AFC, Ecobank and Shell pursue Aiteo over OML 29 debts

Aiteo is still trying to escape proceedings launched against it by its creditors, who want repayment of a $2bn loan used to purchase of Shell's 40% stake in Nigeria's OML 29 oil block. Aiteo has however suffered a setback in a UK high court. [...]
Published on 01.12.2022 at 05:00 GMT
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