Tag: NNPC
30 killed in botched rescue of abducted oil explorers from Boko...
At least 30 people including civilians and members of the military have died after an attempted rescue of an oil exploration team kidnapped by...
DSS releases oil baron, Ifeanyi Ubah, after six weeks
The Managing Director of Capital Oil and Gas Limited, Ifeanyi Ubah, has been released by the Department of State Services.
Ubah, 45, was released unconditionally...
We have no outstanding dividend payments to govt – NLNG
Nigeria LNG Limited (NLNG) has denied allegation by the Nigerian Extractive Industries Transparency Initiative (NEITI) that the company did not account for $15.9 billion...
DSS arrests Ifeanyi Ubah over N11b oil theft
Founder and Managing Director of Capital Oil and Gas Limited, Ifeanyi Ubah, has been arrested by the Department of State Services (DSS) for the...
Sacked NNPC MD, Nnamdi-Ogbue, denies ownership of money discovered by EFCC
A former Managing Director, Operations of the Nigeria National Petroleum Corporation (NNPC), Esther Nnamdi-Ogbue, has denied ownership of the huge sums of money uncovered,...
Ifeanyi Ubah ‘denies’ arrest by DSS
Founder, Capital Oil and Gas Limited, Ifeanyi Ubah, has denied reports that he was arrested by operatives of Department of State Services (DSS), according...
Andrew Yakubu asks court to return seized N3bn
Former Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Andrew Yakubu, has asked the Federal High Court in Kano to set aside...
Court orders final forfeiture of Diezani’s N34b to FG
The Federal High Court sitting in Lagos has ordered the permanent forfeiture of over N34billion, allegedly diverted from the coffers of the Nigerian National...
Ex-NNPC GMD, Andrew Yakubu, forfeits N3bn to government
A Federal High Court, sitting in Kano, has ordered that the $9.8 million and 74,000 pounds recovered from a house belonging to former Group...
Magu denies N42b recovery, commends officer who led raid on Andrew...
Acting Chairman of the Economic and Financial Crimes Commission (EFCC), Ibrahim Magu, has commended the Commission’s Head of Operations in Kano Zonal Office, Adamu...