Thursday, 19th December 2024
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Shell asset sale

6 hours ago
Nigeria’s oil minister, Senator Heineken Lokpobiri, has approved the $2.4 billion sale of Shell's onshore and shallow-water assets to Renaissance Group. The transaction was initially announced in January but faced regulatory hurdles. The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) previously blocked the deal in October, citing Renaissance’s inability to demonstrate adequate operational capacity for assets…

Latest

17 mins ago
In the spirit of the festive season and to mark their 10th anniversary and expansion into Lagos, Banke Adeniran, CEO and Creative Director at Oludidit, one of Nigeria’s leading brands for innovative gifts, stationery, and lifestyle products, cordially invites you to their much-anticipated Christmas Shopping Party! Happening on Friday, December 20th, and Saturday, December 21st,…
49 mins ago
Founder of Grace Social Media Agency, Samuel Ijaola Oladayo has said many content creators fail to fully monetise their craft due to policy violations, reliance on comedy, or inappropriate content. Ijaola, who has worked with creators like Mark Angel, Emmanuella, and Zfancy, shared insights into the challenges of social media monetisation and how creators can…
1 hour ago
Wolverhampton Wanderers have appointed Vitor Pereira as their new head coach, the Premier League strugglers announced Thursday. The 56-year-old, who has won league titles in Portugal, Greece and China, has left Saudi Pro League club Al Shabab to join Wolves on an 18-month contract after the Midlands side, battling to avoid relegation, sacked Gary O'Neil.…
1 hour ago
President Bola Ahmed Tinubu has been called upon to reverse the decision to approve the divestment of international oil companies (IOCs) allegedly to the Renaissance Consortium. Representatives of Nigerian society organisations, community leaders and concerned citizens, in a petition to the National Assembly, maintained that the measure constitutes a threat not only to the people…
1 hour ago
The Oyo State Police Command on Thursday disclosed that eight persons have been arrested in connection with the Christmas funfair stampede that occurred in Ibadan on Wednesday. Those arrested included Prophetess Naomi Silekunola, 31, the primary sponsor of the event, along with Fasasi Abdulahi, the Principal of Islamic High School; Genesis Christopher; Tanimowo Moruf; Anisolaja…
1 hour ago
A group of leaders from the Northern region, under the auspices of the League of Northern Democrats (LND), has charged the Federal Government
2 hours ago
Iconic shipbuilder Harland and Wolff, famed for constructing the doomed Titanic, has struck a deal for its shipyards to be bought by Spanish peer Navantia, the UK government announced Thursday. The proposed deal maintains Navantia UK's contract to build three Royal Navy ships used to deliver supplies to British aircraft carriers. It will also secure…
2 hours ago
With a volatile global oil market in 2024 tied to geopolitical tensions and other local challenges such as oil theft and pipeline vandalism amid the pressure to up oil production levels, the NNPC Ltd. under the leadership of Mallam Mele Kyari has effectively navigated the challenges with many milestone achievements to show. The state-owned oil…
2 hours ago
A Paris court on Thursday sentenced a brother of France midfielder Paul Pogba to a three-year prison term, with two years suspended, after convicting him in a high-profile extortion case. Mathias Pogba will be able to serve his one-year sentence with an electronic bracelet rather than behind bars. The court also fined Paul Pogba's brother…
2 hours ago
Ekiti State Governor, Biodun Oyebanji, has urged friends, associates and the general public not to organise any birthday party or newspaper advertisement in commemoration of his 57th birthday billed for December 21, 2024. Oyebanji, through his spokesperson Yinka Oyebode, disclosed this in a statement on Thursday. The governor said instead of advertisement placements, gifts or…