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OPEC+ plans oil quota hikes to restore 1.65m bpd cuts

By Yinka Kolawole, with agency report The Organisation of Petroleum Exporting Countries and its allies, known as OPEC+, are planning to continue a gradual increase in oil production quotas with a target of fully restoring a 1.65 million barrels-per-day output cut introduced in 2023 by September this year. According to a Bloomberg report yesterday, the alliance […]

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ELECTRICITY: TCN records 276 tower vandalism in 3 years

By Mariam Eko The Transmission Company of Nigeria, TCN, said it recorded about 276 vandalized infrastructure from 2022 to 2025 nationwide. Speaking at the public sensitization on the ills of vandalism of TCN infrastructure held at Itori, Ewekoro, Local government area, Ogun State, the General Manager, TCN, Lagos region, Engr. Adeshina Adeonipekun noted: “I can recall […]

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PenCom grants PFAs waiver to invest in Dangote Refinery IPO

By Yinka Kolawole The National Pension Commission (PenCom) has granted Pension Fund Administrators (PFAs) a special regulatory waiver to invest pension assets in the forthcoming Initial Public Offering (IPO) of Dangote Petroleum Refinery & Petrochemicals FZE. The approval, contained in a circular dated May 13, 2026, temporarily suspends some of the strict investment requirements that ordinarily […]

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My ambition is to end neglect in my constituency, says Reps aspirant

By Emmanuel Iheaka Aspirant for Nkwerre/Isu/Nwangele/Njaba Federal Constituency seat in the House of Representatives, Mrs. Queen Chinyere Tim-Opurum, has declared that the constituency has suffered enough neglect in terms of representation. Tim-Opurum stated this when she visited the four Local Government Areas that make up the constituency ahead of the forthcoming primaries of the ruling […]

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Owo/Ose APC youths tell Arowele: Stop playing victim over candidacy issues

—- Says no one is above the law By Dayo Johnson Akure A group known as Concerned APC Youths in Owo/Ose Federal Constituency has urged House of Representatives aspirant Samuel Ayo Arowele not to resort to victimhood narratives over issues surrounding his candidacy. In a statement signed by its representative, Olarewaju Bidemi, the group described […]

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Alaoji-Onitsha transmission line: 2000 persons affected by destruction – TCN

….Company pays compensation, trains 64 youths on skills By Emmanuel Iheaka OWERRI – The Managing Director of Transmission Company of Nigeria (TCN),Dr Ahmed Sule Abdulaziz, has disclosed that over 2000 persons were affected in the destruction of property to make way for the reconstruction and upgrade of the Alaoji-Onitsha 330KV transmission line. Abdulaziz stated this […]

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Hoodlums attack FUTO community, shoot 1, injure many

By Emmanuel Iheaka OWERRI – Hoodlums suspected to be herdsmen, Wednesday night attacked Eziobodo, the host community of the Federal University of Technology Owerri, shooting one person and left many others injured. A source in the community, who pleaded anonymity, said the incident followed a failed abduction attempt by the hoodlums in the area. The […]

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MainPower: EERC downgrades 59 feeders in Enugu over poor power supply

… Several Band A downgraded to Band C Enugu Electricity Regulatory Commission, EERC, has announced the downgrade of 59 feeders under the franchise of the MainPower Electricity Distribution Company Limited. MainPower is a subsidiary of the Enugu Electricity Distribution Company, EEDC, which services customers in Enugu State. EERC attributed the action to MainPower’s failure to […]

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