01/24/2025 January 24, 2025 This month, the US said it is returning $52.88 million in seized assets to Nigeria as part of a corruption probe against former oil minister Diezani Alison-Madueke and ...

Additionally, $52.8 million linked to former Petroleum Minister Diezani Alison-Madueke was repatriated from the U.S. However, questions linger about whether these funds will be transparently utilised.

Mrs. Diezani Alison-Madueke, to The Economic and Financial Crimes Commission (EFCC) on Wednesday, charged a former Minister of Petroleum Resources, Diezani Allison-Madueke, and three others with ...

Gulf countries invested over $100bn in Africa between 2012 and 2022, leveraging the continent’s opportunities to diversify their oil-dependent economies. Nearly half of those investments came from the ...