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$11bn fraud case spotlights Nigeria's resource governance woes - Vimarsana News

$11bn fraud case spotlights Nigeria's resource governance woes

A long-running legal dispute provides a cautionary tale about the behaviour of multinational firms in so-called developing countries and the need for better governance standards across jurisdictions.

EFCC to arraign Shasore, former Lagos AG, over alleged money laundering - Vimarsana News

EFCC to arraign Shasore, former Lagos AG, over alleged money laundering

The EFCC has filed money laundering charges against Supo Shasore, former attorney-general (AG) and commissioner for justice in Lagos state.

Court Grants Nigeria's Second § 1782 Application for Discovery in Foreign Proceeding in Dispute Over $10B Arbitration Award Related to Gas Supply Agreement | Carlton Fields - Vimarsana News

Court Grants Nigeria's Second § 1782 Application for Discovery in Foreign Proceeding in Dispute Over $10B Arbitration Award Related to Gas Supply Agreement | Carlton Fields

The U.S. District Court for the Southern District of New York granted the 28 U.S.C. § 1782 application of the Federal Republic of Nigeria to issue subpoenas on four U.S. entities and...

Newspaper Headlines: Public debt, budget deficit hinder Nigeria's fiscal sustainability, says CBN - Vimarsana News

Newspaper Headlines: Public debt, budget deficit hinder Nigeria's fiscal sustainability, says CBN

The rise in the country's inflation rate to 19.6 percent dominated the cover pages of Nigerian newspapers.

Reducing threat of vulture fund - Vimarsana News

Reducing threat of vulture fund

In the wake of the Russia-Ukraine war, economists fear a series of crises are on the horizon. Only recently, the World Bank estimated that low- and middle-income eco...