The board of the Property Practitioners Regulatory Authority (PPRA) has reported its suspended CEO Mamodupi Mohlala to law enforcement authorities over alleged maladministration, fraud and misappropriation of pension funds. This follows …
NNPC
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Uncategorized
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The Nigerian National Petroleum Company (NNPC) Limited has won a court decision temporarily blocking Exxon Mobil Corporation from selling assets in Nigeria to Seplat Energy Plc. A judge in Abuja …
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Five international oil companies operating in Nigeria’s oil and gas sector are to remit an outstanding balance of about N400bn to the Federation Government through the Nigerian National Petroleum Company …
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The Nigerian National Petroleum Company (NNPC) Limited has revealed that the citizens consumed 966.58 million litres of petrol in two weeks. In the latest Premium Motor Spirit (PMS) distribution data …
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Latest updates on Nigeria’s cash call arrears repayment showed that the country had so far repaid a total of $3.72bn to five international oil firms, leaving an outstanding balance of …
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Banking, Finance & InvestmentWestern Africa
Switzerland Firms involved in massive bribery of NNPC, officials pleads guilty
Glencore International A.G. and Glencore Ltd., both multi-national commodity trading and mining Switzerland Firms involved in massive bribery of officials of Nigeria’s state-owned oil company are reportedly pleading guilty and agreed …