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Report Reveals How IOCs Steal Nigeria’s Crude Oil - THISDAYLIVECountry loses estimated N995.2bn annually By Chineme Okafor in Abuja A new report on the age-long crude oil theft in Nigeria has revealed how International Oil Companies (IOCs) in the Niger Delta region steal and siphon large volumes of crude oil from the country undetected by her authorities. The report revealed the revenue losses over …
Source: THISDAY LIVE - 🏆 14. / 51 Read more »
Ex-Finance Minister, 17 Others Docked Over Alleged Fraud – ReportMozambique has indicted 18 citizens for their involvement in fraud involving $2 billion in loans to state-owned companies, the attorney general’s office (AGO) said on Monday, in a scandal that has ensnared two major international banks. “Mozambique AGO is indicting 18 defendants, (ranging) from public workers and other citizens, on charges of abuse of power, abuse of […]
Source: LeadershipNGA - 🏆 4. / 77 Read more »
Russia Develops Missile With 4,500-Kilometre Range, ReportRussia is developing a cruise missile with a range of more than 4,500 kilometres, State Media reported on Tuesday, citing an undisclosed source in the defence industry. The weapon, reportedly to be supplied to the military by 2027, is supposed to be part of the nuclear-capable Kalibr family of ship- and submarine-based missiles. Russia’s Intermediate-Range […]
Source: LeadershipNGA - 🏆 4. / 77 Read more »