Nigeria targets $20bn revenue, 50,000 jobs from NLNG Train 7
The Nigerian National Petroleum Corporation (NNPC), and its partners have taken Final Investment Decision (FID) on the Nigerian Liquefied Natural Gas (NLNG) Train 7 Project. A projected $20 billion revenue…
Court Grants EFCC’s request to detain former AGF, Adoke for 14 days
Former AGF, Mohammed Adoke A Federal Capital Territory High Court has granted the Economic and Financial Crimes Commission (EFCC), 14 days to detain former Attorney General of the Federation (AGF)…
Ozekhome, EFCC disagree over access to Adoke
Mike Ozekhome (SAN) A Senior Advocate of Nigeria, Mr Mike Ozekhome, and the Economic and Financial Crimes Commission (EFCC) have disagreed over the claims that nobody was allowed access…
EFCC detains Adoke over Malabu Oil scandal, to process charges against him
The Economic and Financial Crimes Commission (EFCC) has detained a former Attorney General of the Federation (AGF) and Minister of Justice, Mr Mohammed Adoke. Adoke was detained by…
How Shell staff connived with police to extort N3m from me — Travel Agent
September 30, 2019 seemed like a normal business day for Dayo Ayoade, Managing Director of Travel Deals Limited, Lagos, until he discovered that Guaranty Trust Bank Plc had placed a…
Court clears obstacle to Dutch prosecution of Shell over Nigerian oil deals
A Dutch court has rejected Shell’s claim that documents seized during a raid on the company’s offices cannot be used as evidence by prosecutors due to legal professional privilege, an…
OPL 245: EFCC to serve Adoke, Etete by substituted means
EFCC boss, Magu The Federal Capital Territory High Court sitting in Jabi has ordered the Economic and Financial Crimes Commission to serve the criminal charges of alleged abuse of…
U.S. DOJ says Eni probe not closed for lack of evidence, could re-open investigation
The U.S. Department of Justice has described as “misleading” any implication that it had closed a probe into alleged corruption by Italian energy major Eni for lack of evidence and…
U.S. Justice Department drops investigation into Shell over Nigerian oil deal
Royal Dutch Shell said on Wednesday that it had been informed by the U.S. Department of Justice that it had closed its inquiry into Shell over the 2011 $1.3 billion…
Petroleum Ministry seeks out of court settlement in Aiteo, host communities face-off
A Federal High Court sitting in Yenagoa had on June 24 declined an application to halt the renewal of Oil Mining Lease (OML) 29 pending, the determination of a suit…