Author: David Great

TotalEnergies has disclosed that it has sold its participation stake in three additional licenses primarily generating gas, which presently contributes 40% of Nigeria’s LNG production, to a Mauritian company. Despite the divestment, TotalEnergies will retain ownership of the production share, ensuring access to associated infrastructure and pipelines essential for supplying gas to the Nigeria LNG plant. Since February, the CEO of the French group has hinted at plans to divest its 10% stake in the Shell Petroleum Development Company of Nigeria Limited, citing various challenges the company faced, including oil spills, theft, and operational issues “This divestment…allows us to concentrate…

Cryptocurrency exchange, OKX, has announced plans to discontinue its services in Nigeria, citing recent changes in local laws and regulations. The exchange, in a statement sent directly to its users on Wednesday, said this decision was based on its ongoing assessment of policies in the markets it serves. “We are discontinuing OKX services in Nigeria after recent changes in local laws and regulations. “From August 16, 2024, our customers will no longer be able to open any new positions or access any services on the platform, with the exception of withdrawals and closing/redemption of open positions,” the statement read. Crypto:…

Asks LPDC to investigate Bello’s lawyers for professional misconduct Justice Emeka Nwite of the Federal High Court in Abuja on Wednesday,  July 17, 2024  turned down an application by a former governor of Kogi State, Yahaya Bello seeking a stay of proceedings and stalling of his arraignment in the alleged  N80.2billion money laundering charge instituted against him by the Economic and Financial Crimes Commission, EFCC. Also, the court has asked the Legal Practitioners Disciplinary Committee,  LPDC, to investigate Yahaya Bello’s counsel,  Abdulwahab Mohammed, SAN and Adeola Adedipe, SAN, for professional misconduct for reneging on their undertakings to produce the former…

Six exceptional Nigerian students have made the prestigious top 50 shortlist for the 2024 Chegg.org Global Student Prize, an annual $100,000 award recognizing outstanding student achievements. Selected from over 11,000 nominations and applications from 176 countries, these students have demonstrated remarkable contributions to education, their communities, and global society. The shortlisted students include Okechukwu Clinton Ifeanyi, an Optometry student at the University of Benin, Edo; Bello Peace Olalekan, a graduating Chemical Engineering student at Obafemi Awolowo University, Ile-Ife, Osun State; Joel Mordi, an activist and University of York student; Jennifer Uchechukwu Obiorah, a student mentor and founder of TeamUpcyclers; Roseline…

Croatian midfielder Luka Modric has signed a one-year contract extension with Real Madrid, which will keep him at the Bernabeu until 2025, the LaLiga club announced on Wednesday. The 38-year-old Ballon d’Or winner in 2018 won his sixth Champions League trophy and fourth La Liga victory with Real Madrid last season. Modric’s last contract with the Spanish giants expired at the conclusion of the 2023-24 season, but the Croatian assured fans that he would return the next season, when Real celebrated their Champions League victory, extending their record to 15 European Cups. No player has won more titles with Real…

Justice Deinde I. Dipeolu of the Federal High Court in Ikoyi, on Monday, July 15, 2024, ordered that 20 cars stolen from Canada to Nigeria be forfeited to the Nigerian government. The judge gave the order following a motion on notice filed by the Economic and Financial Crimes Commission, EFCC. The forfeited cars are Black colour SUV 400, White 4MATIC Mercedes Benz; SUV MDX SH-AWD Acura; Grey colour SUV RS 350L Lexus; Deep Blue SUV RX 350 Lexus, White Toyota 4Runner 2015; White 2020 model Lexus RX 350; White 2019 Lexus RX 350, Black 2020 Model Lexus RX350, and Black…

Chelsea defender Wesley Fofana has described a video posted on social media by his club team mate Enzo Fernandez as “uninhibited racism”. The video, posted by Argentina international Fernandez on his Instagram account, featured a song sung by some of the Argentina squad about France’s players. Fernandez later apologised for the video where Argentina players were celebrating winning the Copa América after beating Colombia 1-0 in Sunday’s final. “The song included highly offensive language and there is absolutely no excuse for these words,” Fernandez said on Instagram. “I stand against discrimination in all forms and apologise for getting caught up…

A High Court sitting at Asaba, the Delta State capital, has sentenced one Onuwa Ijie to death, and Nwanozie Uzor to 14 years imprisonment for murder and conspiracy to commit the murder of twin boys, Chidalu and Chigozie Agwunobi. The court presided over by Justice Onome Marshal-Umukoro sentenced two convicts over the murder of the seven-year-old boys. The prosecution conducted by a Deputy Director in the Ministry of Justice, Mrs Paula Akpoguma, in proof of the case called five witnesses. The court held that the testimony of the five witnesses proved the case against the two defendants beyond reasonable doubt.…

Fear gripped the residents of Ibaka in Mbo Local Government Area of Akwa Ibom State, as gunmen kidnapped eight people, including a Naval Rating, from the community. The abductions occurred on Monday night at the Classic Point Hotel, Ibaka, where the victims were relaxing. Sources within the community reported that the gunmen took the victims away. Confirming the incident, the Police Public Relations Officer for the Akwa Ibom State Command, ASP Timfon John, informed our correspondent on Monday evening. She stated that the commissioner of police, Waheed Ayilara, led a team of officers to the community after being briefed on…

The General Superintendent of Deeper Life Bible Church, Pastor Williams Kumuyi, has debunked circulating rumours about his alleged relocation to the United Kingdom. In a message posted on the Facebook page of Cross River State Deeper Life, the cleric described the relocation rumour as misleading. “You must have read that I relocated to the UK,” he said, before asking, “Did I relocate?” Clarifying the situation, Pastor Kumuyi explained, “I did not relocate anywhere. I travelled for a crusade and conference, and because of the time difference, the events couldn’t be transmitted back home. “Some countries, like the one I visited…