The Federal Government has renewed its legal battle against Pan Ocean Oil Corporation (Nigeria) Limited over alleged debt totaling $49,936,088.31 in oil royalties, concession rentals, and gas flaring penalties. The plaintiffs in the case—comprising the Minister of Petroleum Resources, the Ministry of Petroleum Resources, and the Federal Government of Nigeria—filed …
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Leading financial institution, Fidelity Bank Plc, has reentered the trillion-naira market capitalisation club, after its share price rose by 5.3%, climbing from ₦19.95 to ₦21.00 on May 13, 2025, according to data from the Nigerian Exchange Limited (NGX). This latest development also brings the total number of Nigerian companies with …
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In a post via Instagram, the celebrity blogger shared photos of himself while flaunting his US passport. He also revealed that he received a Lifetime Achievement Award from US President Joe Biden. “Congratulations to me!!! Not just a Citizen Oo! I also got recognition from the President of America. I …
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Gov. Monday Okpebholo of Edo State has urged the police authorities to arrest Neo Black Movement (NBM) president, Ese Kakor. The call followed allegations that Kakor forged documents falsely authorising him to assist schools in the Edo South Senatorial District. This is contained in a statement issued in Benin by …
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AVE (Advertising Value Equivalency) has been murdered countless times, but like a stubborn witch, it keeps rising from the dead. For those of us who are staunch opponents, AVE is the “zombie metric” that refuses to go away. It is a concept that has, unfortunately, become entrenched in the PR …
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President Bola Ahmed Tinubu has said that his administration is committed to rule of law and the independence of the country’s judiciary. The President, at a book launch in Abuja, in honour of the immediate past Chief Justice of Nigeria, Justice Olukayode Ariwoola, said legislative efforts are being made to …
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Electricity supply to Sokoto state and Birnin Kebbi has been disrupted following the collapse of three transmission towers near Yauri town in Kebbi state. In a statement on Monday, Abdulazeez Abdullahi, head of corporate communication at Kaduna Electricity Distribution Company (KADEDO), said the incident has significantly affected power flow to …
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The federal executive council (FEC) has approved the establishment of MediPool, a purchasing organisation. Pate said the organisation will offer competitive pricing and supply essential medicines and healthcare products across Nigeria. He said MediPool will function as a public-private partnership, leveraging the federal government’s significant purchasing power to negotiate better …
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An Area Court in Jos, on Tuesday, sentenced Yilji Nensenka, a security guard to 12 months imprisonment for stealing his employer’s generator and car battery. The judge, Shawomi Bokkos, sentenced the convict after he pleaded guilty to the offence. The judge however gave the convict an option of fine of …
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Adesola Adeyinka, the CEO of Vale Finance Limited, Vale Blue Limited and Coral Stone Limited, is currently facing prosecution for alleged fraud. The scheduled arraignment of Adeyinka and his company, Vale Finance was delayed due to his failure to appear in court. Justice Yetunde Adesanya of the Lagos State High …
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