News

The disclosure highlights the substantial financial obligations associated with protecting oil and gas infrastructure against crude oil theft, pipeline vandalism and other disruptions, even as NNPC reported higher production and a 33 percent increase in profit after tax.

Gunmen have abducted 20 members of the National Youth Service Corps (NYSC) travelling along the Owerri-Onitsha Road in Imo State, in a fresh highway attack that has renewed concerns over the security of corps members undertaking the mandatory national service programme.

The warning strike is scheduled to run from Friday, October 2, to Sunday, October 4, 2026.strike

The Command, in a statement issued on Wednesday by the Police Public Relations Officer, DSP Timfon John, said no shooting incident was recorded, and no gunshot injury was reported in connection with the disturbance.

The group’s criticism followed President Bola Tinubu’s Independence Day address in which he acknowledged the hardship confronting households and identified reducing the cost of living as a priority of his administration.

Atiku said Nigerians could not eat government promises or survive on economic statistics while the prices of food, transportation and other essentials remained beyond the reach of many households.

Wema Bank Plc has strengthened its support for Nigerian businesses seeking to expand into international markets, following the completion of the second edition of its Wema Export Trade Academy in Lagos.

Oil prices dropped below $97 a barrel on Thursday, October 1, as recovering shipments from the Gulf eased supply concerns after September’s sharp rally.

The Nigerian Postal Service (NIPOST) has made a public digital postcode finder available, while the Nigerian Communications Commission (NCC) and telecom operators have scheduled October 1 for the start of a free educational-data scheme.

President Bola Tinubu has declared that the era of economic stabilisation is over and promised a new phase of cheaper food, jobs, industrial growth and wider opportunities, saying his administration must now turn economic reforms into tangible improvements in the lives of Nigerians.