Thursday, May 23, 2019

Tag "Malabu oil deal"

    I’ll make myself available for trial, says Adoke

I’ll make myself available for trial, says Adoke

Mohammed Adoke, former attorney-general of the federation (AGF), says he will defend himself against the allegations of the Economic and Financial Crimes Commission (EFCC) over his alleged role in the Malabu oil scam.Adoke is accused of receiving over $800 million from the federation account as his benefit from the deal.But in a statement, Adoke said the money laundering charge preferred [...]

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    EFCC files money laundering charge against Adoke, Etete over $1.1bn Malabu deal

EFCC files money laundering charge against Adoke, Etete over $1.1bn Malabu deal

The Economic and Financial Crimes Commission (EFCC) has filed charges against Mohammed Adoke, a former attorney-general of the federation, and Dan Etete, a businessman, for their alleged roles in Malabu $1.1 billion deal.The other defendants in the suit marked FHC/ABJ/CR/268/20 are: Aliyu Abubakar, Malabu Oil and Gas LTD, Rocky Top Resource LTD, Imperial Union LTD, Novel Properties & Dev. [...]

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    Dogara wants FG to rethink privatisation of public establishments

Dogara wants FG to rethink privatisation of public establishments

Yakubu Dogara, speaker of the house of representatives, says the federal government should have a rethink on the privatisation of public establishments.Dogara said this on Monday at the investigative public hearing on the urgent need to halt the plan to raise federal government secured bond of N309 billion to finance the shortfall in the Nigerian electricity market."Unfortunately, since the unbundling [...]

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Exchange Rates

May 16, 2019USDGBPEUR
INTERBANK306397354
LAGOS362475413
KANO361474413
PH361475412
ABUJA362476413
NOTE: The black market rates represent the most prevalent. They could be slightly higher or lower among different sellers.
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