The Nigerian National Petroleum Company Limited (NNPC Ltd) has recorded a profit after tax of ₦7.2 trillion for the financial year ended 31 December 2025, representing a 33 per cent increase from the ₦5.4 trillion recorded in 2024. The company also declared a dividend of ₦5.8 trillion, an increase of 35 per cent, as it recorded stronger earnings and increased oil and gas production despite lower crude oil prices and reduced white product volumes following market deregulation. The figures were contained in a press statement issued in Abuja on Tuesday by Andy Odeh, Chief Corporate Communications Officer, NNPC Ltd, following…
Author: Lilian Azuh
…….. Reports Profit Before Tax of ₦603.03billion, Pays Interim Dividend of ₦1 Guaranty Trust Holding Company Plc (“GTCO” or the “Group”) has released its Audited Consolidated and Separate Financial Statements for the period ended June 30, 2026, to the Nigerian Exchange Group (NGX) and London Stock Exchange (LSE). The Group posted a profit before tax of ₦603.03 billion, driven by strong performance recorded on the interest and trading income lines, which grew y-o-y by 7.5% and 24.7%, respectively. The strong earnings recorded was moderated by a ₦46.2 billion fair value loss recognized…
Polaris Bank is set to join organisations around the world in celebrating the 2026 Customer Service Week, holding from October 5 to 9, under the theme, “The Extra Mile.” For Polaris Bank, the theme represents a continuation of its longstanding commitment to putting customers at the heart of its business and continually improving the quality of their banking experience. Over the years, the Bank has used Customer Service Week not only to appreciate its customers, but also to recognise employees who consistently demonstrate exceptional service and reinforce the importance of customer-centricity across the organisation. The Bank’s Customer Service Week celebrations…
Big Win on the Global Stage for Nigeria & Digital Innovation! We are super proud to announce that the National Information Technology Development Agency (NITDA) has been honoured at the prestigious 2026 International Public Relations Association (IPRA) Golden World Awards (GWA) in Athens, Greece. NITDA, in collaboration with Image Merchants Promotion Limited (IMPR) and the Centre for Crisis Communication (CCC), bagged two Golden World Awards in both the Artificial Intelligence in Crisis Management and Publication categories What is the Award-Winning Project About? The recognition celebrates the establishment of the Crisis Communication Hub (CCHub) — an innovative national framework driven by…
JMG Limited, through its Clima division and in partnership with Trane Technologies, participated in the just-concluded Big 5 Construct Nigeria 2026, held from 22 to 24 September 2026 in Lagos. The exhibition brought together key players, professionals and stakeholders across Nigeria’s construction and building industry, giving JMG Clima and Trane the opportunity to showcase their partnership and engage directly with industry professionals, prospective customers, existing partners and other stakeholders. The partnership reflects both organisations’ commitment to providing reliable, energy-efficient and effective cooling solutions for residential, commercial and industrial applications. At the exhibition, JMG Clima showcased Trane’s air conditioning and cooling…
The Honourable Minister of Power, Joseph Tegbe, has called on APC members and support groups in Oyo State to close ranks and deliver victory for President Bola Ahmed Tinubu and all the party’s candidates in the 2027 general elections, stating that the President’s bold and audacious power sector reforms are already producing modest improvements in very short period, and positively impacting people’s lives. The Minister made the call during a series of engagements in Ibadan, beginning with the APC Reconciliation Committee, led by its Chairman, Senator Olufemi Lanlehin. He commended the committee for healing the party after the primaries and…
The road to the 2026 Zenith Bank NBBF Women’s Basketball League title reaches its defining stage as the nation’s top eight teams converge on the Indoor Sports Hall of the National Stadium, Surulere, Lagos, from September 28 to October 3, 2026, for the highly anticipated national Finals. Emerging from fiercely contested Atlantic and Savannah Conference campaigns, Nigeria Customs, AS Sky Queens, Titans, Air Warriors, MFM, First Bank, Victoria Queens, and Bayelsa Blue Whales have earned their place in the final battle for national honours. And there is plenty to look forward to. Last year’s champions, Dolphins Basketball Club, who lifted…
For Tares Oburumu, seeing his name on the longlist for the 2026 Nigeria Prize for Literature was exciting. Making the shortlist, however, was something else entirely. The Bayelsa-born poet, essayist and playwright had looked at the names surrounding his on the longlist and wondered whether his work could survive the scrutiny of a panel judging alongside academics, professors and established writers. Then came the shortlist. “I was shocked,” Oburumu said in an interview ahead of the announcement of this year’s winner. “At the same time, I was excited.” Sponsored by Nigeria LNG Limited (NLNG), the Nigeria Prize for Literature is…
…NLNG Nigeria Prize for Literature 2026, Three Poets, Three Books, Three Visions of Nigeria For Tares Oburumu, James Eze and Ogaga Ifowodo, being shortlisted for the 2026 Nigeria Prize for Literature is the culmination of years of writing, reflection and engagement with Nigeria’s complicated history and present realities. The three poets are in contention for this year’s prize, sponsored by Nigeria LNG Limited (NLNG), with their works offering sharply different perspectives on the country, its history, its people and its unresolved questions. Oburumu’s *Flora’s Love Colony* explores the history behind Nigeria’s name and the colonial experience that shaped the country.…
When Tares Oburumu first saw his name on the longlist for the 2026 Nigeria Prize for Literature, excitement was tempered by doubt. He had looked at the other names and seen professors, academics and writers with more books and higher qualifications. For a poet who began reading seriously at 14 in a village with no library, the prospect of making the final three seemed distant. Then his name appeared on the shortlist. “I was shocked,” Oburumu said. “At the same time, I was excited.” For James Eze, the news came through an unexpected telephone call from fellow writer and reviewer…