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Nigeria Lists 23 Oil Blocks Which Failed To Produce Crude

By Louis Achi More than 23 oil blocks managed by both international and local oil companies, under crude oil Production Sharing Contracts with the Nigerian...

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Reps Begin Probe Into $9.05bn Loss To Gas Flaring

By Agency Report The Speaker of the House of Representatives, Tajudeen Abbas, has inaugurated an Ad hoc Committee to investigate alleged $9.05 billion revenue loss...

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Mbah Files N1bn Libel Suit Against Enugu APC Chairman, Agballah

The Enugu State governorship candidate of the Peoples Democratic Party (PDP), Dr. Peter Mbah, has filed a N1 billion libel suit against the All...

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Malabu Oil Deal: EFCC Operative Opens Can Of Worms On How Dan Etete Shared $1.3bn Among Associates

An official of the Economic and Financial Crimes Commission (EFCC) at a Federal High Court, Abuja yesterday opened a can of worms by narrating...

Business

Elumelu’s TNOG Acquires 45% Of OML 17 From Shell, Total, ENI

From Ameachi Prosper (The New Diplomat's Delta State Correspondent) The Shell Petroleum Development Company of Nigeria Limited (SPDC), has announced the sale of its 30...

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N70bn Bad Debt: AMCON Seizes Jimoh Ibrahim’s Accounts, Nicon Luxury, Others

The Asset Management Corporation of Nigeria (AMCON) has taken over some assets belonging to businessman, Jimoh Ibrahim, over a N69.4 billion debt. This follows the...

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