Esther Macully used all of her five-foot frame to face down a bulldozer and save her freezer from being destroyed as a wrecking crew guarded by armed security forces razed her home in Nigeria’s Badia East slum. While she salvaged the cooler, the 40-year-old is still waiting for the Lagos […]
Author: InvestAdvocate
Document Shows NNPC’s Claims On Kerosene Subsidy A Massive Scam-PREMIUM TIMES
Claims by the Nigerian National Petroleum Corporation, NNPC, that over 80 per cent of the controversial $10.8billion (about N1.728trillion) was used for subsidy on kerosene may have been a scam after all. Multiple confidential memos exclusively obtained by PREMIUM TIMES showed that the purported subsidy on kerosene was actually in […]
MTN and Stanbic IBTC mentioned In $8b Money Laundering Petition
Sunday, February 09, 2014 16.21 PM / TheWill / National Daily Newspaper …MTN used as conduit pipe to deplete Nigeria’s external reserves Telecoms giant MTN Nigeria has been accused of engaging in large scale money laundering which has helped in not only depleting Nigeria’s Foreign Exchange (Forex) reserves but also […]
