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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Bruce Burrows appointed as Aiteo’s Chief Finance Officer

Aiteo has announced the appointment of Mr. Bruce Burrows as Global Group Chief Financial Officer (CFO) with effect from November 18, 2017. Aiteo, in a statement said Burrows would report to the executive vice-chairman, Global Group Aiteo. The company stated that Burrows brings a wealth of experience from different parts of the world in the […]

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Crude Swap: NNPC reaches agreement with Taleveras, 2 others

The Nigerian National Petroleum Corporation (NNPC), yesterday said it has reached a settlement agreement with Taleveras Group of companies and two other companies involved in the $184 million crude oil swap. The others are AITEO Energy Resource Limited and Ontario Oil. NNPC commended Taleveras and other companies involved in the crude swap for reconciling their […]

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