Supreme Court Slams N5m Fine On Ex-Presidential Candidate Over Frivolous Suits Against Tinubu

ADEOLA YUSUF

The Supreme Court has imposed a N5 million fine on a former presidential candidate, Ambrose Owuru, for harassing President Bola Tinubu with frivolous and vexatious suits. Owuru, who contested the 2019 presidential election against former President Muhammadu Buhari on the platform of the Hope Democratic Party (HDP), was ordered to pay N5 million to Tinubu. Justice Uwani Musa Aba-Aji issued the order against the former presidential candidate while dismissing his fresh suit praying for the removal of Tinubu as Nigeria’s President. Apart from the N5 million fine, the apex court…

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‘$800m Last Tranche Paid,’ Seplat Now Nigeria’s Largest Independent Energy Firm

ADEOLA YUSUF

How Mobil Producing Nigeria Unlimited (MPNU) acquisition from ExxonMobil more-than doubled production and positioning of company + The rough journey to largest: Platforms Africa chronicles how Seplat scales the hurdle Detailed guidance for the enlarged group to be published in 2025     Seplat Energy PLC has completed its acquisition of Mobil Producing Nigeria Unlimited from ExxonMobil (MPNU) with payment of $800 million. The transaction is transformative for Seplat Energy, more than doubling production and positioning the company to drive growth and profitability, whilst contributing significantly to Nigeria’s future prosperity. Platforms…

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‘It Has Reached Shoreline,’ Shell Oil Spill At Bonny Terminal Worsens

ADEOLA YUSUF

. NIMASA gives update, SPDC shuts pipeline as cleanup still awaited 24 hours after spill   The oil spilled at the Shell Petroleum Development Company (SPDC) loading terminal, (SMI), in Bonny, Rivers State, has reached the shoreline, as incident clocked 24 hours. Platforms Africa learnt that the spill, which occurred yesterday Saturday, December 14, 2024 has led to the shutdown of the export pipeline, which serves the terminal. Shell is yet to respond to inquiries as at press time, but the Nigerian Maritime Administration and Safety Agency (NIMASA) which confirmed…

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‘Milestone,’ Tinubu Reacts As Shell, Partners Announce $5Bn Deepwater Investment In Nigeria

ADEOLA YUSUF

President Bola Ahmed Tinubu has welcomed Shell and its partners’ announcement on Monday of the Final Investment Decision (FID) on the Bonga North Deep Offshore Field. This landmark development, Nigeria’s first deepwater oil project in over a decade, underscores the transformative impact of the President’s policies and reforms in attracting investments in the oil and gas sector. The Bonga North oilfield, located 130 kilometres offshore in Oil Mining Lease (OML) 118, represents an impressive estimated $5 billion investment and is expected to yield approximately 350 million barrels of crude oil.…

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NDLEA Intercepts Meth ‘Worth Over N2bn’ In Auto Parts From Canada

ADEOLA YUSUF

The National Drug Law Enforcement Agency (NDLEA) says it has intercepted over N2 billion worth of methamphetamine concealed in auto parts from Canada. A statement on Sunday by Femi Babafemi, NDLEA spokesperson, said two consignments of methamphetamine weighing 83.301 kilograms were recovered from separate containers bearing vehicles parts coming from Canada. He said the containers were headed to warehouses in the Ladipo automobile parts market in Mushin area of Lagos state. Babafemi said one of the containers going to Ladipo market through the Sifax bonded terminal was examined on December…

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We’ve exported petrol to Cameroon, Ghana, Angola, South Africa — Dangote Refinery

ADEOLA YUSUF

The Dangote Petroleum Refinery said it has exported Premium Motor Spirit, PMS, also known as petrol to Cameroon, Ghana, Angola and South Africa. Vice President of Oil and Gas, Dangote Industries Limited, Dr. Devakumar Edwin, disclosed this recently when a delegation from the Japanese Business Community in Nigeria, led by Japan’s Ambassador-designate to Nigeria, Suzuki Hideo, visited the facility. He said: “In recent weeks, we’ve exported petrol to Cameroon, Ghana, Angola, and South Africa among others. Diesel has gone all over the world, and jet fuel is being heavily exported…

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Igboho Tackles Shettima Over Kemi Badenoch

ADEOLA YUSUF

Yoruba Nation activist, Chief Sunday Adeyemo, popularly known as Sunday Igboho, has called on President Bola Tinubu to intervene and restrain Vice President Kashim Shettima from further criticising Kemi Badenoch, the leader of the British Conservative Party. Igboho made this appeal in a statement obtained in Osogbo on Sunday, responding to Shettima’s remarks about Badenoch following her critical comments on corruption in Nigeria. Badenoch, who identifies as Yoruba, had also distanced herself from being categorised alongside northern Nigeria. In a personally signed press release, Igboho urged Tinubu to caution Shettima…

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Sextape: ‘My Son ‘ll Be Proud of Me,’ Tiwa Savage’s Encounter With Tolani Soneye

ADEOLA YUSUF

‘No Orgasm, No Sex Toys,’ Nigerian music sensation opens up on why she believed in monogamy during ‘The Receipts Podcast’   The United Kingdom (UK)-based Podcaster, Tolani Soneye, has hosted Nigerian Afrobeats sensation, Tiwa Savage on her latest episode of The Receipts Podcast, in a candid and insightful conversation. The podcast, which is known for its honest and unfiltered discussions, provided a platform for Tiwa Savage to share her thoughts on success, aging, relationships, and other aspects of her life. These 4 Men Need Help, By Funke Egbemode I Once…

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These 4 Men Need Help, By Funke Egbemode

ADEOLA YUSUF

1. The Mean Landlord This is the husband who bullies and threatens his wife with quit notice at every turn. Here are some of his favorite refrains: “I’ll soon send you back to your parents.” “Keep talking to me like that and you will be needing another accommodation soon.” African Govts Should Ban Kemi Badenoch From Visiting Continent – Seun Kuti Reasons You Should Appreciate God For Making You Nigerian – Kizz Daniel “In my house? Do you want me to kick you out?” “If you close from work late…

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‘N1,060 To N1,040/Litre,’ NNPC Slashes Petrol Price

ADEOLA YUSUF

The Nigerian National Petroleum Company Limited, NNPCL, has reduced the price of Premium Motor Spirit (petrol) across its retail outlets in the Federal Capital Territory, Abuja, DAILY POST reports. DAILY POST correspondents who visited NNPCL retail outlets observed that the petrol pump price was reduced from N1,060 to N1,040 per litre. This represents a reduction of N20. “The price was reduced to N1,040 per litre from N1,060 on Saturday morning,” a filling station attendant at the NNPCL retail outlet along Kubwa expressway told DAILY POST. A motorist, Ezekiel Njoku, confirmed…

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