- Renewable Energy: The Hottest Investment Space in Africa?
- 15th Edition Connected Banking Summit – Innovation and Excellence Awards 2024
- FTSE 100 back in the red amid inflation update and earning season ramp up
- Rethinking Card Issuing in an Age of Fintech Disruption
- 5th Edition Connected Africa- Africa's Premier Telecom Summit
Nigerian Oil Executives’ Firms Ordered to Pay $680 Million
LAGOS (Capital Markets in Africa) – Nigerian oil executive Wale Tinubu and his deputy at Oando Plc were dealt a court defeat as firms they own or part-own were ordered to pay $680 million in a dispute over corporate shareholdings. The legal battle revolves around ownership of a holding company that ultimately controls a majority stake in Lagos-based oil and gas producer Oando, which is being investigated over claims of financial mismanagement and had its shares temporarily suspended…
Read More