Oil fortune at stake in divorce
The Nigerian trader Michael Prest and his former wife Yasmine are fighting for control of the Nigerian firm Petrodel Resources, which is both an oil company and family holding concern. [...]
Long confined to trading in crude and in oil products in their country, Nigeria’s traders are flush in cash and intent on building up their business throughout the African continent and indeed in Europe. Some have reached the point of [...] (607 words)
Issue dated 16/07/2008
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- NIGERIA
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