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Chinese Investors May Acquire 51% Stake in PH, Warri Refineries News

Chinese Investors May Acquire 51% Stake in PH, Warri Refineries

NNPC Limited is reportedly considering a potential equity partnership that could give Chinese investors up to 51% stake in the Port Harcourt and Warri refineries under a rehabilitation and operational upgrade plan. The agreement, still non-binding, aims to boost efficiency, capacity, and long-term refinery sustainability through technical and financial collaboration.

May 22, 2026
Oyo Kidnap Carried Out by Dislodged JAS Terrorists — DHQ News

Oyo Kidnap Carried Out by Dislodged JAS Terrorists — DHQ

The Defence Headquarters says the Oyo school kidnapping was carried out by JAS terrorists displaced from other regions due to military operations, not ordinary criminals. It dismissed misinterpretations of its earlier comments, insisting troops remain active nationwide and are working with other agencies to dismantle terrorist networks and restore security.

May 22, 2026