A Lagos State High Court, last Thursday, granted interim preservative orders of Mareva Injunction against Vitol SA – a Switzerland based Energy Trading company, and four other shipping companies in…
Read More $242m Petroleum Products Diversion Claim: UBA secures court order against Vitol, four others
The Central Bank of Nigeria (CBN) has granted Approval-in-Principle (AIP) to JPMorgan to establish a merchant bank in Nigeria, to be known as JPMorgan Merchant Bank Nigeria Limited. Announcing the…
Read More CBN grants JPMorgan approval to establish merchant bank in Nigeria
Former President Olusegun Obasanjo has said that President Bola Tinubu’s economic reforms including devaluation of the naira worsened poverty in Nigeria. He spoke on Wednesday at the Financial Times Africa…
Read More Tinubu’s reforms made every Nigerian poorer – Obasanjo
Nigeria’s Federal Government says it will introduce fuel taxes when the economy stabilises and Nigerians’ incomes improve. Minister of Finance and Coordinating Minister of the Federal government, Taiwo Oyedele said…
Read More Be ready to pay fuel tax when economy improves, Tinubu Govt tell Nigerians
Oyo State Governor, Seyi Makinde, has insisted that the Federal Government was withholding ₦250 billion in Nigeria LNG Limited (NLNG) dividends for each state in the country. His reaction was…
Read More I stand by my claims on NLNG dividends, Makinde insists