Oando takes SEC to Appeal Court

Oando Plc has approached the Court of Appeal with a view to lifting the technical suspension imposed on its shares on the floor of...

Neconde lawyer writes PENGASSAN over ultimatum

Counsel to Neconde Energy Limited, Uchechukwu Val Obi (SAN) has faulted the seven-day ultimatum given by oil workers to the Federal Government asking the...

AITEO secures court order restraining EFCC, AGF

The Federal High Court, Abuja, on Friday restrained the Federal Government from taking steps that may cripple the operations and freeze the accounts of...

Saraki approves NNPC amendment bill for second reading

The Nigerian Senate on Tuesday read for the second time, "a bill for an act to amend the Nigerian National Petroleum Corporation (NNPC) Act...

Dutch law firm seeks criminal case against Shell and its CEO over OPL 245

A Dutch law firm has asked the public prosecutor in the Netherlands to file a case against Royal Dutch Shell, its CEO and former...

Judge orders temporary forfeiture of N1.5bn properties linked to Alison-Madueke

Justice Mojisola Olatoregun of the Federal High Court has granted a request by the Economic and Financial Crimes Commission for the temporary forfeiture of...

Fayemi wants mining transferred from exclusive to concurrent legislative list

The Minister of Mines and Steel Development, Dr Kayode Fayemi, has canvassed an urgent review of the country’s laws to allow states play more...

Swiss paper reveals Deloitte’s concerns over Addax’s Nigerian payments

As the Chinese-owned Addax Petroleum winds up its operations on December 10, a confidential document has emerged showing how the company allegedly paid millions...

Court strikes out Oando’s suit to stop SEC’s forensic audit

A Federal High Court sitting in Lagos has struck out a case filed by Oando PLC against the Securities and Exchange Commission (SEC) seeking...

All four parts of PIB will be ready for passage by March 2018 –...

The Senate has hinted that the long-delayed Petroleum Industry Bill (PIB) will be assented to by President Muhammadu Buhari before the end of the...

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