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Oando Acquires Oil Block In Angola

Oando Plc  Favour Ifeoluwa & Akinola Ajibade  Oando Plc  says it has completed and won the bid for the operatorship of oil block KON 13 in Angola. The firm which recently acquired Eni of Italy’s oil assets in Nigeria, said that the award of the oil block located in Angola’s onshore Kwanza Basin followed a competitive bidding process by the country’s oil and gas sector regulator. It further said hat the asset in which it owns 45 per cent participating interest, has estimated prospective resources of 770 to 1,100 million barrels of oil. Oando is handling its operations relating to the asset through its upstream subsidiary, Oando Energy Resources (OER). “Oando Plc,  Africa’s leading indigenous energy solutions provider listed on both the Nigerian Exchange Limited and Johannesburg Stock Exchange is pleased to announce that its upstream subsidiary, Oando Energy Resources (OER), has been awarded operatorship of Block KON 13 in Angola’s Onshore Kwanza Basin, following a...
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EFCC Arrests 50 Yahoo Suspects In Ilorin


By Favour Ifeoluwa & Akinola Ajibade


Operatives of the Economic and Financial Crimes Commission, EFCC,  have arrested 48 students of the Kwara State University, KWASU, and two residents of Malete over offences bordering on Internet fraud popularly referred to as yahoo-yahoo. 

The Commission attributed the arrest to intelligence reports that yahoo-yahoo business in the state, especially  campuses are increasing by the day. 

It upon discrete investigations, deployed operatives to the school's campus in order to arrest the suspects on Wednesday, February 21, 2024.

They are;Idris Yekini, Ayantola Segun, Adeshina Taheeb, Mustapha Alamin, Usman Harun, Oladimeji Oseni, Qudus Temitope, Adewunmi Israel, Lukman Uthman, Alamin Ibitoye, Usman Sadiq, Musbau Waris, Ibrahim Oluwatosin, Oladele Israel and Rafiu Ashimu.

Also arrested are;Aransiola Oluwaseun, Akolade Adetola Toheeb, Joseph Samuel, Adewuyi Quadri, Adebayo Olamilekan, Ogunride Gabriel, Abolaji Ismail, Ogundele Samuel Ejiro, Musa Ali Olawale, Isah Oluwatumishe, Abdullahi Abdulmajib, Abdulralman Abubakar, Olaosebikan Martins, Mazeed Ayomide, Oyeniyi Michael, Moses Bright, Oladipo Victor, Shehu Abdugafar, Abdulmalik Khalid Timileyin, Muhammad Nabil, Adebayo Qudus and Owoeye Adeyanju.

Others are;Abdulwaheed Zakariyah, Olaleye Gbenga, Victor Kayode, Samad Olarewaju, Raheem Ayomide, Ismail Abdulbasit, Oluyedun Khalid, Moshood Lawal, Utman Abayomi and Aransiola Joshua, while the two residents of Malete are Babalola Razaq and Godwin Ouna Ejika.

Items recovered from the suspects include nine (9) exotic cars, twenty-four (24) laptops, and different brands of phones.

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