A Federal High Court in Lagos has granted a Mareva injunction permitting the Nigerian government to freeze assets owned by two Nigerian businessmen, Kola Aluko and Jide Omokore, and their company Atlantic Energy. The individuals are linked to former Minister of Petroleum Resources, Mrs. Diezani...

... Attack on Chevron Valve Platform costs N8.3b monthly Meanwhile, Nigeria may lose over N100 billion between February and June to the vandalised Forcados pipeline that conveys Forcados grade of crude oil of over 400,000 barrels per day. Besides, total export proceeds of $170.12 million was...