The Minister of Finance and Coordinating Minister for the Economy, Dr. Ngozi Okonjo-Iweala has issued a carefully worded statement that sidestepped answering the question whether she tendered a letter of resignation earlier in the week to President Goodluck Jonathan. The statement by her Special Adviser said the Minister has not […]
Author: InvestAdvocate
Sanusi suspension is unconstitutional say reps
The House of Representatives on Thursday described the suspension of Central Bank of Nigeria (CBN) governor, Sanusi Lamido Sanusi, by President Goodluck Jonathan as unconstitutional. Jonathan announced the suspension of Sanusi in a statement singed early Thursday by Reuben Abati, special adviser to the President on media and publicity, alleging […]
Oando awaits regulatory clearance for COP deal
Oando Energy Resources’ (OER) says it has raised all funds necessary to conclude the acquisition of ConocoPhillips Nigerian assets. It also says in a statement that there is not an ongoing $330 million sale of its drilling subsidiary, Oando Energy Services (OES). “We wish to explicitly state that OER has […]
