Royal Dutch Shell on Tuesday announced the shutdown of Bonga floating Production Storage and Offloading unit (FPSO). Shell Nigeria Exploration and Production Company (SNEPco), a subsidiary of Shell in Nigeria, currently operates the FPSO on its offshore field, located in the Oil Mining Lease (OML) 118. The shut-in, SNEPCo said in an email, was buoyed by the shutdown of Bonga crude oil export terminal for routine maintenance, with the aim to have the work done “record time.” The maintenance on the Bonga floating production storage and offloading unit (FPSO),…
Read MoreDay: May 26, 2020
EXCLUSIVE: Controversy rages in Nigeria over imported Madagascar herbal cure’s whereabouts
NAFDAC denies knowledge of drug’s location 10 days after Buhari promised clinical trial Fateemah OLONADE Controversy raged in Nigeria on Tuesday over the whereabout of Madagascar’s COVID organic drug imported into the country 10 days ago. Nigeria’s President Muhammadu Buhari who received the drug at his Aso Rock office May 16, promised to ensure the drug is subjected to clinical trial before use. He received samples of the herbal concoction that Madagascar claims can cure people infected with the new coronavirus, his office said, from President Umaro Sissoco Embalo…
Read MoreWhy US demanded independent probe of AfDB President, Adesina
America’s Treasury Secretary expresses “deep reservations” about internal inquiry clearing Nigeria’s ex-Minister Tim Bauer More facts have emerged on the actual reason the United Staes (U.S.) Department of the Treasury called on the African Development Bank (AfDB) to carry out an independent probe into alleged ethics breaches by its president, Akinwumi Adesina. The US Treasury Secretary Steven Mnuchin, in a letter obtained by AFP on Monday, expressed “deep reservations” about the outcome of an internal inquiry clearing Adesina, and urged the appointment of an independent outside investigator. The internal…
Read MoreDangote, GTBank, MTN rank top in Africa 100 most admired Brands’ list
Taofeeqor bint Abdul-Walid Nairobi, KENYA Dangote, GTBank and MTN have been ranked top on the list of Africa’s 100 best brands as announced in the 10th anniversary rankings of Brand Africa 100. Africa’s Best Brands is a pre-eminent survey and ranking of the Top 100 most admired brands in Africa. The rankings, according to information made available to Platforms Africa by African Media Agency, AMA, were announced in a novel global virtual event that incorporated the market openings of Kenya, South Africa and Nigeria. The rankings will be published in the June by…
Read MoreWhy Nigeria’s 85-year old top broadcaster stabbed wife of 50 years to death
Efe Wellington Owerri, NIGERIA Reasons have been adduced by family members of a former Director-General of the Imo Broadcasting Corporation, Theophilus Okere, who allegedly stabbed his wife, Beatrice, to death early on Monday at Imerinwe community in the Ngor-Okpala Local Government Area of Imo State. Okere’s wife was a retiree of the Imo State Polytechnic, Umuagwo. The couple had been married for 50 years. A source in Imerienwe told the News Agency of Nigeria that the 85-year-old former IBC boss had been suffering from dementia. According to the source,…
Read More