Author: Prima News

AMNI International Petroleum Development Company Limited (“AMNI” or “the Company”) has become aware of media reports suggesting that a Receiver-Manager has been appointed over the Company. AMNI wishes to clarify that this characterization is inaccurate and materially misleading.The order made by the Federal High Court does not appoint a Receiver-Manager over AMNI. Rather, the order, as drawn, relates to a limited appointment as Administrator for defined purposes connected to an alleged indebtedness. Any representation that a receivership has been established or that full managerial control of AMNI has passed is incorrect. The scope, validity, and effect of the said appointment…

Femi Otedola has congratulated Aliko Dangote on the achievement of the Dangote Petroleum Refinery reaching its full 650,000 barrels per day production capacity. In a statement shared on his verified X account, Otedola said the refinery’s ability to supply up to 75 million litres of Premium Motor Spirit (PMS) daily marks a structural shift in Nigeria’s energy landscape and could significantly reduce pressure on the foreign exchange market. According to him, domestic refining at scale after decades of import dependence has the potential to conserve substantial foreign exchange previously allocated to petroleum product imports. He expressed optimism that sustained local…

El-Rufai has alleged that Uba Sani and Nuhu Ribadu plotted his ‘abduction’ over DSS Airport Incident. NewsOnline Nigeria reports that Former Kaduna State Governor, Nasir El-Rufai, has alleged that his successor, Governor Uba Sani, and the National Security Adviser, Nuhu Ribadu, held a meeting where it was decided that he should be “abducted.” El-Rufai made the claim on Friday during an appearance on Prime Time, a programme on Arise Television. His comments come a day after operatives of the Department of State Services (DSS) reportedly attempted to arrest him at the Nnamdi Azikiwe International Airport, Abuja. According to the former…

The United States has threatened to impose tariffs on any country providing oil to Cuba, increasing pressure on the island nation following a decades-long trade embargo and the US seizure of Venezuela’s leader Nicolás Maduro last month.Venezuela had been the main supplier of oil to Havana but Washington has been ratcheting up pressure on Cuba in recent weeks, including an executive order last Thursday threatening to impose additional tariffs on countries that sell oil to Cuba, including Mexico.“I can tell you that the Secretary-General is extremely concerned about the humanitarian situation in Cuba, which will worsen, and if not collapse, if…

Nigerian skit maker, Adebowale Adebayo popularly known as Mr. Macaroni has reacted to the video of kids recreating his popular ‘Daddy Wa’ skits. The young content creators wore adult-like attire in the video, portraying Mr. Macaroni’s ‘sugar daddy’ character, along with the roles of a potential lover and his wife. Reacting to the video in a post on X, formerly Twitter on Tuesday, he advised parents and guardians alike to be mindful of how they allow their children to showcase their talents. “Dear parents and guardians, I understand the urge to want to make the most out of our uniquely talented children. I…

News » Premier League news » Chelsea newsFebruary 13, 2026 17:09 GMT (UK), by Sri Aswin Predicted Chelsea line-up vs Hull City tonight Chelsea will be aiming to return to winning ways when they face Hull City in the FA Cup fourth round tie. The Blues travel to the MKM Stadium for tonight’s encounter and ahead of the game, manager Liam Rosenior could make several changes.Formation: 4-2-3-1Predicted Line-up:Robert Sanchez is expected to continue in goal with Filip Jorgensen still on the sidelines with an injury.Reece James has returned to training after a brief illness. He looks likely to return in the right-back spot.It could…

Nigeria’s groundwater resources are under growing threat from declining water tables, pollution, overuse, and climate change, Prof. Idris-Nda Abdullahi of the Federal University of Technology (FUT), Minna, has warned. He called for urgent reforms by the government to protect and sustainably manage the nation’s aquifers. Prof. Abdullahi made the appeal while delivering the 119th Inaugural Lecture of FUT Minna on Thursday, 12 February 2026, at the University Auditorium, Main Campus. The lecture, titled “Invisible but Indispensable: Groundwater, Wells, and the Environmental Legacy We Must Build,” highlighted the vital role groundwater plays in sustaining human life, ecosystems, and economic development. He…

Beer-maker Nigerian Breweries Plc turned the tables on the negative earnings position it reported for 2024, following a phenomenal foreign exchange loss The brewer posted a net profit of N99.1 billion last year, aided by stable exchange rates. The local unit of Amsterdam-based Heineken NV took a hit from exchange rate volatility in 2024, when its reporting currency, the naira, depreciated sharply following a devaluation, setting it up for an N157.6 billion FX loss. That also forced the company, which relies on imports for 40 per cent of its input costs, to book an after-tax loss of N144.9 billion that…