-

SHELL, ENI TRIAL FACES
The trial of Royal Dutch Shell and Eni executives on the allegation of corruption in Nigeria, involving USD$1.3 billion sale…
-

OVER 100 COMPANIES EXPRESS INTEREST IN IBOM DEEP SEA PORT
Over a 100 companies across the globe have indicated interest for the development of the Ibom Deep Sea Port in…
-

UK FIRM NORTH SEA VENTILATION LTD WINS NLNG SUPPLY CONTRACT
A UK firm, North Sea Ventilation Ltd (NSV) has been awarded a contract in the sum of £500,000 to supply…
-

TERMINAL OPERATORS HEAD TO SUPREME COURT
The Seaport Terminal Operators of Nigeria (STOAN), being dissatisfied with the decision of the Court of Appeal affirming the judgment…
-

ILLEGAL OIL SHIPMENT SUIT: COURT AWARDS COSTS AGAINST CHEVRON
The Federal High Court has awarded N100, 000 cost against Chevron Nigeria Limited in a suit filed by the Federal…
-

NCC GRANTS TWO NEW INFRACO LICENCES
The Nigerian Communications Commission has granted licences to two new infrastructure companies in addition to the two earlier granted. The…
-

NEW INTERCONNECT RATES FOR TELECOMS OPERATORS SOON
PricewaterhouseCoopers which was commissioned by the Nigerian Communications Commission (NCC) to conduct a study on Cost-Based Interconnect Rates in Nigeria…
-

LITIGATION, FUNDING DELAY AJAOKUTA PLANTS REVAMP
The Federal Government has disclosed that the sum of $1.2 billion was required to restore the Ajaokuta Company into operations…
-

FG PROSECUTES 18 CHINESE, 36 NIGERIANS FOR ILLEGAL MINING
Eighteen Chinese and 36 Nigerians have been arrested and are currently facing prosecution for engaging in illegal mining. To further…
-

ALSCON: FG SIGNS RENEWED SHARE PURCHASE AGREEMENT WITH UC RUSAL
UC Rusal has been officially recognized by the Federal Government as the core investor of the Aluminium Smelter Company of…