A crude oil spill has been reported in Ogale, Eleme Local Government Area of Rivers State, coinciding with the establishment of the Federal University of Environmental Technology, Ogoni, by President Bola Tinubu. SaharaReporters learnt that the oil spill was reported on Monday evening and blamed on suspected equipment failure from the Shell Petroleum Development Company…
Superstar footballer, Cristiano Ronaldo has declared himself the “most complete player ever” in the history of football. The Portuguese superstar spoke in a recent interview with Edu Aguirre, the journalist from ‘El Chiringuito’. Asked if he thinks he is the best footballer ever, Ronaldo admitted that fans may prefer…
The Central Bank of Nigeria (CBN) has extended the temporary access granted to Bureau de Change (BDC) operators to purchase foreign exchange from the Nigerian Foreign Exchange Market (NFEM) until May 30, 2025. This is in a move to sustain liquidity and stabilize the foreign exchange market. This extension, announced in a circular issued on…
Former Central Bank of Nigeria (CBN) Governor, Godwin Emefiele, has asked the Federal Capital Territory (FCT) High Court in Abuja to stop the Economic and Financial Crimes Commission (EFCC) from calling additional witnesses in his ongoing procurement fraud trial. Emefiele’s lead counsel, Matthew Burkaa (SAN), argued that the EFCC had already listed 10 witnesses in…
The Federal Government has banned the export of crude oil meant for domestic refineries in the country. About 500,000 barrels of crude oil per day meant for domestic refining have been finding their way to the international market as producers and traders shortchange the policy for quick foreign exchange proceeds. Acting through the upstream sector…
