AFC, Ecobank and Shell loan for OML 29, a $2bn thorn in Aiteo's side

The Nigerian billionaire Benedict Peters' Aiteo is being hounded by its creditors wanting payment on a massive loan it took out in 2014 to purchase OML 29. All attempts at an amicable settlement have failed after many lengthy delays, mostly due to the pandemic. [...] (477 words)
Issue dated 08/04/2022 Reading time 2 minutes
This article may be accessed by subscribers and e-wallet holders (USD 12.50)

2 options offered to continue reading

from EUR/USD 50

Only buy articles you are interested in


Unlimited access to the website

See our rates

Do you want a free trial before subscribing?

Create your free account

Further reading

Sign up for real-time alerts and be notified of new editions!  

Once registered, you will be notified by a short message on your computer or mobile phone as soon as a new edition of our publication or an alert is published. Stay informed anytime, anywhere!