The Ebok field handed over to Oriental Energy Resources Limited in 2007, has discovered new oil location. The company disclosed this in a statement which described the discovery as a major booster to Nigeria's oil production.
UK's Serious Fraud Office disclosed that two former executives of Afren Plc have been found guilty of a $300m fraud.
The United Kingdom’s Serious Fraud Office (SFO) has charged two former executives of Afren Plc for $400 million...
Summary of the top business, economic and political news in Nigeria today. The Federal Executive Council( FEC), yesterday,...