Addax Petroleum, owned by top Chinese refiner Sinopec, has lost a ruling at an international tribunal as part of a $1 billion legal battle over an oilfield in Gabon, a confidential document showed. The International Chamber of Commerce’s arbitration court, in its first decision in the dispute, rejected a request […]
Author: InvestAdvocate
Euro Area, Spain Make List of IMF Economies with Economic Imbalances
By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-The International Monetary Fund (IMF) have named Euro Area and Spain as countries newly identified given relatively large fiscal and external imbalances that are likely to persist or emerge over the medium term in the wake of the crisis. This is contained in an update […]
Former Ondo Governor Agagu Slumps, Dies
Former Ondo State Governor, Dr. Olusegun Agagu died this evening in Lagos, a source familiar with his demise told THEWILL Friday. Agagu, who also served as Power Minister under the administration of President Olusegun obasanjo reportedly slumped and died. Update: Agagu, who was also a former Minister of Aviation under […]