENATORS CELEBRATE AKPABIO ON 62ND BIRTHDAY...
L-R: Senator Eteng Williams; Senate Minority Whip, Osita Ngwu; Senate Deputy Whip, Onyekachi Nweboyin; Senate Leader, Opeyemi Bamidele; former Senate Whip, Orji Kalu; President of the Senate and celebrant, Godswill Akpabio and wife, Unoma; Senators Cyril Fasuyi and Olalere Oyewumi, during the 62nd birthday celebration of the Senate President in Abuja ...yesterday