Simbi Wabote, the former Executive Secretary of the Nigerian Content Development and Monitoring Board (NCDMB), has denied reports that he was arrested by the Economic and Financial Crimes Commission (EFCC). On Wednesday, reports emerged claiming that Wabote had been arrested in connection with NCDMB’s investments in a modular refinery project by Atlantic International Refinery and … Read more
The Economic and Financial Crimes Commission (EFCC) has arrested Timber Kesiye Wabote, former Executive Secretary of the Nigerian Content Development and Monitoring Board (NCDMB), over allegations of misappropriating $35 million linked to the stalled Brass Project in Bayelsa State. The investigation links Wabote to a misuse of public funds intended for a large-scale refinery and … Read more
Alhaji Aliko Dangote, President and CEO of the Dangote Group, has expressed regret over not purchasing Arsenal Football Club when he had the chance. Dangote revealed that he had considered buying the English club when it was valued at around $2 billion. In an interview with Bloomberg’s Francine Lacqua in New York, the billionaire businessman … Read more