Benedict Peters Nigeria Aiteo founder

EFCC removes Aiteo chair, Benedict Peters from list of wanted persons

The Economic and Financial Crimes Commission (EFCC), has conformed with the order of Nigeria’s High Court, directing the removal of the name of the Executive Vice Chairman of Aiteo Group, Benedict Peters, from its list of wanted persons. This action confirms EFCC’s compliance with the judgment handed down in March 2018, by Justice O.A. Musa […]

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Reps gives 10 oil companies 2-week ultimatum to remit $250 million oil royalty

The House of Representatives Committee on Oil and Gas, yesterday gave 10 indigenous oil companies a two week ultimatum to remit $250 million oil royalty to the coffers of the Federal Government or be ready to face the full wrath of the law. Some of the companies alleged to have been involved in the infraction […]

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