April 10, 2017/Reuters A spokesman for Italian oil major Eni reiterated on Monday that the group and its personnel had not been involved in any wrongdoing in Nigeria. The comments followed a media report about alleged illicit payments in a case revolving around the purchase of a Nigerian oilfield by […]

10 Apr 2017 07:00/Barclays Barclays PLC and Barclays Bank PLC (Barclays) announce that the Financial Conduct Authority (FCA) and the Prudential Regulation Authority (PRA) have commenced investigations into: ·    Jes Staley, Group Chief Executive Officer of Barclays, as to his individual conduct and senior manager responsibilities relating to Barclays whistleblowing programme […]

Culled–Sahara Reporters April 4, 2017/Daily Trust The Nigeria Extractive Industries Transparency Initiative (NEITI) says the Nigerian National Petroleum Corporation (NNPC) and its upstream arm, the Nigerian Petroleum Development Company (NPDC), have failed to remit $21.778 billion and N316.074 billion respectively to the Federation Account. NEITI, in a policy brief released […]