News

The Nigerian National Petroleum Company Limited has recorded a substantial decline in its profits net of taxes, descending from n905 billion to June to n185 billion in July. This represents a 79.6% reduction of profit. The company, in its monthly report published late on Thursday, said she had recorded N4.41TN in July, down from N4.57TN in the previous month. According …

Police operations in Lagos have found a car along with goods suspected of marijuana (Rami India) in the Ojo State area. A spokesman for the State Police Command, Benjamin Hundeyin, revealed this in a statement on Friday in Lagos. He said the operators attached to the Ojo Division recovered Toyota Sienna vehicles during the operation of dismissal and routine search …

The presidential marquee of OluSEGUN OBASANJO (OOPL), Abekuta, on Friday met as the commitment of Faisah Kolapo, daughter of the media entrepreneur and Iya Suna of Egbaland, Dr. (Mrs.) Yemi Kolapo and Hakeem Jimh, son of General Mosvius Jimoh from Erin-One, Kwara, Hush in Group Style. The colored ceremony, which showed the richness of Yoruba culture was based with profound …

Nigerien’s troops have killed a leader of the Boko Haram sect, who was identified as Ibrahim Mahamadu alias Bakura, in the Danau Chad basin. The West African country that was locked in mainland shared the border with Nigeria, Chad and Cameroon on Lake Chad Basin. The Nigerien army confirmed the news in a statement on Friday in Niamey. Bakura, who …

The Association of Nigerian authors (Ana) cried the disappearance of Evelyn Osagie, describing it as “a talented journalist, poet and lawyer whose work has left a lasting impact on the cultural and media landscape of Nigeria. Until his death, Osagie was a correspondent senior with The nation Newspaper, where he distinguished himself as one of the most committed voices of …

The Nigerian equity market yelled at a three -day -old defeat on Friday because investors received N505 billion at the close of trading that day. This follows the surge in the stock prices of FTN Cocoa PLC, Beta Glass PLC, and Veritas Kapital Assurance PLC, among others, on the trading floor. The Benchmark All-Share Index (ASI) rose to 141,004.14 points …

The Nigerian currency, Naira, recovered further against the US dollar in an official window on Friday. Foreign exchange data of Bank Nigeria (CBN) central bank shows that Naira is closed on N1, 535.03/$ 1 compared to N1, 535.78/$ 1 which is traded on Thursday. This is the advantage of N0.75 for local currencies against American Greenback. Also read: Naira Gain …

Victoria Mboko del Canada affects a return to Naomi Osaka of Japan during the final tennis action at the National Bank Open in Montreal, Thursday 7 August 2025. (Christinna Muschi/Cp) The Tennis star on the increase Victoria Mboko will have to face the two -time winner of the Grand Slam Barbora Krejcikova in the opening round of the US Open. …

The Governor of the State of Benue, Hyacinth Alia, has distanced himself from a recognized step to impeach the speakers of the State Assembly, Hyacinth Dajoh. House on Friday suspended Deputy Head of WHIP, Mr. Alfred Berger, and three others for three months due to alleged efforts to impeach the speaker. Another suspended parliament member was Mr. Shimawua Emmanuel (Tiev), …

Nigerian National Petroleum Company Limited (NNPC LTD) has reported a decrease in N165 billion revenue for July. NNPC said in a summary of its monthly report-July 2025 that revenue fell to N4,406 trillion from N4,571 trillion recorded in June 2025, representing a decline of 3.59 percent. Likewise, profit after tax (PAT) fell 79.56 percent to N185 billion in July from …