NNPC Ltd., Caverton, Stenabulk Join Venture, Strategic Industry Alignment – Lokpobiri

Sen Heineken Lokpobiri, Minister of State, Petroleum Resources (Oil), has described the Joint Venture (JV) between Nigerian National Petroleum Company Limited (NNPC Ltd.), Caverton Offshore Support Group and Stenabulk as a strategic industry alignment. Lokpobiri also said that the JV was a bold step toward enhancing shipping operations, strengthening local content, and driving economic growth….

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Abuja Court Hears How $6.23m Election Funds Were ‘Fraudulently Released’ At CBN, Witness Claims

An Abuja High Court on Tuesday heard testimony alleging that $6.23 million meant for election observers was fraudulently withdrawn from the Central Bank of Nigeria during the administration of former CBN governor Godwin Emefiele. The allegation was made by CP Eloho Okpozikbo while testifying in the trial instituted by the Economic and Financial Crimes Commission….

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