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Deputy Group Chief Executive
The Nigerian National Petroleum Corporation, NNPC, yesterday, signed an agreement with Nigeria Agip Oil Company, NAOC, and Oando, for the transfer of NNPC’s stake in three oil wells, Oil Mining Lease, OML, 61, 62 and 63 to its upstream subsidiary, Nigerian Petroleum Development Company, NPDC.
If the SEC goes ahead with this action it will be in clear violation of the interim injunction obtained by Oando’s principals Adewale Tinubu, the Group Chief Executive and Omamofe Boyo, the Deputy Group Chief Executive which restrains SEC, its servants and agents from directing or requesting any agency of the Government to act upon its decisions contained in its letter of 31st May pending the hearing.
Oando PLC’s shareholders can heave a sigh of relief as the Company, has set the record straight following claims in the mediawhich implied that Oando has been ordered by the London Court of International Arbitration (LCIA) to pay Ansbury Investment Inc. $680 million
The principals have chosen to speak as there were concerns that Volpi’s press release implied that they, Whitmore Limited, had a total indebtedness of $680 million.
The Nigerian Association of Liquefied Petroleum Gas Marketers (NALPGAM), says the current hike in price of cooking gas might persist if activities of Liquefied Petroleum Gas (LPG) Terminal Owners and Off Takers is not checked.
Ugandan pop star turned politician known as Bobi Wine, Wanuri Kahiu -movie producer and director- and Oluwaseun Ayodeji Osowobi - Nigerian gender rights activist- together with other Africans make the list of TIME 100 Next.
The Federal High Court, Abuja, on Friday, commenced hearing on the suit challenging whether Gov. Yahaya Bello, is fit to contest in the Nov. 16 Kogi Governorship election
Teni Akpata aka Teni’s newly released ‘Billionaire’ video featuring veteran television host, Frank Edoho has continued to generate reactions from her fans.
Professor Attahiru Jega, former chairman of the Independent National Electoral Commission has said that improving the integrity of elections is key to the democratic development of any nation.
Microsoft said in a blog post on Monday that it would honor California’s privacy law throughout the United States, expanding the impact of a strict set of rules meant to protect consumers and their data.
Nigeria U-23 team must not lose in their third Group B game against South Africa in their 2019 U-23 Africa Cup of Nations at the Al Salam in Cairo, Egypt.
The French government on Wednesday attempted to defuse the anger caused by the attempted suicide of a student who set himself alight to protest the hardship he faced.
Super Eagles duo Kenneth Omeruo and Chidozie Awaziem will be looking forward to impress new Leganes manager, Javier Aguirre, who will be in dugout against Real Sociedad at the Reale Arena tonight.
A businesswoman, Nwanneka Nkumah, popularly known as Mizwanneka on Friday said that she ended up in the hospital after some policemen allegedly assaulted her.