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Finance & Markets

EXCLUSIVE: OML 29: Aiteo, Shell, AFC, banks settle ‘$1.9bn’ facility dispute

Aiteo Eastern E&P Company Limited has reached a settlement with Africa Finance Corporation (AFC), Shell Western Supply and Trading Limited, and eleven commercial banks and financial institutions over disputes bordering on Oil Mining Lease (OML) 29 and associated loan facilities worth over $1.9 billion extended to Aiteo by the lenders. The post EXCLUSIVE: OML 29: Aiteo, Shell, AFC, banks settle…

nairametrics.com ·2h ago

We haven't written up this one. Nairametrics has the full story — the link below goes straight to it.

Read the original at nairametrics.com →

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US scraps G20 photo after European diplomats object to being pictured with Russia's Lavrov

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Hold the rate. The Fed can't pump oil.

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Heritage Financial: 3 Key Takeaways for Long-Term Investors

Cost integration and rising asset yields position the bank to expand margins without chasing deposits at unsustainable rates.

2h ago ·fool.com

Third Coast Bancshares: 3 Key Takeaways for Long-Term Investors

The pending merger creates a $9 billion regional franchise while deposit momentum cuts funding costs, a dual engine for profitability.

Third Coast Bancshares reported $21.6 million adjusted net income in Q3 2026.
Noninterest-bearing demand deposits grew 60.3% year-over-year.
Bank is merging with Great Plains Bancshares to expand Dallas/Oklahoma presence.

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