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Nigerian National Petroleum Co. withdrew its legal challenge to Exxon Mobil s sale of oil-and-gas assets to Seplat Energy, Bloomberg reported. The state oil company applied to a high.
Nigeria's state oil industry withdraws legal challenge to Exxon Mobil's sale of oil and gas assets to Seplat Energy, clearing the way for the $1.3B deal to proceed.
The Federal Inland Revenue Service (FIRS) receives four percent of non-oil revenues; the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) gets four