« Back to Intelligence Feed
🇳🇬

Achimugu: Oceangate to appeal $13m asset forfeiture order

ABITECH Analysis · Nigeria energy Sentiment: 0.00 (unrated) · 26/03/2026
Foremost energy firm, Oceangate Engineering Oil & Gas Limited, has rejected the implications of a recent Federal High Court ruling, ordering the forfeiture of its assets, maintaining that the decision did not establish any wrongdoing against the company or its leadership.
The post Achimugu: Oceangate to appeal $13m asset forfeiture order appeared first on Vanguard News.

Sources: Vanguard Nigeria

More from Nigeria

🇳🇬 Power sector reforms have attracted $2bn investments – Adelabu

energy·26/03/2026

🇳🇬 Dangote refinery reduces petrol gantry price to N1,200 per litre

energy·26/03/2026

🇳🇬 Power sector reforms attract $2 billion investment, liabilities cut to N146bn – FG

energy·26/03/2026

More energy Intelligence

🇿🇦 Vaal Hydrogen Hub’s hollow promises

South Africa·26/03/2026

🌍 Algeria and Spain discuss increasing gas supplies to the European nation

Algeria·26/03/2026

🇳🇬 Nigeria's Power Sector Paradox: $2 Billion Investment Surge Clashes with Persistent Grid Collapse

Nigeria·26/03/2026
Get intelligence like this — free, weekly

AI-analyzed African market trends delivered to your inbox. No account needed.