NNPC April Revenue Surges to N4.97 Trillion

Court Dismisses $19.6m Contract Suit Against NNPC

The Federal Capital Territory High Court in Abuja dismissed a massive $19.6m lawsuit against the Nigerian National Petroleum Company Limited, terminating a prolonged battle over disputed professional fees. Justice Hamza Mu’azu threw out the case filed by Alternate Dimensions Ventures Limited, ruling that the firm’s claims completely lacked legal merit. The legal victory insulates the…

Read More

Emefiele Trial Faces Fresh Delay Risk

  The $6.23 million discrepancy case involving former Central Bank of Nigeria (CBN) Governor, Godwin Emefiele, is at risk of further procedural stalling as uncertainty surrounds the appearance of a key witness. Indications from the Federal Capital Territory (FCT) High Court suggest that the prosecution may soon notify the court of the unavailability of Jim…

Read More