By Sufuyan Ojeifo These are trying times for many businesses and their owners in Nigeria. Businesses are crumbling due to economic upheavals. Reputations of businessmen and women, nay government contractors, especially those of them who are not politically correct, are being shredded on account of some alleged malfeasances in recent years.
By Abubakar D. Sani Introduction The Federal Government (FG) has reportedly charged some senior officials of oil giants Shell and Agip, along with two former Ministers - Dan Etete and Mohammed Bello Adoke - some Nigerian companies, including Malabu Oil Co. Ltd., as well as the multinational companies themselves, with corruption
...Nneoma Ndibe The Board of Directors of Eni (Nigeria Agip Exploration Limited) has said the transactions which resulted in the auctioning of $1,616,690,656.78 Malabu oil block were not fraudulent. The oil firm in a statement on Wednesday said it based its position on the outcome of forensic investigations into the block. According to the