Former Attorney-General of the Federation and Minister of Justice, Abubakar Malami, has rejected the bribery and corruption findings contained in the International Chamber of Commerce (ICC) award on the Mambilla Hydroelectric Power Project dispute.
The ruling represents a significant legal victory for Nigeria in a dispute that has stretched across successive administrations and has been linked to the stalled development of the multibillion-dollar Mambilla hydroelectric project in Taraba State.
June 17, (THEWILL) – The Third Prosecution Witness, PW3, Umar Babangida, in the trial of the former Minister of Power and Steel Development, Olu Agunloye, on Monday, told Justice J.O. Onwuegbuzie of the Federal Capital Territory High Court, Apo,...
January 26, (THEWILL) – Fifty-Two years after it was conceived by the Federal Government in 1972 as a 3,050MW hydroelectric facility to help realise the goal of 23,000MW installed capacity by 2023, the Mambilla Hydroelectric Power Project in Taraba...
The Nigerian Exchange Limited (NGX) closed the trading week on a positive note on Friday, as market capitalisation increased by ₦141 billion from ₦164.973 trillion at the opening to ₦165.114 trillion at the close of trading.