Jonathan: Buhari Targeted My Aides After 2015, Adoke Was Hunted Over OPL 245 Oil Deal

Former President Goodluck Jonathan has said that key officials in his administration were targeted and hunted by the administration of President Muhammadu Buhari shortly after he left office in 2015. Jonathan made this known in Abuja on Thursday during the public presentation of a memoir titled “OPL 245: Inside Story of the $1.3bn Nigerian Oil Block,” authored by Bello Adoke, former Attorney-General of the Federation and Minister of Justice. Represented by ex-Senate President Pius Anyim, Jonathan said the OPL 245 saga was one of the many instruments used to persecute his former aides, with Adoke becoming a global target despite only implementing a presidential directive in the controversial oil deal. “Shortly after my tenure ended in 2015, the succeeding government launched what many saw as a manhunt against key officers of my administration,” Jonathan stated. “Adoke was hunted across the globe. But today, he is alive, he is healthy, and he is here to tell his story.” The OPL 245 case, widely known as the Malabu Oil scandal, involved the sale of a lucrative oil block to Shell and Eni in 2011 for $1.3bn. Allegations later surfaced that $1.1bn of the payment was diverted through intermediaries as bribes to officials and politicians. Adoke, who faced international and local prosecution under the Buhari administration, was eventually discharged and acquitted by courts in Nigeria and abroad. Speaking at the event, Adoke said the book was written not to attack individuals but to set the record straight and provide clarity about his role in the matter. He said he had forgiven all those involved in his ordeal, including former EFCC Chairman Ibrahim Magu, who later apologised. “This book is not written to denigrate anyone. It is meant to set the record straight and offer my account of what transpired,” Adoke said. He alleged that President Buhari’s pursuit of the case was largely influenced by a sense of revenge on behalf of the Abacha family, who had originally been awarded the oil block in 1998. Adoke lamented the massive public resources expended on his prosecution and expressed concern that Nigerian prosecutors who allegedly lied under oath were never held accountable. Vice President Kashim Shettima, who also spoke at the launch, praised Adoke’s forgiveness and described him as a man of conviction. “I admire Adoke for standing by his convictions. He was not praised — he was mocked — and still came out stronger,” Shettima said. Revealing how Adoke once stood up for the rule of law, Shettima shared a personal story of how Jonathan once considered removing him as Borno State Governor, but Adoke advised against it, saying the President lacked such constitutional powers. “That was the beginning of my lifelong bond with Adoke and Tambuwal,” Shettima added. Oyo State Governor Seyi Makinde commended Adoke for uniting political rivals at the book launch and stressed the importance of preserving national history through honest storytelling. Makinde noted that OPL 245 contains over nine billion barrels of crude oil, making the block a highly strategic national asset. Former Senate President Bukola Saraki and ex-Kaduna Governor Nasir El-Rufai also lauded Adoke’s courage. El-Rufai particularly stressed that memoir writing must become a norm among public officials. “We should actually thank Adoke for helping to stabilise democracy in 2015. Instead, he was persecuted,” El-Rufai said. He urged leaders in power today to remember that “everyone’s turn will come.” The event brought together politicians from across Nigeria’s political spectrum, reflecting the broad influence and legacy of Adoke’s career — and his turbulent journey through one of Nigeria’s most contentious oil scandals.

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GTCO Becomes First West African Financial Institution Listed on London Stock Exchange

Guaranty Trust Holding Company Plc (GTCO) made financial history on Thursday by becoming the first West African financial institution to list its shares on the London Stock Exchange (LSE), while maintaining its existing listing on the Nigerian Exchange Limited (NGX). The dual listing, celebrated at a formal event at the LSE in London, marks a major milestone for the company and Nigeria’s capital market, as GTCO transitions from its earlier Global Depository Receipt (GDR) structure to a full secondary listing of ordinary shares on the LSE’s main market. In a notice to the NGX, GTCO confirmed that its entire issued share capital of 36.4 billion shares has been admitted to the UK Financial Conduct Authority’s Official List and is now trading on the LSE. The company also launched a public offer of 2.29 billion ordinary shares at N70 per share, with proceeds targeted at raising $100 million in international capital. Segun Agbaje, Group CEO of GTCO, said the listing will allow investors access to the “best of both worlds,” combining African growth potential with international liquidity and visibility. “We have delisted the GDR and listed our ordinary shares, which gives us a strategic backroom to return to the London Stock Exchange for future capital raises,” Agbaje said. “This is about unlocking Africa’s potential on the world stage.” Agbaje added that proceeds from the fundraising would support GTCO’s expansion in African markets and help deliver stronger returns to both local and global shareholders. Tom Attenborough, Head of International Primary Markets at the LSE, described the moment as a “welcome back” for GTCO, noting its pioneering role in listing GDRs on the exchange back in 2007. “Eighteen years later, you are now the first West African bank to dual-list shares on the LSE and NGX, continuing to blaze a trail for African finance,” Attenborough said. Jude Chiemeka, CEO of the Nigerian Exchange (NGX), praised GTCO’s high standards of corporate governance and called the listing a win for both the company and Nigeria. “GTCO’s move enhances capital access, liquidity, and visibility while positioning Nigeria as a serious player in global finance,” he said. “This puts Africa in a positive spotlight.” Lanre Buluro, Managing Director at Chapel Hill Denham and GTCO’s Nigerian transaction adviser, said the development is transformational for Nigeria’s capital market. With the new share listing, GTCO’s total issued and fully paid-up shares now stand at 36,425,229,514 ordinary shares of 50 kobo each. The listing is expected to boost foreign investor confidence, deepen liquidity, and open up further pathways for Nigerian corporates to access international capital markets.

