BLOGS

NNPC withdraws suit against ExxonMobil, Seplat $1.28bn deal

14th June 2024 The Nigerian National Petroleum Company Limited has applied to a High Court of the Federal Capital Territory, Abuja, to stop its ongoing legal action against several subsidiaries of Mobil Nigeria and the Nigerian Upstream Petroleum Regulatory Commission. NNPC in a motion, filed on June 11, 2024, by their legal counsel Afe Babalola […]

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Putin calls G7 deal on frozen Russian assets for Ukraine loan ‘theft’

Western countries have agreed to use interest on frozen Russian assets to give Ukraine a $50bn loan. Russia’s President Vladimir Putin delivers a speech during a meeting with the leadership of the Russian Ministry of Foreign Affairs in Moscow [Maxim Shemetov/Reuters] Russia’s President Vladimir Putin has denounced an agreement by Western countries to provide Ukraine

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G7 leaders agree to $50bn loan for Ukraine at annual summit

G7 leaders hail ‘unity’ after reaching deal to fund Ukraine via profits on frozen Russian assets during summit in Italy. A family photo at Borgo Egnazia resort during the G7 Summit hosted by Italy in Apulia region G7 nations have agreed upon a $50bn deal to fund Ukraine through profits on frozen Russian assets, Italian

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I don’t know where all that thinking is coming from- Nedu refutes Yvonne Jegede’s claims

Nedu, a well-known media personality, has refuted actress Yvonne Jegede’s claims that he harbors a dislike for women based on his past experiences. In response to Yvonne Jegede’s criticism, Nedu, who hosts a podcast called ‘The Honest Bunch,’ clarified that he has three daughters and a female manager. He also emphasized that the majority of

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Tobi Makinde overjoyed as he bags international recognition

Nigerian actor Tobi Makinde is thrilled that his movie has received international recognition even before its release. Makinde took to his Instagram page to share the film’s poster and inform his fans that it has been chosen for the 8th edition of the Toronto International Nollywood Film Festival Overflowing with joy, the actor thanked God

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Russia, Ukraine exchange drone, missile attacks

Kyiv and Moscow staged dozens of drone and missile attacks overnight, officials said Friday, leaving several wounded in Ukraine and damaging a fuel reservoir site in a Russian border region. The two sides have stepped up cross-border aerial assaults in recent weeks, with Kyiv targeting Russian energy facilities and Moscow launching retaliatory barrages. Russia said

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FG eyes $500m World Bank loan for rural roads

The Federal Government is seeking a $500m loan from the World Bank to enhance rural road infrastructure and agricultural marketing across the federation. The international lender said the fund was expected to address the dire need for better connectivity in rural Nigeria, where 92 million people currently lack access to good roads. This request was

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