NNPCL Clears $3.8bn Joint Venture Cash-Call Debts To IOCs
The Nigerian National Petroleum Company Limited, NNPCL, says it has cleared the outstanding $3.8 billion joint venture cash-call debts owed to international oil companies, IOCs, operating in the country. Report has it that NNPCL’s Executive Vice President, Upstream, Adokiye Tombomieye,…
Activities Of Vandals Responsible For Power Outage In Abeokuta, Environs – TCN Says
The Transmission Company of Nigeria, TCN, said the collapse of nine of its towers was due to the activities of vandals responsible for the power outage in Abeokuta and its environs. Report from a statement on Tuesday by the General…
CBN Revokes Operating Licenses Of 132 MFBs, Others (Full List)
The Central Bank of Nigeria has revoked the operating licenses of 132 Microfinance banks, four primary mortgage banks and three finance companies in Nigeria. Report has it from the Official Gazette of Nigeria, obtained from CBN’s website, disclosed this on…
Niger Republic Will Defend Me After I Leave Aso Rock – Buhari
President Muhammadu Buhari has said the neighbouring Niger Republic will defend him when he leaves office. Report has it that Buhari is set to vacate the Aso Presidential Villa on Monday, May 29, when he hands over to President-elect, Bola…
Top Politicians In The Web Of Alleged Certificate Scandal
Controversies over forged (or missing) certificates have become a recurring theme in Nigeria’s political scene since 1999 when the country returned to democracy. Report has it that several high-profile politicians, both in elective and appointive positions, have been caught in…
Spanish FA Rescinds Vinicius’ Red Card, Bans Valencia
The red card given to Real Madrid’s Vinicius Jr during the 1-0 defeat to Valentia on Sunday has been rescinded. Report has it that La Liga also slammed Valencia with a partial stadium ban following the racist abuse directed at…
Major 10 News Updates You Need To Know This Wednesday Morning
Good Morning Readers! Here is today’s summary from Nigerian Newspapers: 1. The United Kingdom has barred foreign students from travelling with their family members. The move which affects all overseas students, apart from those on postgraduate research programmes, will take…