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OML 11: Rivers govt. wins suit against Shell

The Rivers State High Court sitting in Port Harcourt and presided over by Hon. Justice Charles Nwogu, has Thursday delivered judgement in suit No.PHC/652/CS/2020 filed by the Attorney General of Rivers State against Shell Petroleum Development Company(SPDC) of Nigeria Limited. The Rivers State Government had claimed that SPDC Defendant’s/ Judgment …

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Chinese African loans in perspective: Facts, records, myths – Nigeria’s case By Dr. Kazeem Bello

There has been recent outcry about the Chinese loans for projects development in Nigeria and its implications for the sovereign Independence of the Nigerian Nation. The issue becomes more precarious when we consider this in the context of the legislative arm of government having different interpretations and conceptual understanding with …

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COVID-19: SERAP asks World Bank to ‘tread carefully in disbursing $114.28m credit for Nigeria’

Socio-Economic Rights and Accountability Project, (SERAP) has sent an open letter to the World Bank President Mr David Malpass, urging him to use his “good offices to encourage the Federal Government and 36 state governments to publicly commit to transparency and accountability in the spending of the $114.28m credit and …

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Nestle Nigeria Plc announces changes on its Board of Directors; Wassim Elhusseini is new MD

Nestlé Nigeria Plc has notified its shareholders, The Nigerian Stock Exchange, NSE, and the investing public of the appointment of its Managing Director, Mr. Mauricio Alarcon as the Market Head of Nestlé Central and West Africa Region comprising 25 countries with head office in Ghana, effective September 1, 2020. A …

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