Fresh leads reveal how Jonathan, Diezani scammed Nigeria in Malabu oil deal
The Nigerian government has obtained fresh evidence incriminating former President Goodluck Jonathan and his then oil minister, Diezani Alison-Madueke, of accepting bribes and breaking the country’s laws to broker a…
Exposed! US report slams Jumia as a ‘fraud’ and ‘worthless’ company
Jumia Technologies AG shares dipped by more than 20% in Thursday trading after Citron Research’s Andrew Left, a noted short seller, alleged in a report that it has the “smoking…
NCC begins second phase audit of SIM registration and compliance
To provide further assurance on the integrity of its Subscriber Identity Module (SIM) registration database, the Nigerian Communications Commission (NCC) will shortly begin the second phase of its ongoing audit…
Nigeria loses in court in 57m barrels crude export suit, may appeal
A Nigerian court on Wednesday dismissed government claims that subsidiaries of Eni and Petrobras illegally exported crude oil to the United States, but a lawyer representing authorities in the West…
Despite outages, Nigeria’s crude still in high demand
Angolan crude was in dwindling supply for June because of robust demand while Nigerian grades were heard on Tuesday to be offered at steady, relatively firm levels, reports Reuters. Nigeria…
Iraq, Nigeria, Brazil, others set to deliver their most crude oil to the U.S in over 18 months
U.S. refiners have turned to several lesser-used oil suppliers in the wake of U.S. sanctions that restricted usual providers of widely-used grades as they gear up for peak driving season….
FG directs relevant govt. agencies to come up with better funding strategies for MSMEs
The Federal Government on Monday in Abuja directed the Corporate Affairs Commission (CAC) to extend by three months, the special window for Micro Small and Medium Enterprises (MSMEs) registration in…
Ex-Orange bosses stand trial over workers’ 18 suicides in 2 years
Former bosses at leading French telecoms group Orange were due to go on trial on Monday over a series of suicides at the company in the late 2000s. The incident…
Nigeria loses revenue as protesters shut down Aiteo oil facility
Oil facilities in Nigeria’s Nembe region have been hit by a shutdown and protests which began on Sunday, operator Aiteo said on Monday, including a major crude pipeline and a…
Nigeria to begin implementation of vehicle finance scheme before end of Q2, 2019- NADDC boss
Jelani Aliyu, NADDC boss Mr Jelani Aliyu, Director-General, National Automotive Design and Development Council (NADDC), says the vehicle finance scheme implementation would commence before the end of June. Aliyu said…