NUPRC Welcomes Court Ruling Upholding OML 46 Award to Halkin E&P, Reaffirming Confidence in Nigeria's Energy Sector
Bayelsa, Nigeria--(Newsfile Corp. - February 28, 2025) - The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has welcomed a landmark ruling by the Federal High Court in Yenagoa, Bayelsa State, which reaffirms Nigeria's commitment to transparent regulatory enforcement and due process in oil asset allocations. The ruling, which dismissed all legal claims against the re-award of OML 46 (Atala Marginal Oil Field) to Halkin Exploration and Production Limited (Halkin E&P), underscores the rule of law as the foundation for investment security...
2025-02-28 3:09 AM EST
Plateau State and Hillside Hospitality Drive Hill Station Resort Revitalization, Boosting Tourism and Economic Growth
Jos, Nigeria--(Newsfile Corp. - February 20, 2025) - In a transformative move to reshape Plateau State's tourism industry and restore its reputation as Nigeria's "Home of Peace and Tourism," the Plateau State Government, in collaboration with Hillside Hospitality, has launched the revitalization of the historic Hill Station Resort. The ₦8.5 billion project, led by Hillside Hospitality, an investee company of Strom Infrastructure Investment and Management Limited, aims to reestablish Jos as a premier global tourism destination while stimulating economic growth...
2025-02-20 5:40 AM EST