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Gas Supply Crisis Cuts Nigeria’s Power Generation to 3,940MW

06.03.2026
Nigeria’s electricity generation has dropped further below the 4,000-megawatt threshold following persistent gas supply shortages affecting thermal power plants across the country, the Nigerian Independent System Operator said on Thursday. In a statement titled “Gas Constraints Lead to Temporary Reduction in Power Generation,” the grid operator disclosed that the national grid generated only 3,940.53 megawatts...
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TotalEnergies Forecasts N1.32bn Profit For Q2 2026

06.03.2026
TotalEnergies Marketing Nigeria Plc has projected a profit after tax of about N1.32 billion for the second quarter ending June 2026, according to its financial forecast submitted to the Nigerian Exchange Limited. The company’s profit and loss projection shows that it expects to generate revenue of N169.91 billion during the period, while the cost of...
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ECOWAS parliament pushes for stronger regional trade

06.03.2026
The ECOWAS Parliament has called for stronger participation in regional trade across West Africa, urging businesses and citizens to take greater advantage of existing integration frameworks aimed at boosting cross-border commerce and economic cooperation. The call was made in Abuja on Thursday during a press briefing to announce private sector activities marking the Parliament’s 25th...
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100 Senior Lawyers On Corruption Trial

06.03.2026
The Chairman of the Economic and Financial Crimes Commission (EFCC), Ola Olukoyede, has disclosed that about 100 senior lawyers are currently being prosecuted for corruption-related offences. The EFCC boss raised concerns over the increasing involvement of legal practitioners in financial crimes, noting that the commission had received numerous petitions against members of the profession. He...
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Adelabu As Oyo APC Gubernatorial Flag Bearer

06.03.2026
As the countdown to the 2027 general election accelerates, political temperatures in Oyo State are rising with remarkable enthusiasm. Alignments are quietly taking shape, strategic calculators are working overtime, and political actors are rehearsing their best “confidence speeches” in private. At the heart of these manoeuvres lies the possible emergence of Adebayo Adelabu as the...
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Nigerian port drug seizures valued at N3tn over five years

06.03.2026
About 2,553,132.90 kilograms of illicit drugs were confiscated at Nigerian seaports between 2021 and 2025, data from the National Drug Law Enforcement Agency has shown. Findings indicate that these illicit drugs were valued at over N3tn. According to the latest NDLEA statistics, the seizures, which were recorded across major seaports and marine commands nationwide, highlight...
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Nigeria Deserves Leadership That Values Human Life

06.03.2026
Former Labour Party presidential candidate, Mr Peter Obi, has said Nigeria needs leaders who prioritise the safety of lives and property and not those who are preoccupied with selfish schemings on how to win the next elections Obi, in a statement issued on X on Friday, condemned the horrific attack by terrorists on the community...
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Canal+ to Shut Down Showmax After MultiChoice Takeover

06.03.2026
Canal+ is set to shut down the video streaming platform Showmax as part of cost-cutting measures following its acquisition of MultiChoice, according to an exclusive report by Variety on Thursday. The report said Canal+ and MultiChoice confirmed that the service would be discontinued after a review of their streaming operations, although a specific shutdown date...
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Gas Shortage Plunges Nigeria Power Generation Below 4,000MW

06.03.2026
Nigeria’s electricity generation has dropped further below the 4,000 megawatt threshold following persistent gas supply shortages affecting thermal power plants across the country, the Nigerian Independent System Operator said on Thursday. In a statement titled “Gas Constraints Lead to Temporary Reduction in Power Generation,” the grid operator disclosed that the national grid generated only 3,940.53...
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