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Norilsk Nickel issues notice of legal proceedings against Government of Botswana

April 28, 2017/Norilsk Nickel Norilsk Nickel ( has served notice that it intends to commence legal proceedings in Botswana against the Government of Botswana in respect of its involvement in… Read more »

CBN targets top bankers in forex manipulation investigation

April 24, 2017/Punch Oyetunji Abioye The Central Bank of Nigeria is watching closely the activities of top officials of commercial banks allegedly involved in illegal foreign exchange transactions. It was… Read more »

Buhari Presidency will Sustain Fight against Corruption

FG to Establish Chamber of Commerce for Niger Delta Youths April 11, 2017/Press Release The government of President Muhammadu Buhari is committed to sustaining the anti-corruption fight, ensure that the… Read more »

SEC targets fake stock news on financial websites

10/4/2017/Reuters By Jonathan Stempel The U.S. Securities and Exchange Commission on Monday announced a crackdown on alleged stock promotion schemes in which writers were secretly paid to post hundreds of… Read more »

Etisalat Nigeria yet to agree debt deal with lenders: source

10/4/2017/Reuters By Stanley Carvalho and Chijioke Ohuocha DUBAI/LAGOS (Reuters) – The Nigerian arm of Abu Dhabi telecom group Etisalat is yet to agree a deal on restructuring a $1.2 billion… Read more »

Eni denies any wrongdoing in Nigeria – spokesman

April 10, 2017/Reuters A spokesman for Italian oil major Eni reiterated on Monday that the group and its personnel had not been involved in any wrongdoing in Nigeria. The comments… Read more »

Whistleblow:FCA, PRA Commences Investigations into Jes Staley and Barclays

10 Apr 2017 07:00/Barclays Barclays PLC and Barclays Bank PLC (Barclays) announce that the Financial Conduct Authority (FCA) and the Prudential Regulation Authority (PRA) have commenced investigations into: ·    Jes Staley,… Read more »

NNPC Fails To Remit $21.7b, N316b To Federation Account, Group Says

Culled–Sahara Reporters April 4, 2017/Daily Trust The Nigeria Extractive Industries Transparency Initiative (NEITI) says the Nigerian National Petroleum Corporation (NNPC) and its upstream arm, the Nigerian Petroleum Development Company (NPDC),… Read more »