The Nigerian National Petroleum Company Limited and its Joint Venture partner in OML 85, First Exploration and Petroleum Development Company Limited have commenced oil production from the asset, also known as Madu Field. Production from the field which is located in shallow waters offshore Bayelsa State and operated by First E&P is expected to be…
An elder statesman and former governor of old Oyo State, Dr Omololu Olunloyo, has broken his silence about the rumour of his death, saying he is alive. Olunloyo who spoke with The PUNCH correspondent who visited his Molete residence in Ibadan, the state capital on Friday said he was hale and hearty. Earlier, the rumour…
Former Ivory Coast and Chelsea striker Didier Drogba said on Friday that the revamped FIFA Club World Cup provided a “great opportunity” for African teams to become world champions. Drogba was endorsing FIFA’s plans for the tournament next year which includes 32 teams playing in the United States.There’s already the (FIFA) World Cup, but the…
President Bola Tinubu has approved the appointment of seven persons to the Board of the Securities and Exchange Commission. The Presidency announced the appointment on Friday in a statement signed by Tinubu’s Special Adviser on Media and Publicity, Ajuri Ngelale, titled ‘President Tinubu appoints board of Securities and Exchange Commission.’ They include Mr Mairiga Katuka…
Ecobank Transnational Incorporated has repaid its $500 million five-year Eurobond, which was due today, April 18th. The bank stated this in a corporate filing with the Nigerian Exchange Limited, as obtainedThe Group Chief Financial Officer, ETI, Ayo Adepoju, said the bond represented ETI’s first Eurobond issuance in April 2019, noting that the repayment serves as…
The 98th National Executive Committee meeting of the Peoples Democratic Party is currently in progress at the NEC Hall of the party’s national secretariat, Wadata Plaza, Abuja. Present at the NEC meeting is the party’s acting National Chairman, Umar Damagum, who also chairs the meeting; a former Vice President and PDP 2023 presidential candidate, Atiku…
The candidate of the Labour Party in the forthcoming governorship election in Edo State, Olumide Akpata, has been invited by the state police command over alleged security breaches, involving shootings at the University of Benin last Friday. The command’s Public Relations Officer, Chidi Nwabuzor, on Thursday in Benin City said the invitation was served on…
The Economic and Financial Crimes Commission has declared a former governor of Kogi State, Yahaya Bello, wanted for offences relating to economic and financial crimes. This was contained in a notice posted on the commission’s official Facebook page on Thursday. The notice read, “The public is hereby notified that Yahaya Adoza Bello (former Governor of…
The Kogi State governorship candidate of the Peoples Democratic Party in the 2023 election, Senator Dino Melaye, engaged in a altercation with former Governor of Benue State, Samuel Ortom, at the PDP North Central Zone leadership meeting on Wednesday. In a post on his X handle on Thursday, Melaye stated that the confrontation stemmed from…