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AC Milan in Talks to Sign Victor Boniface

Milan are in talks with Bayer Leverkusen’s Victor Boniface. The Nigerian came close to leaving his Bundesliga club in January after reaching an agreement to join Saudi Pro League side Al-Nassri, but they instead opted to sign Jhon Duran. Bayer Leverkusen would have collected around €60m to sell Boniface to Al-Nassr in January and although no figures have been mentioned regarding Milan’s finances, the 24-year-old holds a Transfermarkt value of €40m. But as reported last month, Bayer Leverkusen appear open to selling Boniface this summer and hope to receive around €50m. Speaking to Bild, Emefie Aneke Atta, agent of Boniface, said: “Victor has ended the season after his trip to the national team. He’s on vacation now, will train hard during his vacation, and then return for preseason. There’s a new coach, a new setup, but still a very good team that’s back in the Champions League. Victor and I have never discussed a transfer.” As reported by Tavolieri, Boniface has opened the door to a permanent move’ to Milan. It’s also unclear as to how the former Union SG forward features in Erik ten Hag’s plans with the Dutchman’s preferred No. 9 being Patrik Schick, while the club are working on a deal for Christian Kofane.

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Flying Eagles Hold Hosts Ghana to Draw in WAFU B Opener

The Flying Eagles and Ghana’s Black Satellites stifled one another to a 1-1 draw in their opening match of the 2025 WAFU B U20 Boys Tournament at Ghana’s Centre of Excellence in Prampram on Thursday. The Black Satellites took the lead in the 26th minute, with Captain Musbau Azeez finding the back of the net. Thereafter, the Flying Eagles faced significant pressure from their opponents, resulting in a yellow card issued to their captain, Daniel Bameyi, for a hard tackle in the 33rd minute. Despite increasing pressure from the Flying Eagles in the latter stages of the first period, the Black Satellites took their one-nil advantage into the dressing room at recess. Nigeria’s appeal for a penalty in the 66th minute was dismissed by the referee. Subsequently, a free kick taken by defender Odinaka Okoro in the 76th minute narrowly missed the target, as the Flying Eagles went all out for the leveller. As the match approached its conclusion, the Flying Eagles intensified their efforts, culminating in a corner kick awarded in the 84th minute. Mohammed Abdulahi scored with an impressive header to ensure a stalemate in the scoreline.

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Mission X: Super Falcons Qualify for 2024 WAFCON Quarter Finals

Nigeria’s campaign for a 10th continental title at the 13th Women Africa Cup of Nations plodded frontally on Thursday after the Super Falcons bagged all three points against their counterparts from Botswana to reach the competition’s quarter finals. Mexico-based Chinwendu Ihezuo, scorer of the third goal in the 3-0 rout of Tunisia on Sunday, stretched her left leg adroitly to connect from a great pass by Esther Okoronkwo and give Nigeria the day from a largely-scrappy encounter in Casablanca. Refilwe Tholakele indicated early on that it was not going to be an all-Nigeria evening, as her fierce shot from a bold move from the Southern Africans rattled goalkeeper Chiamaka Nnadozie, who had to make a second save as the ball spilled. Botswana threw women in numbers behind the ball as they opted for damage limitation, and nearly came out in flying colours as captain Rasheed Ajibade, Asisat Oshoala, Toni Payne and Rinsola Babajide could find no thoroughfare to the goal-line. Midway into the first stanza, attack-minded defender Ashley Plumptre surged forward again but missed a good chance from Ajibade’s pass. Eleven minutes later, Payne skyrocketed when clear on goal from another cross from the right. The scrappy nature was the same in the second half, with the opposition stifling play with numbers in midfield and defence. Substitute Ihezuo headed over the bar in the 48th minute and the energetic Plumptre saw her tricky shot heaved over the sticks by goalkeeper Maitumelo Bosija in the 64th minute. Substitute Jennifer Echegini came close with a snapshot in the 71st minute, and then called upon the agility of South Africa-based Bosija with an angled shot in the 82nd minute. The Mamelodi Sundowns goalkeeper was finally beaten with a minute left in regulation time, when Okoronkwo foxed the Botswana rearguard before a well-placed pass that Ihezuo converted for all three points. The Super Falcons will take on Algeria in their last match of group B on Sunday evening, at the same Larbi Zaouli Stadium.

