Gas
Naira shows stability amidst fresh $190m injection, rising investors’ confidence
The naira remained stable in the various markets amidst the latest interventions of $190m, with experts concluding that the stability…
Meet Ahonsi Unuigbe, Nigerian energy mogul with hidden $70 million oil stake in Canada
Ahonsi Unuigbe's rise from a sharp, ambitious investment banker to an influential force in the African energy sector is a…
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…
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