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U.S.-Saudi Consortium Plans $5 Billion Gulf Refinery Outside Hormuz●UBS CEO says the AI pullback is healthy — but there’s a bigger risk investors should watch●Bradesco BBI to Buy Mover’s 15% Motiva Stake●Arteris Loses Half Its Traffic as Key Brazil Roads Flip●Brazil’s Digital Receivables Open a US$2 Trillion Market●Okomu Oil H1 2026 pre-tax profit falls 12% to N59 billion●Chile’s Private Miners to Pay Record US$8 Billion in 2026●Coalition of 44 state attorneys general says CFTC lacks authority over sports prediction markets●U.S.-Saudi Consortium Plans $5 Billion Gulf Refinery Outside Hormuz●UBS CEO says the AI pullback is healthy — but there’s a bigger risk investors should watch●Bradesco BBI to Buy Mover’s 15% Motiva Stake●Arteris Loses Half Its Traffic as Key Brazil Roads Flip●Brazil’s Digital Receivables Open a US$2 Trillion Market●Okomu Oil H1 2026 pre-tax profit falls 12% to N59 billion●Chile’s Private Miners to Pay Record US$8 Billion in 2026●Coalition of 44 state attorneys general says CFTC lacks authority over sports prediction markets●

Emerging Markets

Nigerian Court Voids Lawmakers’ N72.6bn Compensation Order Against Seplat

The Rio Times · 2h ago · 🇧🇷 Brazil

Nigerian Court Voids Lawmakers’ N72.6bn Compensation Order Against Seplat

Africa · Western Key Facts —The ruling. A Federal High Court in Lagos voided a House of Representatives directive ordering Seplat Energy to pay N72.6 billion ($47.2 million) in compensation. —The legal principle. The court held that the National Assembly cannot adjudicate civil liability or award damages; that power belongs exclusively to the judiciary. —The […] The post Nigerian Court Voids Lawmakers’ N72.6bn Compensation Order Against Seplat appeared first on The Rio Times .

Read the full story at The Rio Times →

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