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NNPCL posts ₦502bn profit in November despite lower oil outp

01.01.2026
The Nigerian National Petroleum Company Limited recorded a profit after tax of N502bn in November 2025, sustaining its profitability streak despite a decline in crude oil and condensate production during the month. Figures from the NNPCL Monthly Financial and Operations Report for November 2025 released on Wednesday, showed that the national oil company also generated...
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Nigerian Stock Market Closes Year With N533bn Gain

01.01.2026
The Nigerian equities market closed the year on a strong footing on Wednesday, extending its consecutive gains and adding N533bn to investors’ wealth. The positive performance was driven by Aluminium Extrusion Industries, Austinlaz, Meyer, Cileasing, Union Dicon Salt and 42 other advancing stocks. Specifically, the market capitalisation, which opened at N98.376tn, gained N533bn to close...
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Nigeria posts $3.42bn trade surplus as fuel exports jump

01.01.2026
Nigeria’s external position remained in surplus in the third quarter of 2025, supported by higher crude oil and refined petroleum product exports, even as the overall current account balance declined sharply from levels recorded in the previous quarter, according to the latest data from the Central Bank of Nigeria. In the Q3 2025 Balance of...
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Kwara Customs Seeks Royal Guidance from Emir of Ilorin

01.01.2026
The Nigeria Customs Service, Kwara Area Command, has emphasised the importance of royal guidance in ensuring effective Customs operations within the state. The newly appointed Customs Area Controller in charge of the command, Najeem Ogundeyi, a Deputy Comptroller of Customs, stated this when he visited the Emir of Ilorin, His Royal Highness Alhaji Ibrahim Sulu-Gambari,...
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Savannah targets Q1 2026 for first Uquo Well gas

01.01.2026
Savannah Energy says it is targeting first gas production from its Uquo North East development well in the first quarter of 2026, as it advances its gas expansion programme in Nigeria. The British independent energy company disclosed this in its operational and financial update for the 11 months ended 30 November 2025. According to the...
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Nigeria Eyes Deeper China Ties Entering 2026

01.01.2026
Nigeria has reflected positively on the progress of Nigeria–China relations over the course of 2025, following the elevation of bilateral ties to a Comprehensive Strategic Partnership agreed by President Bola Tinubu and President Xi Jinping during the state visit to China in September 2024. A statement on Wednesday from the Nigeria–China Strategic Partnership stated that...
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Power Oil Turns Festive Campaign into Community Impact

01.01.2026
In the spirit of the season, Power Oil, a cooking oil brand by Tolaram, took its festive platform, ‘Powering Love, Sharing Joy,’ beyond words and into action by visiting the Bethesda School of the Blind, Lagos, following consumer suggestions across social media. What began as a digital call inviting Nigerians to nominate communities where love...
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Nigeria Closing Infrastructure Gap with PPPs, says ICRC

01.01.2026
As Nigerians prepare to welcome the New Year, the Director-General of the Infrastructure Concession Regulatory Commission, Jobson Oseodion Ewalefoh, has called on citizens to enter 2026 with renewed hope, shared responsibility, and confidence in Nigeria’s infrastructure future. Ewalefoh described the New Year as a moment for reflection and recommitment, noting that infrastructure remains one of...
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Enugu New Yam Festival Showcases African Heritage

01.01.2026
The Enugu New Yam Festival 2025 (Iri Ji Grand Finale) marked the end of the harvest season with a celebration organiser described as a “world-class cultural spectacle”, combining tradition, music and modern production to showcase African heritage. The festival was owned and curated by Heritage & Culture Africa, with BigSea Promotions as the official production...
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I apologise for saying no heaven without tithe – Adeboye

04.10.2024
The General Overseer of the Redeemed Christian Church of God, Pastor Enoch Adeboye, has apologised for saying that Christians who don’t pay tithe might not make it to heaven. Adeboye who had previously said that paying tithe was one of the prerequisites for going to heaven, apologised for the comment while addressing his congregation Thursday...

Protesters storm Rivers electoral commission, insist election must hold

04.10.2024
Angry protesters on Friday stormed the office of the Rivers State Independent Electoral Commission, singing and chanting ‘Election must hold’. They defied the heavy rainfall spreading canopies, while singing and drumming, with one side of the road blocked. The protest came after the Rivers State governor stormed the RSIEC in the early hours of Friday...

Man who asked Tinubu to resign admitted in psychiatric hospital

04.10.2024
The Adamawa State Police Command has disclosed that the 30-year-old Abdullahi Mohammed who climbed a 33 kv high tension electricity pole in Mayo-Belwa last Friday has been admitted at the Yola Psychiatric hospital for mental examination. The Police Public Relations Officer of the command SP Suleiman Nguroje, told Arewa PUNCH on Friday in an exclusive...

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