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Oil & Gas

Court Papers Show How Aluko, Omokore Laundered $1.7bn Stolen From NNPC

Court papers  in Lagos Nigeria have revealed in graphic details  how oil businessmen, Kolawole Akanni Aluko and Jide Omokore laundered  the $1.7 billion…

9 years ago

Alleged Corruption: I’m Ready To Go To Jail — Fugitive Diezani Alison-Madueke

Former Petroleum Minister, Diezani Alison-Madueke, who is being investigated for a series of multi-billion dollar fraud and money laundering offences…

9 years ago

NNPC Crashes Diesel Price To N155

MICHAEL AKINOLA The Nigerian National Petroleum Corporation (NNPC) said it has crashed the price of  the Automotive Gas Oil (AGO),…

9 years ago

University of Nigeria Gets Ultra-Modern Building From Platform Petroleum

  Platform Petroleum Limited, an indigenous oil and gas exploration and production company on Wednesday June 28, 2017 handed over…

9 years ago

Platform Petroleum Donates To UNN New Multi-million Naira Geology Dept. Building

On Wednesday June 28, 2017, the Geology department of the University of Nigeria Nsukka will take possession of a brand…

9 years ago

PIGB: Senate Approves Unbundling Of NNPC

The Senate on Thursday passed first tranche of the Petroleum Industry Bill (PIB), titled the Petroleum Industry Governance Bill (PIGB) 2017. The…

9 years ago

Nigerian Refineries Processed 10million Barrels Of Crude In Q1 2017

FUNSHO AROGUNDADE The Nigerian National Petroleum Corporation (NNPC) has revealed that Nigerian refineries processed 10 million barrels of crude oil in the…

9 years ago

Billionaire Ifeanyi Ubah Arrested For Alleged N11bn Petrol Theft

Ifeanyi Ubah, the chairman of Capital Oil and Gas Limited has been arrested by the Department of State Services. The…

9 years ago

U.S.-based businessman, Ihaza To Set Up $2bn Modular Refinery In Edo

United States-based businessman, Mr Charles Ihaza, said he has acquired about 453.9 hectares of land to establish a modular refinery…

9 years ago

Convicted Wagbatsoma, 2 Other Billionaires In Fresh $184m Fraud Saga

Convicted oil mogul Walter Wagbatsoma is in the news, for worse again, as his company, Ontario Oil and Gas Limited…

9 years ago
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