Recent Posts

Why the sale of the Amukpe-Escravos pipeline is no longer…

According to multiple reports, a September 2025 approval tied to a failed gas pipeline transaction has resurfaced, despite the deal having been formally terminated four months earlier. The approval concerns the proposed sale of a 40% stake in the Amukpe-Escravos pipeline, a 160,000 barrel-per-day pipeline that has become a key part of Nigeria’s oil infrastructure. According to reports, the original …

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Court sentences 4 Boko Haram members to life imprisonment and 14 others to prison

The Federal High Court in Abuja has sentenced four people convicted of terrorism-related offenses linked to Boko Haram to life imprisonment, while 14 others received varying prison sentences. Judge James Omotosho handed down the sentence after all the defendants pleaded guilty to charges brought by the federal government of Nigeria. The prosecution, led by the Attorney General of the Federation …

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NGX: Investors made N390 billion in five hours

Investors in the Nigerian equity market earned N390 billion at the close of trading on Wednesday. This follows a surge in the prices of shares such as Universal Insurance, Omatek and VFD Group, among others, on the stock exchange floor. The benchmark All-Share Index (ASI) index increased to 202,585.53 points from 202,023.1 points on the previous trading day. After five …

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