Industrial Development Ltd News Today

The International Criminal Police Organisation has arrested a Director of Process and Industrial Development Ltd, James Nolan, in Italy.

After finding that the massive arbitration award in favor of P&ID was tainted by bribes, it has now been ruled the case cannot be sent back to the arbitrat...

Case related to a failed 2010 gas deal between Nigeria and company founded by two Irish businessmen

Gigantic award overturned

“This case has, sadly, brought together a combination of examples of what some individuals will do for money,” the UK court ruled.

EFCC also established that a now-deceased petroleum minister broke the law by signing the contract without proper approvals and protocol.

The daily newspapers report gruesome death of police officers and civilians in attacks on multiple banks in Benue. More so, concerned Nigerians are raising brows concerning the $400 million the president is expected to borrow from the World Bank for cash transfers. 

/PRNewswire/ -- The toys and games market is set to grow by USD 70.12 million from 2022 to 2027, progressing at a CAGR of 8.1% during the forecast period. The...

Nigeria has built a strong case to overturn a crippling damages bill handed down by an international arbitration tribunal for a failed gas deal in 2010, experts say.

Seamus Andrew, Trevor Burke are set to get payouts of about $2.2 billion and $850 million