Tag: nigerian energy

An Osogbo Magistrate’s Court in Osun State has ordered the remand of a 30-year-old housewife, Mrs. Deborah Olujaiye, for allegedly stealing a sum of N6,333,700 from her husband’s bank account without his approval. The accused, a resident of Olude area in Osogbo, was arraigned on Thursday, with the police prosecutor, Inspector Adeoye Kayode, informing the…

Fidelity Bank has denied allegations of data breach and disputed the fine imposed by the Nigerian Data Protection Commission (NDPC). Meksley Nwagboh, divisional head of brand and communications, Fidelity Bank, in a statement, said the bank “conducted itself to the highest ethical standards by ensuring full compliance with extant laws on data protection”. On Wednesday,…

Igbariam, the host community of Chukwuemeka Odumegwu Ojukwu University, has given Governor Chukwuma Soludo and Anambra State Government notice to quit their land. In a motion on notice for interim injunction brought by the community through their President General, Igbariam Progress Union, Chris Oforkansi, and others, the community approached the Awka High Court to restrain…

An Osun State High Court, sitting in Iragbiji has declared the action of the State Government contracting traffic enforcement action on a non-uniform consultant as illegal. Justice G. O. Lawal, who presided over the court while delivering judgment in a suit initiated against the State government and its consultant MSC Maintenance Systems Consult by Raufu…

The Nigerian National Petroleum Company Limited (NNPC Ltd) on Thursday differed with a former Vice President, Atiku Abubakar, over his claim that the NNPC Ltd has been hijacked by “corporate cabals” around President Bola Tinubu and the ownership of OVH acquisition. Atiku in a statement on Wednesday, signed by his media adviser, Paul Ibe, expressed…

A Coroner’s Court in the Ikorodu area of Lagos State has ordered substituted service on key witnesses in the ongoing inquest into the death of singer Ilerioluwa Aloba, aka Mohbad These include Azeez Fashola aka Naira Marley; Samson Eletu aka Sam Larry; Mohbad’s sister-in-law, Karimot Ogunbayo; Boluwatife Adeyemo aka Darosha and Mohbad’s lawyer, Oluwasanmi Falade.…

The President of the Petroleum and Natural Gas Senior Association of Nigeria, Mr Festus Osifo, has identified reasons for persistent queues in filling stations across the country. Speaking at the ongoing 2024 PENGASSAN Energy and Labour Summit in Abuja on Thursday, Osifo identified weak and outdated distribution chains as a reason for the queues. “The…

The leadership crisis afflicting the Benue state chapter of the ruling All Progressives Congress APC assumed a fresh twist on Thursday as the dissolved state executive members of the party led by Hon. Augustine Agada dragged the party’s National Chairman, Dr Abdullahi Umar Ganduje to court for disobedience of the Court order. A Benue state…

A State High Court in Port Harcourt, Rivers State, has issued a restraining order preventing the National Working Committee (NWC) of the All Progressives Congress (APC) from proceeding with ward and local government congresses. The ruling came in response to a motion ex parte brought before the court by Peter Ohochukwu and Hajia Ndidi-Chukwuma. Justice…

Ikeja Chief Magistrates’ Court on Thursday discharged and acquitted six men who were charged with breaching public peace during the 2020 #EndSARS protest. The defendants, Daniel Joyinbo (31), Adigun Sodiq (28), Kehinde Shola (32), Salaudeen Kamilu (29), Sodiq Usseni (33), and Azeez Isiaka (34), had entered a plea bargain agreement and pleaded guilty to a…

Oando Plc has completed the acquisition of 100 percent of the shareholding interest in the Nigerian Agip Oil Company (NAOC) from the Italian energy company, Eni, for a total consideration of $783 million comprised of consideration for the asset and reimbursement. “This acquisition is a significant milestone in Oando’s long-term strategy to expand its upstream…

Passengers of Airpeace, one of Nigeria’s leading domestic airlines, were left stranded at various airports across the country on Tuesday as the airline cancelled and rescheduled several flights without adequate notice. Many frustrated passengers took to social media to express their displeasure with the airline’s handling of the situation. Some complained of being stuck at…

Justice Sylvanus Oriji of the Federal Capital Territory (FCT) High Court has adjourned a hearing in the FCT minister‘s motion on the restriction order on participants of the hunger protest until Sept. 4. The adjournment came after counsel to the FCT minister (claimant), Moses Ebute, SAN, told the court that he served the motion on…

The Nigerian National Petroleum Company Limited (NNPCL) has transferred all its retained assets to OVH Energy Marketing Limited, the operator of Oando Petroleum and a company owned by President Bola Tinubu’s nephew Wale Tinubu. The NNPCL can now transfer its Retail ownership and assets to OVH following a court approval. The NNPCL Retail is primary…

The Federal High Court in Lagos has placed a “Post No Debit” (PND) on the accounts of seven businessmen and four firms in eight banks pending an investigation of how N1,426,100,430 was fraudulently transferred from a Lebanese firm. Justice Akintayo Aluko granted the order on August 20, 2024, following a motion ex parte moved and…

The Nigerian Communications Commission (NCC) has mandated that all telecommunications companies (telcos) block stolen subscriber identification module (SIM) cards within five minutes of receiving a report from subscribers. The NCC has stated that any subsequent usage of the stolen SIM should not incur charges for the consumer from the time the report is made. In…

The Federal Government has said that investors seeking to invest in its latest financial instrument must disclose specific identification requirements to participate in the exercise. It disclosed this in a Frequently Asked Questions document provided by the Debt Management Office on its website. According to the FAQ, all Nigerian citizens, including those residing abroad, must…

The Chief Magistrate of the Iyaganku Family Court in Ibadan Oyo State, Mrs Olabisi Ogunkanmi, on Wednesday, ordered the remand of a tenant, Kareem Mojeed, for allegedly defiling his landlord’s seven-year-old daughter. The court ordered that the defendant be remanded at the Agodi Correctional Centre, pending legal advice from the Director of Public Prosecutions. Mojeed…

A Benue High Court has ordered the ruling All Progressives Congress not to remove the state APC Chairman, Augustine Agada, and the current executives of the party. A copy of the exparte order granted by Justice Theresa Igoche in motion No MH /1585m/2024 was made available to newsmen at the national secretariat of the party…

A Benin City based businessman, Mr Charles Amadasun has been committed to the Correctional Centre for contempt of court in a case involving him and Pastor Faustin Uwaibi. He was accused of using his company in 2003 to lease a commercial property on Ihama Road Benin City for 15 years and he allegedly refused to…