In Your Interest
26/4/2018/Reuters Nigeria’s state oil company illegally paid 216 billion naira ($707.4 million) in fuel subsidies in 2017, according to a Senate probe, the findings of which were released on Thursday. The investigation by the upper legislative house said that parliament had not approved those payments by the Nigerian National Petroleum […]
23/4/2018/CBN Pursuant to the requirements of the Financial Action Task Force (FATF) Recommendation 35 on effective, proportionate and dissuasive sanctions and the Inter-Governmental Action Group against Money Laundering in West Africa (GIABA) 2007 Mutual Evaluation recommendation that “Nigeria’s sanctions regime should be reviewed and made to be proportionate and dissuasive,” […]
24/4/2018/US SEC The Securities and Exchange Commission today charged a biotech start-up formerly based in Massachusetts, its CEO, and another employee with lying about their progress in seeking FDA approval for a non-opiate pain treatment and with lying about the company’s finances. The SEC also alleges that the insiders along […]