Business insight and updates

19 oil bunkerers plea bargains, get one year jail term each, forfeit proceeds to govt

A gang of illegal automotive gas oil dealers were last week arraigned at the Federal High Court Lagos before Justice…

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Lawyers asks court to stop listing MTN shares in Nigerian Stock Exchange

A Lagos based lawyer, Dr. Charles Mekwunye has dragged the Security and Exchange Commission, SEC, before a Federal High Court…

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Bizman, official forfeits N50m to govt over illegal exportation of gold

A Federal High Court sitting in Lagos on Tuesday two persons and a company, Bukar Mandara Zarami Ltd over illegal…

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Nigerian govt sues Shell,Eni in London over undervaluing OPL 245

The Federal Government of Nigeria has filed a suit in a London High Court challenging Shell and ENI of undervaluing…

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Senate Confirms Ex-CBN Chief, Lemo, as FERMA Boss

The Senate has confirmed the appointment of a former Deputy Governor of the Central Bank of Nigeria, Mr Tunde Lemo,…

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