Court orders arrest of Oando’s oil rigs over N4.7 billion debt

Court orders arrest of Oando’s oil rigs over N4.7 billion debt

A Federal High Court sitting in Port Harcourt, Rivers State has ordered the arrest and detention of three crude oil drilling rigs belonging to Oando Energy Services Limited (also known as OES Energy Services Limited) over debts of US$15,399,524.84 (equivalent...
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‘Port Harcourt Seaports critical to Nigeria’s economic development’

‘Port Harcourt Seaports critical to Nigeria’s economic development’

The President of Port Harcourt Chamber of Commerce (PHCCIMA)Dr. Emi Membere-Otaji has appealed to the Federal Government and all relevant stakeholders to give adequate attention to re- inventing Port Harcourt seaports as part of measures to sustain economic gr...
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