Nigeria
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. [...]
Published on 08.04.2022 at 05:00 GMT Reading time 2 minutes

15% OFF your subscription

Special offer: Only 18d and 4h to take advantage of it

Consult our offers

This offer is open to all new subscribers and runs until 12/07/2024

Further reading

15% OFF your subscription

Special offer: Only 18d and 4h to take advantage of it

Consult our offers

This offer is open to all new subscribers and runs until 12/07/2024

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!