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The Nigerian foreign exchange market has been under severe pressure in recent months as the demand for dollars outstrips the …
Read More »Top firms suffer N656 bn exchange rate loss and inflation fears amid forex market crisis
Tag Archives: Firms
Nmah hails Ukodhiko over motion seeking to compel oil, gas firms to covert gas flaring to electricity in Isoko
The immediate past Chairman of Delta State Investments Development Agency (DIDA), Hon Paul Nmah has commended the House of Representatives …
Read More »Economic Counil recommends legislative backing for local auto firms
The Greek coastguard on Friday expanded the search area after a migrant boat sank off the country’s coast recently, in …
Read More »Economic Counil recommends legislative backing for local auto firms
By Chijioke Okoronkwo The National Economic Council (NEC) has recommended the provision of legislative backing for local auto firms. Gov. …
Read More »UAE’s in-country value projects driving billions to local firms
Abu Dhabi, United Arab of Emirates — More than $27.23 billion has been redirected to the local economy since the …
Read More »LAWMA, firms donate gifts to communities
By Fabian Ekeruche The Lagos Waste Management Authority (LAWMA) has partnered AOA Windstream and Applistructure Consulting Ltd. to launch a …
Read More »Edevbie, other forfeits of N827.6m to EFCC
The Economic and Financial Crimes Commission, (EFCC) has secured the final forfeiture of N827, 679,098.32 from Flank Power Resources Limited and GMFD Ventures Limited. Both firms are linked to contractors with the Niger Delta Development Commission (NDDC), Matthew Edevbie is the Chief Executive Officer of Flank Power Resources Limited. In a statement by the … Continue reading EFCC Gets Final Forfeiture Of N827.6m From NDDC Contractors
Read More »Buhari orders speedy investigation into NDDC corruption scandal
President Muhammadu Buhari has ordered a speedy and coordinated investigation into the corruption scandal in the Niger Delta Development Commission (NDDC). The Senior Special Assistant to the President on Media and Publicity, Garba Shehu, disclosed this in a statement on Thursday. He explained that the President gave the directive for better coordination among security … Continue reading Buhari Orders Speedy Investigation Into NDDC Corruption Scandal
Read More »Alleged N34bn Fraud: Court dismisses case against Akpobolokemi, Tompolo’s company
Justice Ibrahim Buba has dismissed a suit bordering on an alleged N34bn fraud filed by the Federal Government against the former Director-General of NIMASA, Patrick Akpobolokemi and a firm known as Global West Vessel Specialist Limited, linked to a former Niger Delta militant leader, Government Ekpemupolo, popularly known as Tompolo and 7 others. In … Continue reading Alleged N34bn Fraud: Court Dismisses Case Against Akpobolokemi, Tompolo’s Company
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