Standard Bank arranges $250 million finance facility for Nigerian energy firm Aradel
South Africa’s Standard Bank has reached financial close on a $250 million strategic financing facility for Aradel Energy Ltd, which the Nigerian oil company will partly use to fund its…
Army, Police rescue 8 kidnap victims in Kaduna forest
Troops of Sector 7, Operation Safe Haven (OPSH), in collaboration with the Zango Kataf Police Area Command, Civilian Joint Task Force (CJTF), Forest Guards and local hunters, have rescued eight…
Festus Agas @66: He’s a consummate leader – Oborevwori
Delta State Governor, Rt. Hon. Sheriff Oborevwori, has showered praises on the former Secretary to the State Government, Rt. Hon. Festus Ovie Agas, on the occasion of his 66th birth…
Nigerian Army arrests suspected human traffickers in Calabar
The Headquarters 13 Brigade Nigerian Army, in collaboration with the National Agency for the Prohibition of Trafficking in Persons (NAPTIP), arrested seven suspected human traffickers during an intelligence led operation…
AFCON 2025 finals: CAF sanctions Senegal, Morocco with fines, suspension
The Confederation of African Football (CAF) has sanctioned both Senegal and hosts Morocco over the chaos that marred the TotalEnergies AFCON 2025 final in Rabat. CAF said its Disciplinary…
Diezani Alison-Madueke spent £2m at Harrods; blew so much on lavish shopping sprees, court told
Diezani Alison-Madueke, Nigeria’s former oil minister spent £2million at Harrods and bought so many luxury goods that she ran out of space, a court heard Wednesday. Alison-Madueke, 65, faces…
EFCC arraigns ex-BSIEC chairman, 10 others over alleged N1.1bn fraud
The Economic and Financial Crimes Commission (EFCC) has arraigned former Chairman of the Benue State Independent Electoral Commission (BSIEC) Dr Tersoo Loko and 10 others over alleged N1.1 billion fraud….
Nigeria Police uncovers N7.7bn telecoms fraud, arrests 6 suspects, recover assets
The Nigeria Police Force – National Cybercrime Centre (NPF–NCCC) has uncovered and dismantled a sophisticated cyber-enabled fraud syndicate. The Force PRO, CSP Benjamin Hundeyin, in a statement on Wednesday said,…
Nigerian key crude oil loadings to fall in March, programmes show
Exports of four key Nigerian crude oil grades are scheduled at 793,000 barrels per day in March, preliminary loading programmes seen by Reuters show. At that level, loadings will be…
NUPRC assures investors of transparent, competitive licensing round for 50 oil blocks
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has assured prospective investors of a transparent, merit-based and competitive process for Nigeria’s 2025 Oil and Gas Licensing Round. The commission said that…
