Tag: nigerian energy

There was melodrama in Ebonyi State High Court premises, Abakaliki, on Friday afternoon when a lawyer, Sunday Ununu, disrupted proceedings during arraignment in Magistrate Court 1 in the high court premises. Ununu, the principal of Bigbird Chambers in Abakaliki, left the duck where he was arraigned for alleged murder, alleging that the charges against him…

FBN Holdings Plc has announced the sale of its 100 per cent equity stake in FBNQuest Merchant Bank Limited to EverQuest Acquisition LLP. In a statement filed with the Nigeria Exchange Limited by the Acting Company Secretary for FBN Holdings, Adeware Arogundade on Friday stated that this move comes after a competitive bidding process, with…

Hon. Justice Isaac Essien sitting in Makurdi Judicial Division of the National Industrial Court has ordered the Federal University Lafia to reinstate Mr Umar to his employment post with rightful rank as Assistant Chief System Analyst on CONUSSS 12 with his full rights, privileges and entitlements as an employee of the University within 3 months.…

The federal government has imposed a one-time fee of N50 on electronic transfers exceeding N10,000 to personal and business accounts on Opay. In a notice to its customers on Saturday, the online payment platform stated that the charges, in line with the Federal Inland Revenue Service (FIRS) regulations, will take effect from September 9, 2024.…

The Court of Appeal in Abuja on Friday struck out the appeal filed by governorship aspirants of the Peoples Democratic Party (PDP) in Edo State, Arthur Esene and Anselm Ojezua, who sought to disqualify the party’s candidate for the upcoming September 21 governorship election, Asue Ighodalo. In the appeal marked CA/ABJ/CV/863/2024, Esene and Ojezua had…

The Nigerian National Petroleum Company Ltd (NNPCL) has said Dangote Refinery and other domestic refiners are “free to sell directly to any marketer on a willing buyer, willing seller basis”, thereby dismissing the allegation of the national oil company becoming a sole offtaker. The NNPCL was reacting to the Muslim Rights Concern (MURIC’s) claim that…

Lagos-based lawyer and human rights activist Chukwudi Nneke Esq. has filed an originating summons in the High Court of Anambra State, challenging the constitutionality of the state’s Burial/Funeral Ceremonial Control Law of 2019. The lawsuit, filed against the Anambra State Government, seeks to have several sections of the law declared null and void. In the…

The Nigeria National Petroleum Company Ltd (NNPCL) has stated that it is waiting on the September 15th deadline to begin lifting petrol from the Dangote refinery. This was disclosed by the company in a statement signed by its Chief Corporate Communications Manager, Olufemi Soneye on Thursday revealing the details of the company’s Vice President, Downstream…

A 31-year-old randy Pastor of the Cherubim and Seraphim Church in Ondo State, Oluwasegun Victor, has been remanded to Correctional Centre for impregnating a minor and four other young girls Oluwasegun who was charged before an Akure Chief Magistrate court said to have had unlawful sexual intercourse with the minor on July 24th, 2024 at…

The Central Bank of Nigeria (CBN) has announced plans to inject more liquidity into the foreign exchange market by approving the sale of US$20,000 to each eligible Bureau De Change (BDC) operator. This move is aimed at meeting the growing demand for foreign exchange in the retail market, particularly for invisible transactions. In a circular…

A Federal High Court sitting in Abuja has restrained Kano State Independence Electoral Commission (KANSIEC) from collecting the sum of N10million and N5million from contestants into the offices of Chairmanship and Councillorship positions respectively in the forthcoming local government elections in the state. The presiding Judge, Justice Emeka Nwite granted the order on Wednesday. Plaintiffs…

The Corporate Affairs Commission (CAC) has reiterated its call to Point of Sale (PoS) operators throughout Nigeria, reminding them that the deadline for mandatory business registration officially expired on September 5, 2024. In a public notice issued on Friday, the CAC voiced concern over the low compliance rate with the registration directive. The commission hinted…

Two of the six Okuama community leaders from Ughelli South Local Government Area of Delta State, arrested by the military last month, have sued the Nigerian Army and the Department of State Services at the Federal High Court in Warri, seeking N200m in damages. The claimants, James Oghorokor and Dennis Okugbaye, in their separate suits…

There are strong indications that the Federal Government is contemplating granting Dangote’s refinery the authority to set Premium Motor Spirit (PMS), commonly known as petrol or fuel prices. A Bloomberg report on Thursday confirmed that the Federal Government is considering allowing the refinery to set the price at which it sells petrol. Sources revealed that…

The Police at the Maroko Division, Lekki, Lagos have arrested Avoke Edesiri Dowe, a 35-year-old accountant with Midak Property Limited, and charged him with fraudulently withdrawing N4,505,700 from his employer’s account. According to police, Dowe allegedly used his position as an accountant to withdraw the money at different times from his employer’s account, converting the…

A group of frustrated customers threatened to shut down a branch of Sterling Bank in Iyana Itire, Lagos State, on Wednesday due to poor network service and the inability to carry out financial transactions. The customers, visibly upset and demanding action, gathered at the bank’s gate, expressing their dismay at the situation. Many of the…

The Zone 2 Command of the Lagos Police Command have arrested a landlady, Atolagbe Mojisola, 53, and her alleged accomplice, Saheed Olaniyi, 44, for allegedly assaulting Oluwadamilare Dada, a 20-year-old physically challenged son of her tenant, Omobolaji Dada. The defendants were charged before a Lagos Magistrate’s Court for the assault, which resulted in injuries requiring…

The Nigerian National Petroleum Company Limited (NNPCL) says it has supplied 30 million barrels of crude to the Dangote refinery so far. The Executive Vice President of NNPCL Downstream, Adedapo Segun, who disclosed this on Thursday on Arise Television, said plans were underway to supply an additional 17 million barrels to the refinery soon. He…

Enugu and Imo governments are issuing fines to residents for using alternative energy sources to power their facilities, citing “environmental unfriendly activities” and “carbon emission.” According to Enugu’s ministry of government and climate change, alternative sources of power, aside from the one generated by the nation’s power company, contravenes multiple sections of the environmental law…

The Presiding Judge, Enugu Judicial Division of the National Industrial Court, Hon. Justice Oluwakayode Arowosegbe has declared that Engr Luke Mmamel is entitled to his pension rights as a confirmed Director of Works Services of Enugu Institute of Management and Technology. The Court ordered Enugu Institute of Management and Technology to pay Engr. Luke all…