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  FBN Capital Limited (“FBN Capital”) announces it has facilitated in the closing of an up to $445 million Syndicated Medium Term Facility with Accugas Limited (“Accugas”). Accugas, a wholly owned subsidiary of Seven Energy International Ltd (“Seven Energy”), is the gas processing, marketing and distribution arm of the Seven Energy Group. The signed Syndicated […]

Chief Gani Adams, the National Coordinator of Oodua Peoples Congress ( OPC) a group with base in the western part of Nigeria, has said he is not part of the planned massive protest against the withdrawal of a contract for the protection of pipelines belonging to the Nigerian National Petroleum Corporation (NNPC). Former President Goodluck […]

The All Progressives Congress (APC) has renewed its call on the Federal Government to probe the whereabouts of the dividends paid to the Nigerian National Petroleum Corporation (NNPC) by the Nigerian Liquefied Natural Gas (NLNG) as well as the taxes paid to the Federal Inland Revenue Service Federation Account prior to the latest payment in […]

France Ambassador to Nigeria, Mr. Denys Gauer, and the South Africa Consul-General, Ambassador Mokgethi Monaisa, on Wednesday paid separate courtesy visits to the Lagos State Governor, Mr. Akinwunmi Ambode, with the duo indicating the interest of their countries to increase their economic presence in the State. Gauer, who was joined by the Consulate General of […]

Delta State Governor, Ifeanyi Okowa has dissolved board of the State Oil Producing Areas Development Commission (DESOPPADEC). The dissolution was announced on Tuesday in a statement signed by the Secretary to the State Government, Mr Festus Agas.   The dissolution take effect immediately.   Board members of the dissolved commission were directed to handover all […]

The former governor of Lagos State and national leader of the All Progressives Congress (APC), Ahmed Bola Tinubu has said that no matter the rumours making the rounds, he remains on good terms with, and loyal to the course of President Muhammadu Buhari. Tinubu made the revelation on Tuesday while speaking with journalists at the […]

Over six weeks after President Muhammadu Buhari took office on May 29, the murderous Islamist Boko Haram sect has killed an estimated 640 people in a renewed orgy of violence. From the killing fields in Adamawa, Borno, and Yobe states, the terrorists have widened their areas of operation and changed tactics from pitched confrontation with […]

Justice Gabriel Kolawole of the Federal High Court, Abuja, on Monday fixed the trial of a former Head of Service (HoS) Stephen Oronsaye, and two others who were brought before it by the Economic and Financial Crimes Commission (EFCC) on a 24-count charge bordering on stealing and obtaining money by false pretence for 28th and […]

President Muhammadu Buhari said Monday in Abuja that his administration would handle the issue of subsidies on petroleum products with care. Speaking after receiving a briefing from the Ministry of Petroleum Resources, the Nigerian National Petroleum Corporation (NNPC) and other agencies in the oil sector, President Buhari said that he would carefully review all the […]

The legal tussle at the Delta State Election Tribunal is gradually gathering momentum as Chief Thompson Okpoko (SAN) and his legal team tackles three other Senior Advocates of Nigeria led by Alex Iziyon (SAN), employed by the Peoples Democratic Party (PDP) and Gov. Ifeanyi Okowa of Delta State. The game plan of the Okowa legal […]

96 Normal 0 false false false EN-US JA X-NONE /* Style Definitions */ table.MsoNormalTable {mso-style-name:”Table Normal”; mso-tstyle-rowband-size:0; mso-tstyle-colband-size:0; mso-style-noshow:yes; mso-style-priority:99; mso-style-parent:””; mso-padding-alt:0in 5.4pt 0in 5.4pt; mso-para-margin:0in; mso-para-margin-bottom:.0001pt; mso-pagination:widow-orphan; font-size:10.0pt; font-family:Calibri;} The Presidency on Monday afternoon named a list of replacements for the sacked service chiefs who were relieved of their duties with immediate effect same […]Read More

President Muhammadu Buhari on Monday afternoon sacked the Nigerian Chief of Defence Staff, Alex Badeh, the Chief of Army staff, the Chief of Naval Staff and the Chief of the Air Staff. Their sack is with immediate effect. Though the affected service chiefs have been replaced, government officials said their identities would be made known […]