Arco, others seek stricter enforcement of Nigeria Content Act

Nearly three years after the signing into law of the Nigerian Local Content Act by President Goodluck Jonathan, experts in the nation’s oil and...

How multinational oil firms resisted Local Content Act – Nwapa

The Executive Secretary of the Nigerian Content Development Monitoring Board (NCDMB) Mr Ernest Nwapa, has disclosed how multinational operating and service companies in the...

Subsidy fraud: EFCC re-arraigns Tukur, Arisekola’s sons

The Economic and Financial Crimes Commission (EFCC) yesterday re-arraigned Mahmud Tukur, son of the National Chairman of the Peoples Democratic Party (PDP), Alhaji Bamanga...

N6bn subsidy fraud: SFU launches manhunt for suspects

The Special Fraud Unit (SFU) of the Nigeria Police in Lagos has launched a manhunt for three alleged fuel subsidy fraudsters who swindled the...

NIMASA scam: How contracts were awarded, by EFCC witness

Most of the contracts awarded at the Nigeria Maritime Administration and Safety Agency (NIMASA) alleged to have been split, were approved by the agency’s governing...

Four suspected pirates set for trial

The four suspected pirates, who hijacked an oil vessel, MT Norte, car-rying 17,000 metric tons of Petrol Motor Spirit (PMS) in the Gulf of Guinea on August...

Refinery privatisation: Senate urged to amend bill

To ensure that Nigerians get more consideration when the four refineries are privatised next year, experts have called for a modification of the bill...

Membere-Otaji: Nigeria should pass PIB to remain competitive

The Chairman of ELSHCON Nigeria Limited, an Engineering, Procurement, Construction and Installation (EPCI) and marine services company, Dr. Emi Membere-Otaji, has called on the...

S’Court fixes hearing on Excess Crude Account

Following the inability of the federal government and states to amicably resolve the dispute arising from the creation of the Excess Crude Account (ECA)...

Oil firms threaten legal action over defamation

Two oil companies, Tridax Energy Limited and Mezcor Nigeria Limited have threatened to sue an online medium over what they described as a defamatory...

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