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House Committee Halts NNPCL’s Future Crude Oil Mortgage Plans

The House of Representatives Special Joint Committee investigating impediments in the petroleum sector has directed the Nigerian National Petroleum Company Limited (NNPCL) to cease any plans to mortgage Nigeria’s future crude oil until its ongoing investigation is concluded. The committee, led by Ikenga Ugochinyere, the representative for Ideato South/Ideato North Federal Constituency, Imo State, initiated…

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Zelensky: U.S. Presidential Election Poses “Challenge” for Kyiv

President Volodymyr Zelensky has acknowledged that the upcoming U.S. presidential election poses a significant “challenge” for Ukraine, as he expressed in an interview with French media, including AFP. The United States, a crucial ally, has provided tens of billions of dollars in military assistance to Kyiv since Russia’s invasion of Ukraine began in February 2022….

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President Tinubu Offers Condolences for Onyeka Onwenu’s Death

President Bola Tinubu has extended his heartfelt condolences to the family of the late legendary singer, songwriter, actor, and politician, Onyeka Onwenu. Tinubu expressed his sympathy in a statement signed by his Special Adviser on Media and Publicity, Ajuri Ngelale, titled “President Tinubu Mourns Iconic Artiste, Onyeka Onwenu,” on Wednesday. In the statement, President Tinubu…

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MTN Nigeria Resumes Operations After Nationwide Shutdown

Nigeria’s leading telecommunications provider, MTN, has resumed operations nationwide following a temporary shutdown on Tuesday. The closure was prompted by widespread customer outrage and incidents of vandalism, resulting from the disconnection of subscribers who failed to link their SIM cards to their National Identification Numbers (NIN). MTN announced its return to operations on Wednesday via…

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Tinubu’s Naira Crude Oil Sale Approval to Affect Refining Costs

President Bola Tinubu’s recent approval for the sale of crude oil to Dangote Petroleum Refinery in naira is set to significantly impact the pricing of domestically refined petroleum products, according to industry experts and oil marketers. The move, announced by Tinubu on Monday, directs the Nigerian National Petroleum Company Limited (NNPC) to sell crude to…

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BREAKING: Lagos Lawyer Sues FG for ₦1bn Over ‘Hunger Protest’ Crackdown

A Lagos-based lawyer, Olukoya Ogungbeje, has filed a ₦1 billion Fundamental Right Enforcement suit against the Federal Government of Nigeria and several security agencies. This legal action follows an alleged move to stop the proposed ‘hunger protest’ scheduled from August 1 to 10, 2024. Ogungbeje named the Federal Government as the first respondent. The other…

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Venezuela Braces for New Protests After Deadly Election Clashes

Venezuela is on edge as new demonstrations are expected Tuesday, following violent clashes that left four people dead and dozens injured during protests against President Nicolas Maduro’s contentious claim of victory in the recent election. On Monday, security forces fired tear gas and rubber bullets at protesters who alleged the election was stolen. Demonstrators filled…

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