DROK ENERGY JOURNAL: SEPLAT First Quarter Pre-tax Profit by Dr Wole Kupolokun

It seems the low crude oil prices and pipeline persistent pipeline vandalism in Nigeria have had a tremendous effect on SEPLAT. Reuters notes that the company posted a 47 percent drop in first quarter pre-tax profit. The oil and gas exploration firm said its oil price during the first three months to end-March averaged 52.8 per barrel, booking a p ...

DROK ENERGY JOURNAL: OTC 2015 By Dr Wole Kupolokun

The collapse of the job market for the oil industry as-well as currently low oil prices led to low attendance numbers for the 2015 OTC at NRG Park Houston. According to Fuelfix.com, attendance fell 12.5 percent this year to 93,400, from a record 108,300 attendees in 2014. The 2015 total is the lowest since 2012, when 89,400 attendees came to the co ...

Exclusive: I Haven’t Had Sex For 3 Years—Yoruba Actress, Omotunde Ogundimu

Remember the Yoruba actress, Omotunde Ogundimu, who was down with fibroid some months and had to undergo surgery to remove it? Well, the lovely actress has since bounced back and is even looking full of life.She was at an event held recently in Lagos, where Nigeriafilms.com crossed her for some questions. How have you been since t ...

Don’t Be Surprised Seeing Me With Bible—Stella Damasus

Stella Damasus is one star in Nollywood that is now seen as controversial. Her relationship with Daniel Ademinokan has not even helped matters. Even though she has claimed that what is between them is purely business, her critics have found it very difficult to believe.Few days ago, she was at the pool side with the Bible, which she admitted ra ...

Ace Comedian, ‘I Go Save’ Pays Hospital Bills Of 20 Kids

The month of May seems to be dedicated for giving, going by the number of celebs that have shown their philanthropic sides. Not too long ago, Nollywood actress, Halima Abubakar, through her foundation, donated some gift items to an orphanage home in Kogi State alongside music stars, Jaywon and YQ.Latest information has it that ace comedian, ...

Man Kills Lover Over Bride Price

Out of frustration and his inability to pay the bride price of his baby mamas family, an ex-vigilante boss, Uche has allegedly killed her and abandoned the woman he once claimed to love dearly.Trouble started when the suspect was refused custody of his child without paying the requested money to the deceaseds family.An embittered Uche cla ...

Apostle Madubuko Welcomes New Baby (Photos)

There is so much joy and happiness in the household of the General Overseer of Revival Assembly Church, Apostle Anselm Madubuko, as his eldest daughter, Velma Williams, who got married in 2012 to Charles Williams, welcomed a daughter few days ago in the United States of America USA.This new development has made the popular man of God a first ...