– Despite the attempts by the chairman and the secretary of the House of Representatives ad hoc committee on subsidy probe, Farouk Lawan and Emenalo Boniface respectively, to convince an Abuja High Court to quash the charges against them, the court on Friday dismissed their application, saying they must face […]
Tag: Zenon Oil
Nigerian central bank bars loans to big debtors post-crisis
Nigeria’s central bank has banned loans to 113 firms, including the country’s two major airlines, which have failed to repay debts after a 2009 financial crisis that nearly brought down the banking system, an internal document obtained by Reuters on Sunday said. The ban covers firms whose bad debts were […]
Zenon Oil Plc releases proof of utilization of FX sourced from CBN
STATEMENT FROM MR FEMI OTEDOLA FOLLOWING THE HOUSE OF REPRESENTATIVES DELIBERATIONS ON THE BRIBERY SCANDAL ON FRIDAY, JUNE 15, 2012. I have stated the facts in my interview with Thisday newspaper and nothing but the facts. That Farouk Lawan demanded $3 million from me and because I refused […]
