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More Heads To Roll In NNPCL, Subsidiaries As Ojulari Assumes Office

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  By Udeme Akpan, Energy Editor There are indications that more heads will roll in the Nigerian National Petroleum Company Limited, NNPCL and its subsidiaries as Engineer Bayo Ojulari yesterday assumed office as the new Group Chief Executive Officer. This was even as the management and staff of NNPC Ltd welcomed the appointment of a new GCEO Officer and Board of Directors for the company by President Bola Ahmed Tinubu. However, checks Vanguard showed that the reorganisation would start from the corporate headquarters to the subsidiaries, including Upstream, Gas and Power, new Energy, Downstream and Non-Energy businesses. The checks indicated that the reorganisation would be targeted at ensuring that round pegs are placed into round holes based on the commitment of the new leadership to achieve national goals and objectives in the oil and gas industry. It was confirmed that the businesses to be impacted include the NNPC E&P Limited (NEPL), NNPC Upstream Investment ...

Netanyahu Visits Hungary As Orbán Vows To Defy ICC Arrest Warrant(photos)

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  Benjamin Netanyahu has begun a four-day official visit to Hungary, marking the first time the Israeli prime minister has stepped foot on European soil since the international criminal court issued an arrest warrant for him over allegations of war crimes in Gaza. Hours after the ICC announced the warrants in November, Hungary’s prime minister, Viktor Orbán, made it clear he would defy the court to host Netanyahu, telling reporters that he would “guarantee” the ICC’s ruling would “have no effect in Hungary”. Hungary has been a signatory of the ICC since the court was launched more than two decades ago, signing on to the requirement to arrest and hand over anyone facing a court warrant if they set foot in the country. In recent days, sources in Orbán’s government have reportedly floated the possibility of withdrawing from the court. The visit takes place as Netanyahu has said Israel is “seizing territory” and intends to “divide up” the Gaza Strip two weeks after it ended...

Dr Kelvin Alaneme: Nigerian Doctor Defrauded Migrants, Job Seekers - Crime

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  How Nigerian Doctor Defrauded Desperate Migrants, Job Seekers Of Millions Of Naira In UK Relocation Scam —Report He said each job vacancy secured from a UK care home was worth £2,000 ($2,600), with an additional £500 ($650) commission. Many unsuspecting Nigerians dream of relocating to the United Kingdom for a better life, but fraudulent agents exploiting the UK’s Health & Care Worker visa scheme have turned this dream into a nightmare. In an undercover investigation, BBC Africa Eye exposed Dr Kelvin Alaneme, a Nigerian doctor and founder of CareerEdu, who has been running a fraudulent operation, charging desperate job seekers exorbitant fees for non-existent jobs in the UK care sector. Secret recordings by the BBC captured Dr. Alaneme boasting about his operation. Believing he was speaking to a potential business partner in the UK care industry, he offered her a role in his network, saying: “Just get me care homes. I can make you a millionaire.” He said each job v...

Man Who Sold Land And Moved Abroad With ₦‎18 Million Discovers He Was Scammed - Crime

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  A man has shared the painful story of how he was scammed by immigration agents who promised him jobs abroad https://www.youtube.com/watch?v=191CuNRGoos The man spoke in a video posted by the BBC African Eye, noting that part of the money he used to travel belonged to his parents He said he spent N18 million only to arrive in the UK and there was no job for him as the agent lied to him before he left Nigeria A man who relocated abroad has shared how immigration agents scammed him out of millions of naira. The man had moved to the UK carrying the hopes and aspirations of his family members, but his desire to make has been frustrated. The man said part of the money he used to travel abroad was given to him by his parents. The man’s story was shared as part of the broader immigration scam investigation conducted by the BBC. Man scammed of N18 million cries out According to the man identified as Harry, he resigned from his job before relocating to the UK. He sold his properties, ...

Nigeria Recognises Cryptocurrencies As Securities In Landmark Legal Shift - Business

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  Nigeria’s new capital market laws now officially classify cryptocurrencies and other virtual assets as securities for the first time, in what would lead to greater transparency and increased investments. President Bola Tinubu recently assented to the Investments and Securities Act (ISA) 2024, which repeals the Investments and Securities Act No. 29 of 2007. The Act explicitly recognises virtual/digital assets and investment contracts as securities and brings Virtual Asset Service Providers (VASPs), Digital Asset Operators (DAOPs) and Digital Asset Exchanges under the SEC’s regulatory purview. This means businesses dealing in digital assets must register with the SEC and comply with its guidelines, a crucial step in curbing fraudulent activities in the digital space while fostering trust and innovation in blockchain technologies. Emomotimi Agama, Director-General, SEC, who lauded the bold move as a transformative step for the capital market said the new law will boos...

Why Tinubu Sacked Kyari, NNPCL Board – Officials - Politics

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  Stephen Angbulu, Damilola Aina, Dare Olawin and Dele Ogunyemi President Bola Tinubu’s decision to sack Mele Kyari and other board members of the Nigerian National Petroleum Company Limited stems from mounting concern over performance and a failure to meet key production targets , Presidency officials have disclosed. In an abrupt move on Wednesday, Tinubu removed Kyari, who had been at the helm of the national oil company since 2019, as part of a broader overhaul, which the Presidency said was aimed at boosting Nigeria’s crude and gas output. “President Tinubu removed all other board members appointed with Pius Akinyelure and Kyari in November 2023,” Tinubu’s Special Adviser on Information and Strategy, Bayo Onanuga, said in a statement in the early hours of Wednesday. Consequently, he appointed Bashir Ojulari as the new Group CEO, effective from April 2, 2025. “The new 11-man board has Bayo Ojulari as the Group CEO and Musa Ahmadu-Kida as non-executive chairman,” the sta...

Welcome To Asaba Waterfront City Project (Pictures, Video) - Travel

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  Delta govt approves devt of Asaba waterfront, earmarks N1.1bn as compensation Delta Government has approved the development of the Asaba waterfront project with the construction of a six-lane road along the waterfront and has earmarked about N1.1 billion as compensation. The State Commissioner for Information, Mr Charles Aniagwu, disclosed in a chat with newsmen on some of the decisions taken at the State Executive Council meeting held in Government House Asaba. https://www.vanguardngr.com/2023/04/delta-govt-approves-devt-of-asaba-waterfront-earmarks-n1-1bn-as-compensation/amp/ Project Site: https://awcnigeria.com/ Re: Welcome To Asaba Waterfront City Project (Pictures, Video) by endsarrrs ( f ): 10:58am On May 14 , 2023 Beautiful Welcome To Asaba Waterfront City Project (Pictures, Video) I hope this project will motivate anambra state government to do something for Onitsha too. Welcome To Asaba Waterfront City Project (Pictures, Video)   Asaba Waterfront City i...