By Kennedy Senelwa Britain’s Serious Fraud Office (SFO) has launched investigations into oil firms operating in Somalia over corruption allegations. The SFO is investigating Soma Oil & Gas Holdings Ltd, Soma Oil & Gas Exploration Ltd, and Soma Management Ltd over payment of about $ 600,000 to the Somalia Ministry of Petroleum and Mineral Resources […]
Tag Archives: Firms
By Emeka Anuforo DISTURBED by allegations of financial crisis plaguing the electricity sector, the Nigerian Electricity Regulatory Commission ( NERC) has commenced audit of the distribution companies ( Discos). The process, according to a deliable source, commenced with the Enugu Electricity Distribution Company and the Benin Electricity Distribution Company. Relatedly, the Commission has appointed a […]
