Oil
Skye Bank’s Collapse Was Political, Not Mismanagement: Tunde Ayeni
…I regret ever meeting Adaobi Alagwu Former Chairman of the Board of Directors of Skye Bank Plc, Tunde Ayeni, has…
Shell to face a full trial in UK High Court in 2027 for Nigerian Pollution
High Court trial finds that Shell plc and its former Nigerian subsidiary can be held legally responsible for legacy oil…
Oil Magnate Ugochukwu Nwaemere arraigned over N750m fraud
The Executive Director of Pennhydro-Pell Oil and Gas Limited, UgochukwuNwaemere, has been arraigned before a Federal High Court in Port…
$457m unremitted funds: Reps tackle Heirs Holdings, Aiteo, Eroton, 10 other oil firms; recover N86m
The House of Representatives Public Accounts Committee, on Wednesday, warned 13 non-compliant oil companies to appear before it to answer…
EFCC arraigns Ponzi scheme director Precious Williams over alleged N13.8 billion fraud
The Economic and Financial Crimes Commission (EFCC), Port Harcourt Zonal Directorate, has arraigned Precious Williams, a director of Glossolalia Nigeria…
Seun Ogunbambo, Fargo Petroleum boss declared wanted over ‘N976.6m scam
The Economic and Financial Crimes Commission (EFCC) has declared Seun Ogunbambo, Managing Director of Fargo Petroleum and Gas Limited, wanted…
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