Category: Business

Company Registered Days Before Bidding Can Be Awarded Oil blocks – Komolafe 

ADEOLA YUSUF

    NUPRC Boss Speaks On Report 40 Oil Block Licences Expired, Guidelines Violated   The technical and financial capacity of a bidder is assessed not merely by the date of incorporation of the bidding entity, but by the pedigree and proven track record of its promoters, affiliated companies or parent organisations, Chief Executive of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), Gbenga Komolafe, has declared. Platforms Africa reports that Komolafe was reacting to a report that a particular company registered days before the commencement of bidding was improperly awarded…

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Team Lead Platforms Africa, Adeola Yusuf, Bags PhD

ADEOLA YUSUF

‘Press Coverage of Oil And Gas Issues In Nigeria (2015 – 2021),’ details of the thesis that earned the multiple award-winning journalist/Journalism researcher the highest degree in Communication Studies at the prestigious Lagos State University   The Team Lead of Platforms Africa, Adeola Yusuf, has bagged the Doctor of Philosophy (Ph.D.) degree in communication studies. A panel of assessors chaired by renowned professor of communication and Deputy Vice-Chancellor of Ajayi Crowther University, Oyo, Prof. Muyiwa Popoola, pronounced Adeola Yusuf, a doctor of Philosophy after the researcher successfully defended his thesis…

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‘Six Months After $1.5bn Rehabilitation,’ NNPCL Shuts Down Port Harcourt Refinery

ADEOLA YUSUF

    ‘November 26 To May 24,’ details of ‘scheduled maintenance and sustainability assessment’ that will take the 60,000 barrels daily capacity refinery off circulation     The Nigerian National Petroleum Company Limited (NNPC Ltd) on Saturday announced a scheduled maintenance shutdown of the Port Harcourt Refining Company (PHRC), beginning on May 24, 2025. Platforms Africa reports that the refinery began truck loading of petroleum products on Tuesday 26 November after a rehabilitation that gulped $1.5 billion. Chief Corporate Communications Officer, Femi Soneye, who confirmed the shutdown in a statement…

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Access Bank Ex-Staff Films Female Colleagues Naked In Office, Sells 400 Videos Online

ADEOLA YUSUF

‘Police have freed him despite uncovering over 400 nude videos on his laptops,’ colleagues give dirty details of the secret operation by the bank’s former quality assurance specialist in female restroom + How Access Bank Is Reacting to Ugly Development   More damning revelations have greeted the release of a former employee of the Access Bank, Stephen Ifeanyichukwu Ejezie, by the Police after being found culpable of a grievous crime. Platforms Africa reports that Ejezie, a quality assurance specialist at the Bank’s contact centre in Oniru, Lagos State, secretly recorded…

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‘Burdened By Band A,’ Aso Rock Opts For Solar With N10bn Budget Allocation

ADEOLA YUSUF

“In 2024, tariffs for Band A skyrocketed from N68/kWh to over N209/kWh within months.”   The Nigerian Government has approved a N10bn allocation in the 2025 budget for the installation of a solar mini-grid at the Presidential Villa. Platforms Africa reports that the project, titled “Solarisation of the Villa with Solar Mini Grid,” is intended to reduce the State House’s dependence on the national grid and ease the burden of rising electricity tariffs. ‘It’s 547k, No, It’s 572k;’ Power Minister, NERC Bicker Over 2024 Metering Data ‘Manufacturers, Others Boycott National…

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EcoBank Slams Suit On Otudeko’s Son As 6.3 Billion Shares Showdown Degenerates

ADEOLA YUSUF

  EcoBank Plc has asked the Federal High Court in Lagos to temporarily restrain Otudeko Obafemi Adedamola, the son of Oba Otudeko, and others, including the Corporate Affairs Commission (CAC), from selling or transferring 6,314,116,229 Barbican Capital Limited shares in FBN Holdings. This request was made in a motion accompanying the bank’s main suit, both instituted by Kunle Ogunba (SAN) against Otudeko, Barbican Capital Limited, Honeywell Flourmills of Nigeria Plc, Siloam Global Services Limited, Oyeleye Foluke, FBN Holdings Plc, CAC, and the Nigerian Stock Exchange (NGX). The bank’s lawyer alleges…

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Shell, Renaissance Hit With Lawsuit Over $2.4 Bn SPDC License Transfer

ADEOLA YUSUF

“Other defendants are the AGF; the NNPC Ltd; the NUPRC; and the Ministry of Petroleum Resources.” Details of the unravelling legal fireworks with case number FHC/L/CS/651/2025   A suit seeking to stop Shell Petroleum Development Company Limited’s deal transferring its mining licence worth $2.4 billion to Renaissance African Energy Company Limited has been filed at the Federal High Court in Lagos. The Incorporated Trustees of Human Environmental Development Agenda sued Shell Petroleum Development Company Limited, Renaissance African Energy Company Limited, the Federal Republic of Nigeria, and four others over the…

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‘One Post, 1.7 Million Views,’ Platforms Africa’s Ratings Soar

ADEOLA YUSUF

. ‘You have the most creative content presentation in the industry. Your Integrity, unique journalism style make me re-read stories I have read on other channels,” What Editors, Scholars, Professionals, Others Wrote On strides by the leading media group . ‘Our Readers, Our unique Strength,’ Team Lead Platforms Africa dedicates feats to readers, Speaks on how media group was established at Wits University, South Africa   The ratings of Platforms Africa, leading Africa-focused media group, have soared with a single post hitting a new celling of 1.7 million views. The…

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Mele Kyari Sacked, Ojulari In As Tinubu Stirs Major Shakeup At NNPC

ADEOLA YUSUF

  President Bola Tinubu has sacked the board of the Nigerian National Petroleum Company (NNPC) including its Group Chief Executive Officer, Mele Kyari and board chairman Pius Akinyelure. Platforms Africa reports that the sack was announced by presidential spokesperson Bayo Onanuga in an early Wednesday morning statement posted on X. “President Tinubu removed all other board members appointed with Akinyelure and Kyari in November 2023,” Mr Onanuga wrote. Mr Kyari was first appointed NNPC chief by former President Muhammadu Buhari but was reappointed in 2023 by President Tinubu. A Child…

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FULL LIST: 58 Nigerians Who Died With Hidden, Unclaimed Properties In UK

ADEOLA YUSUF

  . ‘One of Them Died As Far Back As 1995,’ UK Govt Begins Search for Relatives, List Estates as “Bona Vacantia,” meaning unclaimed for a certain period and are now the property of the Crown   The UK government has released a list of unclaimed estates belonging to individuals from different countries who died in the UK, including 58 Nigerians. Platforms Africa reports quoting the Gov.uk that these estates have been listed as “Bona Vacantia,” meaning they have been unclaimed for a certain period and are now the property…

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