All posts tagged "corruption in nigeria"

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  238 Forex Dealers Licenses’ Withdrawn By CBN To Checkmate Corruption

  The Central Bank has thumped its regulatory hammer down on 238 Bureau de Change (BDC) operators operating in the country. According to a circular released Tuesday by the Trade and Exchange Department, of the Central Bank of...

  • Posted January 17, 2013
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  El-Rufai allocated PHCN plots to wives, friends – Witness

  A prosecution witness in the trial of former Minister of the FCT, Nasir el-Rufai, Mr. Sunday Idowu, insisted  that the ex-minister illegally allocated plot 1201 to his family members, the News Agency of Nigeria reported on Tuesday. Idowu, an...

  • Posted September 26, 2012
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  Former KBR CEO Stanley Gets 2 1/2 Year Prison Term in Nigerian Bribes Case

  Albert “Jack” Stanley, the former KBR Inc. (KBR) chief executive officer, was sentenced to 2 1/2 years in prison for bribing Nigerian officials to win $6 billion in natural gas contracts for the company and its partners. U.S. District...

  • Posted February 24, 2012
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  Oil Corruption May Threaten Angola, Nigeria, Global Witness Says

  Nigeria and Angola, Africa’s biggest oil producers, have granted stakes in oil fields to companies that may be acting as fronts for government officials, stifling development in both countries, according to anti-corruption group Global Witness. While increased oil output has generated billions...

  • Posted February 8, 2012
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  Customs Boss reveals how NNPC aids Smuggling to other West African Countries

  The Nigerian National Petroleum Corporation (NNPC) is increasingly appearing to be a cesspit of corruption, fraud and malfeasance, mortgaging the welfare and livelihood of virtually every single Nigerian for the benefit of a handful of unscrupulous and...

  • Posted January 18, 2012
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