Nigeria Blocks Shell's Sale
This is a Nigeria news story, published by Yahoo Finance, that relates primarily to Bola Tinubu news.
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important oil sectorReuters
•Analysis-Shell setback upsets Nigeria's quest to lure investment
79% Informative
Nigeria blocked Shell 's $2.4 billion sale of its onshore oil assets this week .
President Bola Tinubu has been seeking with some success to woo foreign investment.
Shell is one of the biggest investors in Nigeria 's oil, which is the backbone of its economy.
Exxon Mobil's deal to sell onshore assets to Seplat Energy was approved after two and half years .
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