FAKE NEWS: Fubara did NOT Order Shutdown Of NNPC Operations In Rivers

Some social media reports have alleged that Sim Fubara, governor of Rivers, has shut down operations of the Nigeria National Petroleum Corporation (NNPC) in the state. The report also alleged that Fubara directed his loyalists to destroy pipelines transporting crude oil to Lagos and Abuja. Olufemi Soneye, NNPC chief corporate communications officer, debunked the information…

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FLASH: Tony Elumelu Gets International Monetary Fund, IMF Appointment

The International Monetary Fund (IMF) has appointed Tony Elumelu, founder and group chair of Heirs Holdings, to its advisory council on entrepreneurship and growth, convened by Kristalina Georgieva, IMF managing director. The entrepreneur’s appointment was announced in a statement on Friday. The IMF advisory council comprises global business leaders, policymakers, and academics, dedicated to identifying…

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