0

HISTORIC $40 BILLION DEAL SIGNED BY IRAN AND RUSSIA FOR JOINT INVESTMENT IN ENERGY PROJECTS

Articles, Newsletter

By: Abdulbari Adam, Esq

Russia recently signed a historic $40 billion deal with Iran on energy projects. The deal was consummated during Russian President Vladimir Putin’s visit to Iran. The agreement will cover development projects at several Iranian oil and gas fields, including a $10 billion project in the Persian Gulf’s Kish and North Pars gas fields, as well as a $15 billion project to boost pressure at South Pars, the world’s largest gas field located on Iran’s maritime border with Qatar. National Iranian Oil Company (NIOC) and Gazprom will also collaborate on the completion of Liquefied Natural Gas (LNG) projects, the construction of gas export pipelines, and swap deals between Iran and Russia involving natural gas and petroleum products, according to the statement by Shana.

Read More
0

TWITTER LAWSUIT AND ELON MUSK DELAY ON $44 BILLION DEAL

Newsletter

By Ronaldson Diete-Spiff, Esq

Twitter recently filed a lawsuit against Elon Musk for refusing to pay $44 billion to acquire the dominant social media platform. The suit is before Delaware’s Court of Chancery, wherein the social media platform accuses Musk of acting dishonestly when negotiating with Twitter and causing a protracted, pricey, and high-stakes conflict.

Read More
0

CBN LAUNCHES EXPOSURE DRAFT ON DIGITAL FINANCIAL SERVICES, AWARENESS GUIDELINES

Newsletter

By Doyinsola  .T. Omomowo  Esq

The Central Bank of Nigeria (CBN) on July 5, 2022, launched draft on Digital Financial Services Awareness Guidelines which seek amongst others to enhance transparency and proper disclosure of Digital Financial Services (DFS) among financial institutions and payment service providers, set Digital Financial Literacy (DFL) standards for Digital Financial Services Providers (DFSP), align product development, promotion, and consumer awareness to DFS amongst DFSP.

Read More
0

NDLEA TOLL-FREE HELPLINE CENTRE: AN INTERVENTIONIST STRATEGY IN THE  FIGHT AGAINST DRUG MISUSE.

Articles

By Blessing Abianga.

The Recent introduction of a toll-free helpline center by the National Drug Law Enforcement Agency (NDLEA) in the fight against illicit drugs has been commended by stakeholders.

Speaking in this regard, the Chairman/Chief Executive NDLEA, Brig. Gen. Mohamed Buba Marwa (Retd), stated that the Agency embarked on creating a toll-free helpline (0800 1020 3040) for drug users and addicts as an interventionist strategy. According to him, the Call Centre aims to provide telephone-based psychosocial support and addiction services in the War against Drug Abuse (WADA) and to provide NDLEA with information that will deepen its understanding of the country’s dynamics of drug use and potentially put it ahead of its game. He assured the public that the toll-free helpline will be open 24/7 and guaranteed anonymity, confidentiality, and safety.

Read More
0

SPDC HALTS DIVESTMENT PLAN OVER N800 BILLION JUDGMENT 

Articles

By T.A.M Damiari Esq

The recent order of the Supreme Court of Nigeria made on June 16, 2022 for parties to maintain ‘status quo’ in a pending appeal over N800 billion judgment obtained by Isaac Torchi and 87 members of the Ejalawa community, Rivers state, against Shell Petroleum Development Company of Nigeria Ltd (SPDC), would further delay the divestment plan of the company’s onshore oil and gas assets.

Read More
1 … 7 8 9 10 11 … 25