The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has reopened the 2022/23 mini-bid round and extended deadlines for the 2024 licencing round, with new attractive fiscal terms approved by President Bola Tinubu. This was stated in the NUPRC’s update and clarity on the 2022/2023 and 2024 licencing rounds seen by newsmen […]
Category: Oil and Gas
Oil and Gas
MRS Oil Sets N135 Per Share As Exit Consideration For Delisting
The Board of MRS Oil Nigeria Plc has said that as part of exit consideration from the Nigerian Exchange Limited (NGX), it will pay dissenting shareholders N135.00 per ordinary share of 50 kobo each. The Board stated this in its updated explanatory circular on the proposed voluntary delisting of issued […]