254 firms bid to lift Nigeria’s crude oil in 2018/2019
In 2017, 224 firms participated in a similar process.
SPECIAL REPORT: How corruption fuelled allocation of Nigeria’s oil blocks
Oil block allocations have been dogged with nepotism, ‘forced marriages,’ and other forms of corruption.
HEDA demands details of three oil blocks from Mobil
The civic group made an FOI request.
Gov. Wike blames oil companies for Rivers violence
Interior Minister Dambazau visits the state after New Year day killings.
Despite producing most oil, Akwa Ibom has no NNPC, DPR offices – Governor Emmanuel
The governor says the two agencies do not have even a “kiosk” in the state.
Nigeria loses N222 billion in one year in shady crude oil swap deals — NEITI
Nigeria receives refined fuel lower in value by $723 million, compared to crude oil it sent abroad for refining.
NNPC should be made to account for N5.15 trillion – NEITI
The report revealed that Nigeria’s oil and gas revenues dropped from $54.5 billion in 2014 to $24.8 billion in 2015.
FACT-CHECK: Documents show Kachikwu lied against Buhari, NNPC GMD in $2.89 billion contract claim
Our checks show the minister’s allegation against the President and Mr. Baru is false
Oando: Two weeks after public notice, SEC yet to commence forensic audit
Sec told Nigerians on December 5 the audit would begin the next day.
Enmeshed in bribery scandal, Addax says it plans $3 billion investment in Nigeria
Addax paid huge fines in Switzerland over bribery scandal in Nigeria.
How Alison-Madueke used fictitious persons to acquire multi-billion naira assets – EFCC
Businessman Jide Omokore and his wife were also linked to the scandal.
UPDATED: SEC writes Oando again, orders firm to open doors to forensic auditors from Wednesday
The SEC letter to Wale Tinubu was signed by Abdul Zubair, the Acting Director General of the commission.
Court strikes out Oando’s suit to stop forensic audit
The court says it lacks jurisdiction.
Oando: Court ruling stirs uncertainty over suspension of shares’ trading
SEC, NSE keep mum over court restraining order
Oando contests suspension in court, faults SEC’s decision
Oando says SEC acted ”without having concrete evidences.”
Oando crisis worsens as firm is suspended from Johannesburg Stock Exchange
The NSE had suspended the firm on Wednesday.
UPDATED: Oando Crisis deepens as SEC suspends sale of shares
The company has been enmeshed in crisis since its last shareholders meeting.
$25 billion claims in Kachikwu’s memo fabricated – Osinbajo
The presidency says monetary values cannot be associated to the contracts.