‘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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‘28 Goals, 18 Assists,’ Salah Named Premier League Player Of The Season

Ganiyu Amodu

Liverpool striker Mohamed Salah has been named Premier League player of the season. It is the second time the 32-year-old Egyptian has won the award, which is decided after votes from the public are combined with those from a panel of football experts, having also claimed it in the 2017-18 campaign. Salah, who led the Reds to the Premier League title this season, beat off the challenge from team-mates Virgil van Dijk and Ryan Gravenberch, who was named young player of the season. Dutchman Gravenberch, 23, leads all Premier League…

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‘Defect With Me To APC Or Resign,’ Akwa Ibom Gov Eno Tells Cabinet

Ganiyu Amodu

Governor Umo Eno of Akwa Ibom State has asked all commissioners and political appointees in his cabinet to either join him in defecting to the All Progressives Congress or step down from their positions. According to a video shared by Channels TV on Friday, the governor spoke during a State Executive Council meeting on Thursday. Eno confirmed his planned defection to the APC and made it clear that only those willing to join him would remain in his government. “It’s no more news that I’m moving party. If you don’t…

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Govt Plans To Sell Emefiele’s 753 Duplexes To Low, Middle-income Nigerians

Ganiyu Amodu

The Federal Government has finalised plans to sell a massive housing estate linked to former Central Bank of Nigeria Governor, Godwin Emefiele, to low and middle-income Nigerians. The huge property, which contains 753 housing units, was recovered by the Economic and Financial Crimes Commission (EFCC) in December 2024. According to the EFCC, it is the largest single asset recovery since the agency was created in 2003. The estate covers over 150,000 square metres and includes duplexes and other types of flats. The estate was recovered following a final forfeiture order…

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Triumphant Tale of Nine Lives; A Review of Omololu Kassim’s Back to Life, By Tunde Akanni

Ganiyu Amodu

The Review Proper Foregrounding In Back to Life, Omololu Kassim is back to the energy sapping but fulfilling business of writing on a grander heightbecause the author of Back to Life was in the league of the best crop of reporters with optimal visibility prior to the June 12-induced shutdown of the Concord titles. However, with the indulgence of this august audience, I dare say so much water had passed on… In this 98-page volume, Kassim has combined the dexterity of a nosey and crafty reporter with the panache and…

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Nigeria Finally Rescued From $11bn P&ID Scam – Legal Team Leader Clarifies

Abibat Babalola

The Federal Government on Thursday evening revealed how Nigeria was saved from an $11 billion investment scam engineered by Process and Industrial Developments Limited (P&ID), describing the landmark victory in a United Kingdom court as a turning point in the fight against corruption and economic sabotage. The National Coordinator of the Federal Republic of Nigeria (FRN) Legal & Investigation Team on the P&ID case, Mr. Kofo Abdulsalam-Alada, narrated the behind-the-scenes efforts that led to the successful outcome. Speaking during a courtesy call on the Attorney-General of the Federation (AGF) and…

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UNILAG Prof, Tajudeen Yusuf, Underscores Nigeria’s Inadequate Risk Mgt At Inaugural Lecture

Ganiyu Amodu

. Spotlights Ethical Insurance, Takaful Integration As Wayout   The University of Lagos (UNILAG) has held its 13th inaugural lecture in the 2024/2025 academic session at the JF Ade Ajayi Main Auditorium. Platforms Africa reports that the lecture titled, “Risk, Ethics, And The Road Less Taken: Navigating The Journey From Insurance To Takaful,” was delivered by Professor Tajudeen Olalekan Yusuf, a Professor of Insurance and Risk Management at the University of Lagos . Speaking at the event, Prof. Yusuf advocated regulatory reforms, innovation in microinsurance, the integration of Takaful into…

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‘Sweep Everywhere Clean,’ Tinubu Okays One Party System

Abibat Babalola

. Expects Mass Exodus From PDP, LP, Other Opposition parties, which he described as sinking ships without Life Jackets   President Bola Tinubu has said he expects more politicians to join the All Progressives Congress, APC. Tinubu stated this during the ruling party’s national summit on Thursday. READ ALSO: ‘For £500 million ($670 million),’ US Firm Redbird Capital Agrees Deal To Buy UK’s Telegraph Newspaper ‘Mad Rush,’ Saudi Arabian Club, Juventus, Others In Race To Sign Osimhen June Internationals: Tuchel Unveils England 26-Man Squad ‘15.85s (2.0m/s),’ Favour Ofili Breaks 150m…

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‘For $670 Million,’ US Firm Agrees Deal To Buy UK’s Telegraph Newspaper

Ganiyu Amodu

British right-wing newspaper The Telegraph has agreed a takeover by US investment group RedBird Capital Partners, ending a two-year saga marked by UK government intervention over press freedoms. RedBird has struck an “in-principle agreement” to purchase The Telegraph Media Group (TMG), which comprises the 170-year-old paper’s print and online operations, for £500 million ($670 million), the pair announced in a statement on Friday. It concludes a protracted sale that involved an intervention by the previous Conservative government. US-Emirati consortium RedBird IMI, comprising Redbird Capital, had already struck a deal for…

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‘Mad Rush,’ Saudi Arabian Club, Juventus, Others In Race To Sign Osimhen

Ganiyu Amodu

Victor Osimhen is currently one of the most sought-after players in world football, with Napoli confirming that eight different clubs are trying to sign the Nigerian striker this summer. Osimhen, who has been on loan at Galatasaray, is set to return to Napoli at the end of the season. His future remains uncertain, but one thing is clear many clubs want him. According to reports in Turkish media, a Napoli official said Osimhen’s performances in Turkey were outstanding and drew attention from several clubs. “He had a fantastic season and…

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