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    • LAGOS - JUNE 10: (L-R) Amaju Pinnick, President, Nigeria Football Federation (NFF); Chibuzor Azubuike a.k.a Phyno, Artiste and Francis Peters, Deputy Managing Director, Aiteo Group, the Optimum Partners of the Super Eagles, at the presentation of the official theme song of the Super Eagles Russia 2018 World Cup campaign by Aiteo to the NFF in Lagos
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Source: Aiteo Group |

Energy Giant, Aiteo, Sponsors Hit Theme Song for Nigeria’s 2018 World Cup Campaign

This is also as they pledged to donate $50,000 to the team ‘for every unreturned goal’ scored at the Mundial

Aiteo Group (www.AiteoGroup.com), the Official Optimum Partner of the Nigeria Football Federation (NFF), last Saturday premiered to industry applause, an official theme song to mentally boost the Super Eagles of Nigeria to go for glory at the Russia 2018 World Cup. This is also as they pledged to donate $50,000…

Source: Aiteo Group |

Aiteo Not behind Nigerian Protests over Illegal Bunkering in the Niger-Delta

It appears that on June 1, 2018, hundreds of youths connected to the Niger Delta region organised a World Press Conference at Abuja within which one of the central themes was to draw attention to the activities of Rear Admiral Apochi Suleiman in his role as the OPDS

Aiteo Eastern Exploration and Production Company strongly disputes the claim made by the Commander of Operation Delta Safe (OPDS), Rear Admiral Apochi Suleiman on or about June 1, 2018 citing the company and its Chief Executive Benedict Peters as the masterminds behind the serious allegations levied against him by the…

Aiteo Group
Source: Aiteo Group |

Benedict Peters Responds to EFCC Ruling

Abuja High Court rules EFCC acted illegally and unconstitutionally

The Federal High Court of Nigeria has ruled that the Economic and Financial Crimes Commission (EFCC) cannot declare any person as ‘wanted’ without first obtaining a Court order or charging them with an offence. The Court ruled that by declaring Benedict Peters ‘wanted’ the EFCC had acted illegally and unconstitutionally,…

Aiteo Group
Source: Aiteo Group |

Why Africa’s young people are the real winners at the Confederation of African Football (CAF) Awards

By Benedict Peters, Executive vice president of the Aiteo Group

Why Africa’s young people are the real winners at the Confederation of African Football (CAF) Awards by Benedict Peters, Executive vice president of the Aiteo Group Almost nowhere on earth is football followed as passionately as in Africa. It is loved by Africans from all walks of life across the…

Source: Aiteo Group |

Nigerian High Court Grants Aiteo’s Benedict Peters Global Judgment in Rem - Declares Earnings as Legitimate

There was no evidence to support the suggestion that any aspect of his business showed any criminal conduct and as such, the allegations were baseless

The High Court sitting in the Federal Capital Territory, Nigeria has declared that earnings and assets accruing to Oil magnate and Aiteo Energy (www.AiteoGroup.com) boss, Benedict Peters were acquired legally through legitimate sources. This follows a similar ruling squashing multiple money laundering charges and bribery of election officials indictment against Mr.…

Source: Aiteo Group |

Aiteo Group and Benedict Peters Announce Appointment of Nigerian Legal Team

Further to his recent announcement engaging international law firms to lead the global effort to address legal and political-based issues, the Aiteo Group (www.AiteoGroup.com) and Benedict Peters, its Executive Vice Chairman have appointed top Nigerian lawyers to complement their international representation efforts within the country.  The team, led by Chief…

Source: Aiteo Group |

OML 29 is not for sale

For the record, OML 29 was indisputably, legitimately and transparently secured in an internationally conducted divestment by the private entity, Shell

It has come to our notice that some fraudsters running a reports-for-cash syndicate, about whom we raised alarm so very recently, are suggesting that a portion of the shareholding of the company that holds the asset, OML 29 had been put up for sale to repay a loan. For the…

Aiteo Group
Source: Aiteo Group |

Benedict Peters, Aiteo Executive Vice Chairman, Assembles Legal Team to Address Unfounded Allegations

UK-based Mishcon de Reya is one of the world’s leading legal practices with a particular proficiency in handling contentious international disputes

Benedict Peters, Executive Vice Chairman of Aiteo Group (www.AiteoGroup.com), has instructed London law firm Mishcon de Reya and Washington’s Covington & Burling to lead ongoing efforts to address politically-motivated issues. Aiteo Group, founded in 1999, is a leading indigenous Nigerian oil producer headquartered in Lagos. UK-based Mishcon de Reya is…

Source: Aiteo Group |

Sustained Calumny: Aiteo sets the Records Straight

The publication contains several untrue and malicious allegations against our Executive Vice Chairman and the Aiteo Group

We have become aware of a defamatory publication by an online newspaper, known for publishing stories with spurious details. This publication alleges without any foundation whatsoever, that our Executive Vice Chairman (EVC), Mr Benedict Peters, bought property in England and luxury furnishings for the former Minister of Petroleum Resources, Mrs…

Aiteo Group
Source: Aiteo Group |

Aiteo Strengthens Group with the Appointment of International Advisor

Mr Knezevic will lead Aiteo’s funds raising activities from global capital markets with the primary objective of reinforcing the Group’s growth and diversification targets in Nigeria and across Africa as a whole

Aiteo Group (http://AiteoGroup.com) announces the appointment of Mr. Ratko M. Knezevic to its Global Executive Management team as Group Advisor on Business and Capital Development with effect from 5 May 2017. Mr Knezevic will lead Aiteo’s funds raising activities from global capital markets with the primary objective of reinforcing the…