NNPC posts ₦535bn June profit as revenue hits ₦4.39tn, AKK, OB3 gas projects near completion

By Seun Ibiyemi The Nigerian National Petroleum Company Limited (NNPC Ltd) posted a profit after tax of ₦535 billion in June 2026, representing a 15.8 per cent increase from the ₦462 billion recorded in May, as the national oil company sustained strong revenue performance despite a slight decline in crude oil production. The figures are…

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No tariff hike planned as FG launches fresh push to boost power supply, metering

By Seun Ibiyemi The Federal Government has dismissed reports of an imminent electricity tariff increase, assuring Nigerians that its immediate priority is to improve power supply through expanded metering, enhanced electricity generation and critical investments in transmission infrastructure. The Minister of Power, Joseph Olasunhanmi Tegbe, disclosed this on Friday during a media stakeholders’ session in…

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Boat operators seek more life jackets as NIWA pledges improved waterway safety

By Seun Ibiyemi The Association of Tourist Boat Operators and Water Transporters of Nigeria (ATBOWATON) has called on the National Inland Waterways Authority (NIWA) to increase the supply of life jackets for boat operators, describing inadequate safety equipment as one of the most pressing challenges confronting water transportation across the country. The appeal was made…

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Tyla drops Lagos from World tour amid boycott calls over Xenophobia row

South African Grammy-winning singer Tyla has removed Lagos from the schedule of her APOP World Tour following calls by some Nigerians to boycott her planned concert over renewed concerns about xenophobic attacks on Nigerians in South Africa. A review of the singer’s official tour itinerary on Friday showed that the Lagos concert, originally scheduled for…

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FCCPC warns inconsistent state electricity rules could scare off investors

By Seun Ibiyemi The Federal Competition and Consumer Protection Commission (FCCPC) has warned that Nigeria’s emerging state electricity markets could create uncertainty for investors if they operate under different regulatory standards, urging federal and state regulators to adopt a harmonised consumer protection framework. Speaking on Thursday at a stakeholders’ engagement on consumer protection and regulatory…

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TCN fires back at GenCos, defends National grid with NERC data

The Transmission Company of Nigeria (TCN) has dismissed claims by power generation companies that weaknesses in the national grid are responsible for Nigeria’s persistent electricity shortages, insisting that official industry data show inadequate power generation—not transmission—is the primary cause of the country’s supply deficit. The transmission company was reacting to a report published by THISDAY…

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Oluremi warns Nigerians against online scams fueling human trafficking

Nigeria’s First Lady, Oluremi Tinubu, has warned Nigerians to be vigilant against online scams increasingly being used by human traffickers to lure victims into forced labour and organised criminal networks. In a message to commemorate the 2026 World Day Against Trafficking in Persons, observed annually on July 30, the First Lady said human trafficking has…

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Insecurity: Tinubu rules out ransom payments

…Unveils fresh security strategy against terrorists, kidnappers By Seun Ibiyemi President Bola Ahmed Tinubu has reaffirmed his administration’s refusal to pay ransom to terrorists and kidnappers, declaring that the Federal Government is implementing new security strategies to combat rising insecurity across the country. Tinubu made the declaration on Thursday while receiving the Olubadan of Ibadanland…

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NNPC deploys over 1,000 young professionals

By Seun Ibiyemi The Nigerian National Petroleum Company Limited (NNPC Ltd) has deployed more than 1,000 young professionals into its workforce following the successful completion of a one-year internship, intensive training and performance evaluation programme. The Group Chief Executive Officer of NNPC Ltd, Bayo Ojulari, announced the development in a post shared on the company’s…

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