All posts tagged "capital oil"
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NNPC, Capital Oil sell 120,000 litres of kerosene to households in Gombe
The Nigerian National Petroleum Company (NNPC) in partnership with the Capital Oil and Gas Industries Ltd has sold 120,000 litres of kerosene to households in Gombe. Samuel Echea, the Business Manager of Kerosene-direct of the company disclosed...
- Posted February 6, 2013
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Capital Oil drags Access Bank to Court over contempt
Capital Oil and Gas Limited and its Chief Executive Officer, Ifeanyi Ubah, have begun to initiate contempt proceedings against Access Bank Plc and some of its principal officers. It follows the banks alleged refusal to comply with...
- Posted February 3, 2013
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Capital Oil Denies Involvement in subsidy fraud, Accuses Access Bank CEO of Hidden Interests
The management of Capital Oil and Gas Industries Limited has denied any involvement in the fraudulent collection of subsidy claims following allegations levied against them by the Presidential Committee on Subsidy, headed by Aigboje Aig-Imoukhuede. The Media...
- Posted November 1, 2012
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Federal Court Denies Capital Oil Boss, Ifeanyi Uba, Others, Bail
Embattled CEO of Capital Oil and Gas, Ifeanyi Ubah, has again been denied a bail application by a Federal High Court sitting in Lagos. The denial was also denied some of his company’s senior executives namely Nsikan...
- Posted October 16, 2012
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Why Ifeanyi Ubah, Capital Oil boss was Arrested by Special Fraud Unit
Capital Oil and Gas CEO, Ifeanyi Ubah was yesterday arrested by members of the Special Fraud Unit (SFU) over allegations of his company’s involvement in the fuel subsidy scam. The Aig Imokhuede-led committee on on Verification and...
- Posted October 10, 2012