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Nigeria’s National Economic Council approved a refinancing of NNPC Limited’s oil-backed pre-export finance facility on 3 August 2026, replacing the remaining balance of the original $3.3 billion “Project Gazelle” arrangement with a new $4.5 billion structure — Project Gazelle 2. The transaction refinances approximately $1.5 billion still outstanding from the 2023 deal while unlocking an […]
Seplat Energy has signed a binding agreement to sell a 10% working interest in the assets held within its joint venture with NNPC Limited for approximately $281.6 million, a transaction first announced in 2025 and now advancing toward completion. The deal raises NNPC’s stake in the joint venture from 60% to 70%, while Seplat Energy
Douglas, Isle of Man / Kabanga, Tanzania — August 2026 Lifezone Metals has removed the last obstacle standing between it and full control of one of the world’s most valuable undeveloped nickel deposits. In a deal completed in July 2025, the NYSE-listed company bought out BHP’s remaining 17% stake in Kabanga Nickel Limited, consolidating 100%
Lifezone Buys Out BHP, Bets $942 Million on Tanzania’s Nickel Future Read More »