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NNPCL Refutes Port Harcourt Refinery Explosion, Confirms Minor Fire

By Ayomide Otitoju The Nigerian National Petroleum Company Limited (NNPCL) has debunked reports of an explosion at the Port Harcourt Refining Company (PHRC), clarifying that a minor fire incident occurred but was swiftly contained. In a statement on Wednesday, NNPCL spokesperson Olufemi Soneye reassured Nigerians that the plant remains operational and continues to produce refined…

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Markets Sink as Israeli Strikes Intensify, Gold Hits Record

Global financial markets tumbled on Tuesday as escalating Israeli airstrikes on Gaza heightened geopolitical tensions, triggering a broad selloff on Wall Street and pushing gold prices to record highs. The downturn coincided with a crucial U.S. Federal Reserve meeting, where policymakers convened amid growing economic uncertainty. According to Reuters, the latest Israeli missile strikes have…

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PDP Rejects Tinubu’s Rivers Emergency, Cites Unconstitutionality

By Ayomide Otitoju The Peoples Democratic Party (PDP) has strongly rejected the imposition of a state of emergency in Rivers State, asserting that President Bola Tinubu lacks the constitutional authority to suspend the democratically elected governor, Siminalayi Fubara. In a statement on Tuesday, PDP spokesman Debo Ologunagba described the proclamation as unconstitutional and a violation…

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