PPMC Says 2 Companies Lifted $24bn Crude Without Contracts
The Pipelines and Product Marketing Company (PPMC), has said that two companies, Trafigura and Duke Oil, lifted $24 billion worth of crude oil out of the country before formal contracts…
Cameroon Accuses MTN & Others Of Owing Over $166 million In Taxes
The corruption board of Cameroon has claimed that MTN and France’s Orange Telecoms owes it nearly 100 billion CFA francs ($166 million) in taxes, including on games. According the reports…
Again, Skye Bank Plans To Raise Fresh Capital
Skye Bank has revealed that it is seeking to raise fresh capital in the first quarter of 2016 in a bid to shore up its capital base. This was disclosed…
Former Morgan Stanley Banker Obtains License For His Airline Startup In Nigeria
Green Africa Airways, a new airline start‐up founded in Lagos, has been granted an air transport license by the Nigerian Civil Aviation Authority. According to the founder and CEO of…
This Legislator Thinks 2016 Budget Is The Best In History
The 2016 Federal Budget has its many flaws which has been reported widely on social media, blogs and in the press. However, the people whose analysis matter the most are…
5 Things You Need To Know About Raising Money From Crowdfunding
I like to think of crowdfunding as a social form of IPO (initial public offering). In the traditional IPO, you take a business to the public in order to raise…
FTC Chairwoman Raises Concerns Over the Internet of Things
When the consumer electronics industry gathered for the International Consumer Electronics Show in Vegas two weeks ago, the mood was generally celebratory and the Internet of Things — that interconnected…
‘Drone Slayer’ Slays Drone, Gets Sued
It doesn’t quite have the same ring as Jaime Lannister’s ‘Kingslayer,’ but William Merideth’s moniker is just as well-earned. Last July, the self-described ‘Drone Slayer’ took his Benelli M1 Super…
Obama’s Life Advice to a Law Student
President Obama recently fielded questions from audience members at his town-hall-meeting in Baton Rouge, Louisiana, including one question from an enthusiastic Tulane 2L: How can I and my friends be…
Boards Can No Longer Ignore Cybersecurity Issues
What level of responsibility does a board owe to a company with regard to the threat of cyberattacks? According to CIO, a very high level of responsibility. And if anything,…