The Trump administration announced Wednesday that it will dictate decisions to Venezuela’s interim leaders and oversee the country’s oil sales “indefinitely” following the removal of President Nicolás Maduro. White House Press Secretary Karoline Leavitt said the United States currently has “maximum leverage over the interim authorities in Venezuela” and will continue to coordinate closely with…
A Japanese nuclear regulator employee has lost a work-issued smartphone, possibly in China, containing a confidential list of staff contacts, officials and local media reported. The incident, which came to light this week, occurred amid heightened tensions between Tokyo and Beijing following Japanese Prime Minister Sanae Takaichi’s November remarks that Japan might respond militarily if…
BY Ayomide Otitoju U.S. oil companies are seeking strong legal and financial guarantees from the Biden administration before committing major investments in Venezuela, even as President Donald Trump pushes them to support his plan to reshape global energy markets and help revive Venezuela’s oil industry, the Financial Times reported.The talks underline a growing divide between…
By Ayomide Otitoju Shell has agreed to acquire stakes in two undeveloped ultra-deepwater offshore blocks in Angola from Chevron, the European energy company said on Tuesday. In a statement, Shell disclosed that it had signed a farm-in agreement with Cabinda Gulf Oil Company Ltd, a subsidiary of Chevron, to obtain a 35 per cent interest…
By Ayomide Otitoju Electricity Distribution Companies (DisCos) recorded modest operational improvements in the third quarter of 2025, with tariff collection efficiency rising to 80.7 per cent, according to the latest report released by the Nigerian Electricity Regulatory Commission (NERC). The regulator said the 4.63 percentage point increase in collection efficiency reflects gradual gains in revenue…
By Ayomide Otitoju APO Group, a leading pan-African communications consultancy and press release distribution service, has congratulated its clients and partners named on New African magazine’s 2025 “100 Most Influential Africans” list. Among those recognised are Afreximbank, the African Development Bank (AfDB), Africa Finance Corporation, the Roman Catholic Church in Africa, the Africa Centres for…
By Ayomide Otitoju TECNO Mobile, in collaboration with TikTok Live and CAF, held the TECNO Glory Night Awards, honoring pan-African Key Opinion Leaders (KOLs) whose creativity was amplified through TECNO AI. The event coincided with the launch of TECNO’s “Power Your Moment” campaign during AFCON, which inspired a surge of innovative content across the continent….
By Ayomide Otitoju The Anambra State Government has dismissed claims of impropriety in the award of a contract for the construction of gates at General Hospital, Okpoko, and Specialist Hospital, Fegge, following a report by Sahara Reporters. In a statement released by the state’s Commissioner for Information, Law Mefor, the government clarified that the contract…
By Ayomide Otitoju The Minister of Power, Adebayo Adelabu, has clarified that the alleged ₦128 billion in missing public funds referenced by the Socio-Economic Rights and Accountability Project (SERAP) occurred before his appointment. SERAP had urged President Bola Tinubu to direct the Attorney General and Minister of Justice, Lateef Fagbemi (SAN), along with relevant anti-corruption…
