Lekoil has announced it plans to recover the fund it paid Seawave Invest Limited for facilitating its loan agreement with Qatar Investment Authority.
Weeks after Lekoil Limited was submerged in a loan scam, the company has secured a postponement agreement to keep its shares
Days after the validity of Lekoil Ltd's $184 million loan became questionable, the company that brokered the deal said it is open to investigation.
The alleged loan scam rocking Lekoil Limited has eaten deep into the fabrics of the firm's shares, as the stock down by 73%, when it closed...
Lekoil 310 Limited, has secured $184 million funding to finance the drilling and all initial development plans on the Ogo field.
Bharti Airtel, the parent company of Airtel Africa says the African unit plans to raise more investment through an issue of primary shares to strengthen Bharti Airtel’s consolidated books.