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US, Russian Top Diplomats Hold Talks on Ukraine, Syria, Iran at ASEAN Summit

US Russian Top Diplomats Hold Talks on Ukraine Syria Iran at ASEAN Summit

Malaysia – In a rare diplomatic engagement, U.S. Secretary of State Marco Rubio and Russian Foreign Minister Sergey Lavrov met on the sidelines of the ASEAN Foreign Ministers’ Meeting on Thursday to discuss global conflicts including Ukraine, Syria, and Iran. The Russian Foreign Ministry described the 50-minute meeting as a “substantive and frank exchange,” noting both parties expressed interest in de-escalating tensions and restoring diplomatic channels. “Lavrov and Rubio confirmed their mutual desire to find peaceful solutions to conflicts, restore Russian-American economic and humanitarian cooperation, and facilitate unimpeded contacts between the societies of the two countries,” the ministry stated. Rubio, addressing reporters after the session, said he delivered a direct message about the urgency of ending the war in Ukraine. “We need to see a roadmap moving forward about how this conflict can conclude,” Rubio said, adding that President Donald Trump remains “disappointed” with Moscow’s stance and lack of flexibility. He also hinted at a possible meeting with his Chinese counterpart, Wang Yi, during the summit. The ASEAN forum remains one of the few platforms where top officials from rival powers maintain dialogue, with global eyes now focused on whether the Rubio-Lavrov meeting leads to further diplomatic progress.

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Iran Demands End to IAEA Double Standards Before Nuclear Talks Resume

Iranian President Masoud Pezeshkian has warned that Tehran will not resume cooperation with the International Atomic Energy Agency (IAEA) unless the UN nuclear watchdog addresses what he described as “double standards” in its approach to Iran’s nuclear program. In a phone call on Thursday with European Council President Antonio Costa, Pezeshkian said Iran’s future cooperation with the agency would depend on it acting with impartiality — a demand linked to the IAEA’s silence following recent attacks on Iranian nuclear facilities by the United States and Israel. “The continuation of Iran’s cooperation with the agency depends on the latter correcting its double standards regarding the nuclear file,” Pezeshkian said, according to Iranian state media. He also issued a strong warning against further aggression, stating, “Any repeated attack against Iran will be met with a more decisive and regrettable response.” Backdrop: June Conflict with Israel and U.S. Tensions escalated in mid-June after Israel launched a series of airstrikes targeting Iranian military and nuclear sites, which were followed by U.S. bunker-buster bombings. In retaliation, Iran launched drone and missile attacks on Israel and a U.S. base in Qatar, prompting a 12-day conflict that ended with a fragile ceasefire declared by President Donald Trump. In the aftermath, Pezeshkian signed a law suspending Iran’s cooperation with the IAEA. The agency confirmed that its inspectors have now left Iran, marking a serious breakdown in international nuclear oversight. Iran Alleges IAEA Complicity Iran has accused the IAEA of enabling the attacks by adopting a resolution on June 12 that accused Iran of breaching its nuclear commitments — just one day before the strikes. Tehran claims the agency’s actions showed alignment with Western political pressure and failed to uphold neutrality. “Despite remaining a signatory to the NPT [Treaty on the Non-Proliferation of Nuclear Weapons], we no longer trust the IAEA to act impartially,” an Iranian foreign ministry source told local media. Global Reactions IAEA Director General Rafael Grossi said talks with Iran remain a “top priority” and expressed hope for a return to monitoring “as soon as possible.” But he acknowledged the agency has had no access to Iranian facilities since the conflict. Meanwhile, U.S. State Department spokesperson Tammy Bruce called Iran’s withdrawal from cooperation “unacceptable,” insisting: “Iran cannot and will not have a nuclear weapon.” Bruce urged Tehran to “reverse course and choose a path of peace and prosperity,” despite no conclusive U.S. intelligence indicating Iran is pursuing a bomb. BRICS Blasts U.S.-Israel Actions The BRICS bloc of emerging economies on Sunday condemned the U.S.-Israel bombardments of Iran as a “blatant breach of international law.” Iran welcomed the statement, linking the ongoing Gaza war and regional instability to global impunity enabled by Western powers. The situation now raises serious concerns over the future of the Iran nuclear deal, regional stability, and the credibility of multilateral institutions like the IAEA.

