Tags Malabu Oil

Tag: Malabu Oil

$1.1bn Malabu Scandal: Italian court acquits Shell, Eni managers

The Malabu scandal involved the transfer of about $1.1 billion by Shell and ENI through the Nigerian government to accounts controlled by a former Nigerian petroleum minister, Dan Etete.

Malabu: Canadian court dismiss Etete’s appeal on seizure of private jet by Nigerian Government

The Nigerian Government accused Etete of making use of a company, Tibit Limited, as front in the ownership and operation of the aircraft.

Malabu: Italian prosecutors seek 10-year jail term for Dan Etete

The trial of Eni and Shell for corruption opened in the spring of 2018 and two middlemen – a Nigerian and an Italian – were handed four-year prison terms later that year after an accelerated trial.

Nigerian government seizes former minister, Dan Etete’s private jet in Canada over $1.3bn Malabu oil deal

The Nigerian Government has seized a private jet bought by Dan Etete, a former Minister of Petroleum, with some of the...

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Foreigner who ‘sells’ guns to bandits arrested in Zamfara

Four other suspects were also paraded for their alleged involvement in banditry, kidnapping, cattle rustling, and illegal possession of firearms.

Always feel free to ask Nigeria for help, Buhari tells Chadian President

President Buhari in a statement issued by his Special Adviser on Media and Publicity, Chief Femi Adesina said, “We are bound together by culture and geography, and we will help in all ways we can.”

Nigeria experienced decline in remittance inflow by 28% in 2020 ― World Bank

“The decline in flows to Sub-Saharan Africa was almost entirely due to a 28 per cent decline in remittance flows to Nigeria.

National grid restored after system collapse – TCN

Power was restored to the transmission stations a day after TCN announced that the nation’s electricity grid had suffered a system collapse, leading to a power outage in various parts of the country.