SPDC dismisses purported takeover of Kidney Island asset of SPDC JV and SPDC’s interest in OML 11 by Rivers State

The Shell Petroleum Development Company of Nigeria Limited (SPDC) has dismissed the purported takeover of Kidney Island asset of the SPDC Joint Venture in Port Harcourt by the Rivers State Government in the exercise of rights purportedly  acquired through a court auction process that is still the subject of ongoing appeals at the Court of Appeal sitting in Port Harcourt.

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Bank CEO in trouble over illegal Forex deals with betting firms, as CBN gives all banks 24 hours to submit 7 years Forex transactions of top betting and gaming operators

WorldStage Newsonline– All Nigeria’s banks have 24 hours from September 15th till today to furnish the Central Bank of Nigeria (CBN) with the domiciliary account statements of the top operators of betting and gaming companies in the country from January 1, 2013 to July 31, 2020.

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eTranzact confirms inability to submit 2020 H1/Q2 financial statements, as 4.67b rights issue closes today

WorldStage Newsonline– The Board of Directors and Management of eTranzact International Plc, Nigeria’s multi-application, multi-channel electronic transaction switching and payment processing platform, has notified its shareholders and other stakeholders that it has been unable to submit its 2020 half year/second quarter unaudited financial statements to the Nigeria Stock Exchange (NSE) and Securities & Exchange Commission (SEC) within the required time frame.

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