Gas
Tensions rise in Nigerian billionaire Indimi family over oil fortune
Indimi’s son, Mustafa, supports Oriental Energy in court, denying sisters’ $420 million dividend claim and affirming shares were legally bought…
Court Fixes March 28 for Arraignment of Petro Union Directors Over Alleged £2.5bn Fraud
Justice Chukwujekwu Aneke of the Federal High Court, Lagos, has fixed March 28, 2025, for the arraignment of four directors…
Reps probe Oando, Chevron, Mobil, Shell, AITEO, Seplat, others over N9.4trn debt
Nigeria’s House of Representatives, through its Committee on Public Accounts, is commencing investigative hearings aimed at addressing significant outstanding debts…
London Court Awards $380m Against NLNG Over Alleged Breach of Contract
A London court has awarded a $380 million judgment against the Nigerian Liquefied Natural Gas (NLNG) for non-delivery of cargoes…
Otudeko, Bisi Onasanya’s ‘shady deals’ that almost recked First Bank
Fresh details have emerged over the un-ending crises rocking Nigerian lender, First Bank of Nigeria Limited and its parent company, FBN…
Seplat Energy, CEO, and 11 Executives Sued by Nigerian Government for $37.5 Million in Alleged Tax Evasion
Seplat Petroleum Development Company Limited (also known as Seplat Energy Plc) and 12 senior officials of the company have been…
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