Court freezes Ambrosie Orjiakor’s accounts, assets over alleged indebtedness to Access Bank

Justice Nicholas Oweibo of the Federal High Court in Lagos, has granted an order freezing the bank accounts and assets of the Co-Founder and former Chairman, Seplat Energy, Dr. Ambrosie Bryant Chukwueloka (ABC) Orjiakor over alleged indebted to Access Bank…

Roger Brown, Seplat CEO’s work permit, visa revoked over racism, others

The work permit, visa, and residence permit of Roger Brown, Chief Executive Officer (CEO) of Seplat Energy Plc has been revoked by the Minister of Interior. BusinessDay learnt that the minister’s hammer fell on Brown over allegations of racism, favouring…

NNPC cancels ExxonMobil’s $1.6b assets’ sale to Seplat

The Nigerian National Petroleum Company Ltd has opted to exercise its right of first refusal as contained in the Joint Operating Agreement (JOA) of the JV + details of NNPC’s position on the planned sale of ExxonMobil shares to SEPLAT…

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