This is a significant milestone for Oando’s long-term strategy to expand its upstream operations and strengthen its position in the Nigerian oil and gas sector. Oando PLC has completed a $783 million acquisition of Nigerian Nigerian Agip Oil Company (NAOC), a subsidiary of Italian energy company, Eni. The company made this known in a statement…
The EFCC said Bello has become a fugitive but the instruments of the law will eventually catch up with him anywhere he’s sighted. The Economic and Financial Crimes Commission (EFCC) says it’s collaborating with local and international organisations to ensure the arrest of former Kogi State Governor, Yahaya Bello. Bello was declared wanted by the…
The President thanks Justice Ariwoola and wishes him the very best for the future. President Bola Tinubu on Thursday congratulated Justice Olukayode Ariwoola, as he retires as Chief Justice of Nigeria after a successful public service career. In a statement by his spokesman, Chief Ajuri Ngelale, the President said Ariwoola had served as Justice of…
The legal battle intensifies now as the Agada-led faction seeks to hold the APC’s national leadership accountable for its actions, setting the stage for a protracted political confrontation within the party. The crisis within the Benue State chapter of the All Progressives Congress (APC) has escalated as the dissolved state executive committee, led by Hon…
The warning is also in response to reports of 12 miners allegedly killed by bandits in the Ungwan-Magro community of Shiroro Local Government Area in Niger State. The Federal Government has warned foreign nationals associated with funding banditry that they would be prosecuted for economic sabotage and for waging war against the Nigerian state. The…
Counterfeiting involves producing imitations of coins and banknotes or making alterations to genuine currencies to raise their denominational values. Access to emerging technology has enhanced measures used by fraudulent individuals to counterfeit bank notes and other financial instruments across the globe. The term “counterfeiting” as related to cash involves producing imitations of coins and banknotes…
Osifo also attributed the insufficient supply of fuel across the filling stations in the country to bad roads and flooding, leading to scarcity. Festus Osifo, President, Petroleum and Natural Gas Senior Association of Nigeria (PENGASSAN), has identified reasons for persistent queues in filling stations across the country. Speaking at the ongoing 2024 PENGASSAN Energy and…
Osiyemi explained that motorists on the lane inbound Alexander Avenue from Falomo Roundabout, will not be affected by the diversion. The Lagos State Government will divert vehicular traffic from Bourdillon Road, Ikoyi, for two days for construction work on the corridor. The Commissioner for Transportation, Oluwaseun Osiyemi, said this in a statement on Thursday in…
The first lady commended the beneficiaries and charged them to put the grants to good use to boost their businesses and support their families. The First Lady, Senator Oluremi Tinubu on Thursday inaugurated the disbursement of ₦1.85 billion capitalisation empowerment support for 37,000 women petty traders across Nigeria. Speaking at the event in Asaba, Delta,…
The petition calls on OFAC to urgently investigate the involvement of Kyari, other NNPCL staff, and associated entities, including Matrix Energy and Poly Pro Trading DMCC. A coalition of concerned Nigerian citizens has petitioned the United States government to investigate and impose sanctions on the Nigerian National Petroleum Company Limited (NNPCL) and its CEO, Mele…
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