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February 7, 2024
The subject of how (and whether) sustainable investment aligns with fiduciary duty has been debated in the UK pensions industry for a few years, with some polarising views.
January 16, 2024
Mr Umar Babangida, an Economic and Financial Crimes Commission (EFCC) investigator, on Tuesday, detailed how top government officials supported directors of Process and Industrial Development (P&ID) Limited in the alleged $9.6 billion scam against Nigeria. According to the News Agency of Nigeria, Babangida, the second prosecution witness (PW2) in the current trial of James Nolan, an Irish national, told Justice Obiora Egwuatu of the Federal High Court in Abuja during his testimony.
December 22, 2023
The bill charge was brought forward against Nigeria for a collapsed gas processing project in Cross River, Nigeria.
December 22, 2023
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...
December 22, 2023
A London court has overturned the $11 billion damages charge brought against Nigeria by Process & Industrial Developments (P&ID) Limited, a gas
December 22, 2023
P&ID had little or nothing to show as track record of work executed in the gas sector to merit a project of that scale.
December 22, 2023
Peter Obi shares disappointment on Wike’s demolition of 200 houses for the presidential fleet Remi Tinubu and DEPOWA disburse ₦950 million in support of
December 22, 2023
P&ID had little or nothing to show as track record of work executed in the gas sector to merit a project of that scale.
December 21, 2023
An $11 billion damages bill against Nigeria for a collapsed gas processing project which was procured by bribery has been thrown out by Londons High Court. The West African country was... -December 21, 2023 at 06:14 am EST - MarketScreener
December 21, 2023
A London court has refused to grant an application by Process & Industrial Development (P&ID) seeking to appeal the judgement halting the enforcement of its $11 billion award against Nigeria. In a judgment on Thursday, Robin Knowles, the presiding judge, ruled that the award against Nigeria should be thrown out immediately. Writing by Adeniyi Bakare