Business

Stakeholders Laud Komolafe, NUPRC for Entrenching Transparency in Oil and Gas Sector— Say Commission Anchoring Tinubu’s Renewed Hope Agenda

Experts and civil society representatives have commended the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) for driving transparency in the implementation of the Petroleum Industry Act (PIA), describing the Commission under Gbenga Komolafe’s leadership as key […]

Business

EFCC Arraigns Oil Magnate For Alleged N750Million Loan Scam Involving Forged Invoice In Port Harcourt

The Port Harcourt Zonal Directorate of the Economic and Financial Crimes Commission (EFCC) on Tuesday, June 17, 2025, arraigned Ugochukwu Joseph Nwaemere, Executive Director of Pennhydro-Pell  Oil and Gas Limited, before Justice E.A. Obile of the Federal […]

Business

Top MTN Partner, Kingsley Adonu, Faces Arraignment Over Alleged ₦10Billion Fraud Channelled Through Fidelity Bank, GTBank, Others

Kingsley Ifeanyi Adonu, a prominent telecommunications entrepreneur and a leading partner of MTN Nigeria from Enugu State, is set to be arraigned at the Federal High Court in Lagos over an alleged ₦10 billion fraud […]