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Subsidy Probe: Erring companies, officials may face EFCC, ICPC

FIFTY companies that submitted papers but refused to appear before the Hon Farouk Lawan led investigative Panel on Fuel Subsidy Management and those that out rightly ignored the invitation of the panel may be the first to face the firing line of anti-graft agencies on their level of culpability in the fuel subsidy regime.

Ecobank repositions to capture diaspora market

African immigrants living and working outside their home countries have been on the increase annually. The 2008 World Bank estimate of remittances made by Africans in Diaspora was put at over $380billion, and still rising. Therefore, there is need for a banking institution to position itself as the institution for people to do their desired financial transactions wherever they may be world over.

Subsidy probe: Integrated Oil rejects N13bn refund

Chairman of the Integrated Oil and Gas Ltd., Capt. Emmanuel Ihenacho, has rejected the report presented by the Hon Farouk Lawan-led, House ad hoc committee on the subsidy regime management of the oil subsidy.

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