BusinessDay
Nigeria's leading finance and market intelligence news report.

Malabo scam: Nigeria suffers major blow as UK court rule in favour of Shell, Eni

A London judge on Friday ruled against Nigeria in the country’s pursuit of justice over the controversial Malabu deal, saying the $1 billion suit against international oil giants Shell and Eni could not go ahead in England. Against the wish of the Federal government of Nigeria, the defendants Eni, Shell and others had earlier asked…



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