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Senate set to probe 100% foreign ownership of some multinational companies

The Committee on Local Content has concluded plans to investigate 100 per cent foreign ownership of some multinational companies registered in Nigeria.

Senate to probe ownership of some multinational companies

The Committee on Local Content has concluded plans to investigate 100 per cent foreign ownership of some multinational companies registered in Nigeria.

Jagal Group appoints Austin Tam-George as corporate affairs director

Jagal, a leading Nigerian conglomerate that operates energy businesses and manages a diverse portfolio of investments, has appointed Dr. Austin Tam-George as its new Group Corporate Affairs Director.

ExxonMobil profits jump on tax gain

ExxonMobil reported a nearly five-fold increase in quarterly earnings Friday due to the impact of the US tax reform, but the company’s share price fell sharply due to disappointing operational results.

Governance in Nigeria a criminalised enterprise – Bishop Kukah

The Catholic Bishop of Sokoto, Mathew Hassan Kukah, has described governance in Nigeria as a criminalised enterprise, insisting that the country must be restructured to serve the interest of the citizenry.

Firms admitted fraud in N30trn customs probe – Senate

Uzodinma also said some of the 63 companies accused of complicity in the fraud amounting to N30tn in the export and import value chain of Nigeria had admitted their involvement.

N30trn revenue scam probe not a sham – Senate

The Senate says that the ongoing probe into alleged N30 trillion revenue leakage in the country’s import and export value chain is not a charade as perceived by some Nigerians.

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