Latest News for: Offshore nigeria

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Four Companies Threaten to Sue NPA Over Award of Boat Service Contract

This Day 13 Oct 2021
Aikawa, granted the injunction in the suit number FHC/L/CS/1058/2020 based on an application filed by INTELS Nigeria Limited and Deep Offshore Service Nigeria Limited against NPA. INTELS and Deep Offshore had requested the court to restrain NPA from preventing them from performing ...
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Pacific Silverline, Isasha Investment, two others threaten to sue NPA over boat service contract

Business Day Online 12 Oct 2021
Aikawa, granted the injunction in the suit number FHC/L/CS/1058/2020 based on an application filed by INTELS Nigeria Limited and Deep Offshore Service Nigeria Limited against NPA. INTELS and Deep Offshore had requested the court to restrain NPA from preventing them from performing ...
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Four companies threaten to sue NPA over boat service contract

Business Day Online 12 Oct 2021
Aikawa, granted the injunction in the suit number FHC/L/CS/1058/2020 based on an application filed by INTELS Nigeria Limited and Deep Offshore Service Nigeria Limited against NPA. INTELS and Deep Offshore had requested the court to restrain NPA from preventing them from performing ...
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Leaked Pandora papers: Stop crooks setting up firms to hide wealth in tax havens – ...

Business Day Online 10 Oct 2021
Ene Obi, country director, ActionAid Nigeria, noted that “From Nigeria alone, it is estimated that in the last 3 decades, 179 million pounds was carted out of the country to offshore accounts ... but it represents the much-needed capital that Nigeria lost to offshore accounts.
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Pandora papers: Poor countries disproportionately harmed – tax expert

Business Day Online 07 Oct 2021
He particularly observed that poor countries like Nigeria are unduly harmed and short-changed when wealth are stashed offshore as this starves treasuries of funds to build roads, schools and hospitals ... The investigators say the huge funds, warehoused offshore, is part of billions ...
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Pandora Papers: Why do Rich People hide money offshore?

Business Day Online 07 Oct 2021
One reason for keeping assets offshore according to Oyedele is for tax planning purposes and to avoid double taxation ... The favorable tax rates in an offshore country are designed to promote a healthy investment environment that attracts outside wealth coupled with laws that protect confidentiality.
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Nigeria: Where Is the Old Sorcerer?

All Africa 07 Oct 2021
Even when I have not 'done well' enough to feature in any of the 'Macaroni Papers' that constantly ...
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It’s Not About the ‘Climate’ Stupid

Principia Scientific 07 Oct 2021
Oil from Nigeria, Russia, Mexico, Iraq, Kuwait, no nukes, offshoring jobs to coal-based energy nations, encouraging illegal immigration and the welfare state voters who vote to support the establishment dirtying the planet rather than encouraging work and higher wages – and the ...
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Pandora Papers: The secret trove that illuminates the lives of billionaires

Independent online (SA) 06 Oct 2021
While cash may be the traditional means of providing untraceable gifts to politicians, the very wealthy often turn instead to the offshore world to produce an alternative currency ... Omokore similarly arranged for offshore companies to purchase valuable properties, according to the Pandora Papers and court filings in Nigeria and the United States.
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Dangote, Nestle, others lift stock market first time in 8 months

Business Day Online 06 Oct 2021
Nigeria stocks gain N247bn as investors take advantage of lower prices ... Nigeria has fallen out of favour with the offshore community largely because of the fx liquidity constraints which has led to a pipeline of delayed external payments and taken a toll on foreign equity investors.
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UK to deploy patrol vessel to Nigeria, others to support maritime security

Business Day Online 05 Oct 2021
The river-class patrol ship will visit Nigeria, Ghana, Senegal, Gambia and Cape Verde, and will take part in French-led multinational training exercises that will bring together international partners in the region, known as Exercise Grand African Nemo ... Offshore security threats weighing on Nigeria’s oil fortunes.
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We solicit collective efforts of Nigerians in fight against insurgency, banditry – Service Chiefs

Business Day Online 03 Oct 2021
Lekki is a stretch that holds a lot of investments critical to the economic wellbeing of Nigeria. The Petrol that is consumed in Nigeria lands in the Lagos Offshore, and it is from there that it is transported to other towns and distributed for consumption across the length and breadth of Nigeria.
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Oil Price Fundamental Daily Forecast – Higher Until OPEC+ Ups Production, or the Saudis Cover ...

FX Empire 28 Sep 2021
supply by shutting most offshore production for weeks, but now the industry is expecting reduced output from OPEC members Nigeria and Angola that could extend into at least next year ... Top African oil exporters Nigeria and Angola will struggle to boost output to their OPEC quota ...
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Oil climbs for sixth day on supply concerns, Brent tops $80

The Times of India 28 Sep 2021
Gulf of Mexico in August and September, damaged platforms, pipelines and processing hubs, shutting most offshore production for weeks. Also weighing on supply, top African oil exporters Nigeria and Angola will struggle to boost output to their quotas set by the Organization of the ...
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Oil climbs a sixth day on supply concerns, Brent rises over $80

Gulf Daily News 28 Sep 2021
Hurricanes Ida and Nicholas, which swept through the US Gulf of Mexico in August and September, damaged platforms, pipelines and processing hubs, shutting most offshore production for weeks. Also weighing on supply, top African oil exporters Nigeria and Angola will struggle to ...
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