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How Abuja High Court sentenced Nnamdi Kanu to life imprisonment
Justice James Omotosho of the Federal High Court, Abuja, finally handed down life jail to the leader of the Indigenous People of Biafra (IPOB), Mazi Nnamdi Kanu, after convicting him on terrorism charges. Th sentence came within hours after prosecution…
DSS demands death sentence for Nnamdi Kanu
Following conviction of Mazi Nnamdi Kanu on all charges brough against him, the prosecution lawyer is calling for death sentence for the embattled leader of Indigenous Peoples of Biafra (IPOB). The government lawyers also call for continued detention of Nnamdi…
After giving up stake in Bonga, TOTALEnergies leads Conoil in OPL 257
Sopuruchi Onwuka After cashing out its 12.5 non-operating stake in the Shell operated oil mining lease (OML) 118 for $510 million in September, TotalEnergies is working to increase its stake in Oil Prospecting Lease (OPL) 257 to 40 percent to…
Abuja court convicts Nnamdi Kanu on terrorism charge
Leader of the Indigenous Peoples of Biafra (IPOB) has been convicted of terrorism based on the prevailing charges pressed against him by the government. Early reports from the Federal High Court sitting in Abuja has it that the judgement is…
WIEN commends Midwestern Oil and Gas Company Limited on appointment of 1st female CEO
Africa’s leading gender equity advocate in the energy sector, the Women in Energy Network (WIEN), has expressed excitement at the appointment of Mrs. Elozino Olaniyan as the Managing Director and Chief Executive Officer of Midwestern Oil and Gas Company Limited….
NUPRC pledges transparent, accountable 2025 Bid Round
Sopuruchi Onwuka The Nigerian Upstream Regulatory Commission says next year’s oil block licensing round will serve as a benchmark for transparency and investor confidence as the country pushes to lift crude output and revive exploration activity. In a speech delivered…
Nigeria’s gas flare worsens despite commercialization plans
Oil output averaged 1.7 mbd between 2015 and 2024 Private refineries export 79,000 b/d since 2020 Sopuruchi Onwuka Nigeria flared about 229 billion cubic feet of natural gas in 2024, a jump of roughly 12 percent from the previous year,…
Dangote Refinery claims credit for fuel pump price drop cuts
Dangote Petroleum Refinery has pushed back against reports suggesting that the recent drop in petrol pump prices was driven by a Federal Government decision to halt the 15 percent import tariff. The company said the claim misleads the public and…
Ratings upgrade: Fiscal rascality still threatens Nigeria’s economy
Sopuruchi Onwuka Nigeria is earning new confidence from global rating agencies as President Bola Tinubu’s economic overhaul begins to show early traction. Yet the country’s rising debt load and persistent fiscal gaps continue to test how far these reforms can…
NLNG clinches third FIRS Most Compliant Taxpayer award
NLNG has again been named the Most Compliant Taxpayer in corporate Nigeria by the Federal Inland Revenue Service. The recognition, issued under the FIRS Compliant Taxpayer Award and Recognition Program, highlights organizations that consistently meet their tax obligations with diligence…
