Ex Afren Bosses found guilty of fraud in $300m transaction after side-dealing with Nigerian firm
UK's Serious Fraud Office disclosed that two former executives of Afren Plc have been found guilty of a $300m fraud.
Tag: Afren Plc
News and analysis about Afren Plc
Another major scandal rocks Nigeria’s oil industry
The United Kingdom’s Serious Fraud Office (SFO) has charged two former executives of Afren Plc for $400 million alleged fraud ...
What Nigerian Companies Were Up to Last Week By @Ugodre
Nairametrics| Roundup of Company News from Nigeria for the week ended April 8, 2017. 1. Access Bank is in the ...
Oando To Explain Reasons For Monumental Loss By 4pm Monday 25th September
Oando Plc will be explaining the reasons for its monumental loss on Monday 26th October when it hosts its fact ...
First oil from Aje field, offshore Lagos expected in January 2016
Panoro Energy ASA, the independent E&P company with assets in Nigeria and Gabon, provides the following operations and corporate update: ...
[No Results, N350b in Debt] Oando Boasts It’s Ready To Acquire More Upstream Assets
Reuters news agency reports that Oando is positioning itself to buy oil assets from International Oil Companies (IOCs) as the ...
![[AFTER AFREN] Which of These Nigerian Oil Companies is Next to Go Bust](https://nairametrics.com/wp-content/uploads/2015/08/Going-out-of-business.png)
[AFTER AFREN] Which of These Nigerian Oil Companies is Next to Go Bust
After the fall of Afren, who are next among Nigeria’s oil explorers? If oil prices remain low, bankruptcies among higher-risk ...
Oil Companies Expected To Merge As Oil Prices Continue To Drop
The drop in global oil prices has inflicted massive pain on oil exporting countries, widening budget deficits and weakening currencies. ...
![[Bankrupt Afren] The Nigerian Banks That Could Suffer $185m Loan Losses](https://nairametrics.com/wp-content/uploads/2015/08/Afren.jpg)
[Bankrupt Afren] The Nigerian Banks That Could Suffer $185m Loan Losses
The fallout from the global oil price collapse which has hit the balance sheet of most oil producers (both countries ...
Nigeria’s Energy Sector Still Holds Atraction Despite Oil Price Drop
Despite the plunge in oil prices, investors are still watching the Nigerian oil and gas space with intent following the ...
