The Chairman of Capital Oil, Mr Ifeanyi Ubah, currently embroiled in crisis with Nigerian National Petroleum Corporation (NNPC) over product diversion, has alleged the corporation is owing him N16 billion. NNPC has been tackling Ubah over N11 billion which it claimed was the worth of...

A Federal High Court, Lagos Division, on Wednesday granted the request of the Asset Management Corporation of Nigeria for an interim injunction freezing the accounts of Capital Oil and Gas Industries Limited owned by Ifeanyi Ubah. Justice M. B. Idris, while granting the exparte order...

Ekiti State Governor Ayodele Fayose, who has made an impressive career of finding fault with President Muhammadu Buhari, however genuine or foolish, has been unusually quiet about something for which I thought he would have tried to claim credit - the value of the...