British energy giant Shell is planning to cut hundreds of jobs from its oil and gas exploration division as part of a broader cost-cutting initiative announced last year, according to a source familiar with the matter. The job cuts will target two units specializing in hydrocarbon exploration and development, with a 20% workforce reduction expected….
An Abuja High Court, presided over by Justice M. M. Adamu, has ordered the Independent National Electoral Commission (INEC) to recognize Chris Imumolen as the National Chairman of the Accord Party. This ruling is effective pending the hearing and determination of a lawsuit filed by Imumolen and 12 other party officials against Maxwell Mgbudem and…
By Ayomide Otitoju The Democratic Republic of the Congo (DRC) has reported over 18,000 suspected cases of mpox this year, leading to 629 deaths, according to the World Health Organization (WHO). The outbreak is particularly severe in the eastern provinces of North and South Kivu, where a new clade 1b strain has emerged, accounting for…
By Ayomide Otitoju Lagos State Governor, Mr Babajide Sanwo-Olu, has called on young people, especially the recipients of the Silver Award from the International Award for Young People Nigeria, to remain focused and strive for excellence as they work towards achieving a greater tomorrow. Addressing the awardees at the Silver Award Presentation Ceremony and the…
By Ayomide Otitoju The first set of beneficiaries of the Lagos Home Ownership Mortgage Scheme (LagosHOMS) have successfully completed their 10-year payment obligations, officially gaining full ownership of the properties allotted to them by the Lagos State Mortgage Board in 2014. At a ceremony held on Thursday at NECA House in Ikeja, Governor Babajide Sanwo-Olu…
Nigerian Super Eagles striker Victor Osimhen has declined a move to Chelsea Football Club, opting instead for a transfer to Saudi Arabian side Al Ahli. According to reports from Sky Sports Italy, Osimhen is set to sign a four-year deal with Al Ahli, with his current club, Napoli, expected to receive £67.3 million (€80 million)…
Cristiano Ronaldo has been named in Portugal’s squad for next month’s UEFA Nations League matches against Croatia and Scotland, despite a subdued performance at Euro 2024. The 39-year-old, who failed to score during the tournament as Portugal bowed out in the quarter-finals, continues to enjoy the confidence of coach Roberto Martinez. Ronaldo, appearing in his…
The Federal Competition and Consumer Protection Commission (FCCPC) has issued a one-month ultimatum to traders and market stakeholders involved in exploitative pricing to reduce the prices of goods or face enforcement actions. This directive was announced by the Executive Vice-Chairman of the FCCPC, Tunji Bello, during a one-day stakeholders’ engagement on exploitative pricing in Abuja…
At the 8th Annual General Meeting of BUA Cement Plc on Thursday, Chairman Abdulsamad Rabiu disclosed how cement dealers thwarted the company’s efforts to reduce cement prices to ₦3,500 per bag last year. Rabiu lamented that profiteering by the dealers, along with economic challenges, undermined the initiative. Rabiu explained that BUA Cement had aimed to…