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Gov. Makinde’s Magic Wand Has Transformed Oyo into Economic Hub -Commissioner

Oyo State Commissioner for Public Works, Infrastructure and Transport, Hon. Abdulmojeed Olawale Mogbonjubola, has said that the administration of Governor ‘Seyi Makinde has transformed the state into a new economic hub in the South-West. He said that through the delivery of high-impact, durable and cross-functional roads and hydraulics and the implementation of policies towards the improvement of the transport sector, the government has transformed the state into an investors’ destination. Mogbonjubola, who stated this at the Omituntun 2.0 Inter-Ministerial Press Briefing held at the Governor’s Office Briefing Room, said Governor Makinde can be described as the Master Builder of modern Oyo State, as his vision to build an economically vibrant and aesthetically delightful state that will be a preferred destination for all and sundry has become a reality. Noting that Makinde’s popular mantra, where roads go development follows, has been justified by the high volume of businesses and investments coming into the state, the Commissioner said that the administration has, in the last two years of Omituntun 2.0, delivered 368.9 kilometres of roads, building on the enviable foundation it laid during the governor’s first term by building roads that connect all zones of the state and improving inner roads. He said that of all the ongoing road projects in the state, the 110 kilometres Ibadan Circular Road, named after former Governor Rasidi Ladoja, stands out as the star project, noting that the 32km first phase of the project known as the South-East Wing, running from the Lagos-Ibadan Expressway to Badeku Village on Ibadan-Ile Ife Expressway, would be delivered before the end of the year. He said: “One of the greatest road construction projects in the state at the moment is the Ibadan Circular Road Project. We have that assurance that by the time we have the Circular Road in place, the traffic that normally builds up around the Iwo Road Interchange and some other economic hubs of the metropolis would have been eliminated. “What the Circular Road is doing for us is that it will be a one-stop shop for economic development. It is going to be the first motorway in Nigeria and it will have a corridor. At the corridor, we will have world class estates, both residential and industrial. “It has an entire span of 110 kilometres with four segments. The first segment is the South-East segment spanning from Abiola Ajimobi Technical University to Badeku Village on Ibadan-Ile Ife Expressway. At the moment, the state government is doing the asphalt pavement of that segment. We have achieved like 70 per cent completion of that South-East Wing. The work on that segment is being carried out by two contractors. Messrs Craneburg Construction Ltd is working on Lot 1, while Messrs Kopek is working on the second lot of that segment. “By the end of this year, the first 32 kilometres of the entire 110km will be commissioned, because at the moment, we have achieved 70 per cent of progress on the 32 kilometres first segment.” Speaking on the sustainability of the Circular Road project, Mogbonjubola added, “the Ibadan Circular Road is a world-class project. We should not be doing any major maintenance on the project in the next 20 years. But the major path to that sustainability is that the project will be tolled. “At the Tech-U entrance, we would put a weighbridge and a tolling pad. The maintenance will be concessioned. The governor has said that it is the first motorway in Nigeria. There will be about three to four entrances and they will be tolled.” The Commissioner also addressed the issue of the rising cost of the project, stating that the project cost had to be reviewed because when it was first awarded, the exchange rate was N340 to a US dollar as opposed to the present where a dollar is about N1,540. He added that the government has also completed 95 per cent of bush clearing on the second segment of the project, which is the 39km North-East Wing, running from Badeku Village to Molarere on Moniya-Iseyin Road axis, adding that the contract for the hydraulics, underpass, and overhead bridges has been awarded and the contractor is about moving to site. He said that the state would proceed with the clearing of the third and the fourth segments of the project. The Works Commissioner noted that apart from the Circular Road, the government has also achieved the asphaltic improvement of inner roads within the state, which according to him, has helped to improve the ease of doing business, reduced the man hour spent on transportation and also improved the economy of the state. Apart from road infrastructure, Mogbonjubola stated that the construction of bus terminals and the masterful handling of the transport system through the establishment of Park Management System have also culminated into Oyo State becoming more peaceful, saner and a desired hub for investors. The Commissioner also gave an update on the Iwo Road Mega Bus Terminal, saying that the contractor is putting final touches to the project, which is set to redefine the transport system of Ibadan, adding that the state has also begun to deploy technology towards making the transportation sector more orderly with the introduction of spike system to curtail one-way driving. Responding to questions on the Agbowo Shopping Complex, Mogbonjubola maintained that the state government has not lost focus on delivering the project, which he said would boost the economy of the state once completed, noting, however, that the right process must be followed to achieve desired results. The Commissioner equally pointed out that apart from the road projects; the state government has also been working on the construction of new buildings at the Oyo State High Court Complex, among other projects. The Works Commissioner attended the briefing with the Coordinating Director of the Ministry, Engr Rauf Amao and Director of Highways, Engr Fadare Gbeminiyi.

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