Asaramatoru Oil Field
19 Nov
A Federal High Court sitting in Lagos has granted an interlocutory injunction seeking to commence the process of winding down the operations of Prime Exploration and Production Limited. The order is sequel to a petition brought by Well Fluids Limited over issues believed to be related to a long outstanding unpaid debt. In a response…
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5 mins ago
Poland said that it would not send its soldiers to Ukraine, but would support the countries that do so, Polish Prime Minister Donald Tusk said on Monday. “There are a lot of speculations and speculations about whether there will be a conversation in Paris about who, when, and whether they are ready to send their…
12 mins ago
Argentine President Javier Milei is facing impeachment threats and legal action after his social media endorsement of a cryptocurrency led to massive investment losses by Argentina citizens. On Friday, Milei promoted the $LIBRA cryptocurrency on X, claiming it would help fund small businesses. His endorsement caused a sharp rise in the coin’s value, but…
18 mins ago
The Minister of Information and National Orientation, Alhaji Mohammed Idris, has called for a more liberal visa regime for Nigerian companies seeking to establish businesses in foreign countries. The minister made the call in Addis Ababa, Ethiopia, when he represented President Bola Tinubu at a meeting with executive members of the Nigerian community in Ethiopia.…
18 mins ago
The African Union (AU) has endorsed Nigeria as the Digital Trade Champion for the continent under the Africa Continental Free Trade Area (AfCFTA) Digital Trade protocol, following the impressive record of the Federal Government in promoting digital enterprise and innovation. The 38th Ordinary Session of the Assembly of Heads of State and Government, which concluded…
28 mins ago
Nigerian Education Loan Fund (NELFUND) says it will close the 2023/2024 student loan application cycle on Feb. 21. Managing Director of NELFUND, Akintunde Sawyerr, who disclosed this at a news conference in Abuja on Monday, said the 2024/2025 application cycle would commence on Feb. 22. Sawyerr said that the transition to the 2024/2025 cycle was…
37 mins ago
A 32-year-old staff member of Micronova Pharmaceutical industries , Yusuf Abdulazeez, was arraigned on Monday for allegedly defrauding his employer of N13.5 million. Abdulazeez is standing trial before an Ikeja Magistrates’ Court in Lagos on a two-count charge of stealing and obtaining under false pretense to which he pleaded not guilty. The prosecutor, SP Josephine…
59 mins ago
The Air Component of Operation FASAN YANMA, has eliminated several bandits in a successful airstrike at Yauni Hill, Zakka Ward of Safana Local Government Area, Katsina State. This is contained in a statement by the Director, Public Relations and Information, Nigerian Air Force (NAF), AVM Olusola Akinboyewa, on Monday in Abuja. Akinboyewa said the Saturday…
1 hour ago
The Abuja Electricity Distribution Company says electricity consumers in the Federal Capital Territory (FCT ) will begin to enjoy full power supply from Feb 23. The company said this in a statement on its X handle in Abuja on Monday. It said the ongoing restoration efforts by the Transmission Company of Nigeria (TCN) on the…
1 hour ago
An elder statesman and a retired university lecturer who majored in Mathematics, Professor Peter Lassa, has stressed the need for a new constitution in the country, as all Nigerian Constitutions, including the present one, are ambiguous. Lassa added that these ambiguities pose problems for the average educated person, who may not be learned in law,…
1 hour ago
Osun State governor, Ademola Adeleke, has directed all residents, including politicians across party lines, to stay away from local government secretariats to prevent further violence and safeguard public property. Adeleke disclosed that he has directed security agencies to take charge of all local government secretariats. Adeleke's directive comes in response to an alleged illegal attempt…