Month: October 2026

Energy Watchdog Backs Dangote Refinery’s Appeal Against Fuel Import Licence Ruling

Lukman Laleye Babalola

The Energy Watchdog has thrown its weight behind Dangote Petroleum Refinery and Petrochemicals’ decision to seek leave to appeal a Federal High Court judgment directing the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) to continue issuing petroleum product import licences to three major oil marketers.   In a statement signed by Engr. Martins Tayo, the group described the proposed appeal as necessary to protect Nigeria’s domestic refining industry, strengthen energy security and reduce the country’s dependence on imported petroleum products.   The judgment, delivered on September 28, 2026, by…

NNPCL’s N66 Petrol Discount Offers Nigerians Relief, Coalition Says

Lukman Laleye Babalola

The Coalition for Good Governance (CGG) has commended the Nigerian National Petroleum Company Limited (NNPCL) for its N66-per-litre petrol discount, describing the initiative as a timely intervention that is providing relief to Nigerians amid rising transportation and living costs.   In a statement signed by Comrade Danjuma Bello on Monday, the coalition said the temporary price reduction at NNPCL retail outlets nationwide was helping motorists and businesses cope with rising domestic fuel prices amid elevated international crude oil prices.   The group noted that the initiative, which commenced on October…

A Good Citizen Support And Pray For The Security Agents Of His Nation! By Imam Murtadha Gusau

Emporium Reporters

Tuesday, October 13, 2026   In the name of Allah, Most Merciful, Bestower of Mercy.   Praise be to Allah, the Lord of all worlds, who commanded us to maintain peace, justice, and security on earth. I bear witness that there is no deity worthy of worship except Allah, and I bear witness that our beloved Prophet Muhammad (Peace be upon him) is His servant and Messenger, sent as a mercy to mankind.   Dear brothers and sisters! No doubt, our Nigerian security agents are doing their best to defend…

Oyedele Secures AfDB Portfolio Review, Backs Bank’s Four-Point Agenda

Lukman Laleye Babalola

Nigeria and the African Development Bank (AfDB) have agreed to conduct a joint technical review of the bank’s portfolio in the country and prepare for a proposed visit by its President, Dr Sidi Ould Tah, as part of efforts to strengthen development financing and economic cooperation. The agreement was reached on Monday in Bangkok, Thailand, when the Minister of Finance and Coordinating Minister of the Economy, Taiwo Oyedele, met with Ould Tah on the sidelines of the 2026 IMF and World Bank Group Annual Meetings.   Oyedele reaffirmed Nigeria’s commitment…

Power Minister Breaks Ground on Ultra-Modern NISO Control Centre in Osogbo

Lukman Laleye Babalola

The Minister of Power, Chief Adebayo Adelabu, has broken ground on a new ultra-modern National Control Centre in Osogbo, Osun State, to replace the existing 64-year-old facility responsible for coordinating Nigeria’s electricity grid.   The project is expected to strengthen grid management, improve operational efficiency and enhance the reliability of electricity supply through the deployment of advanced monitoring and analytical technologies.   The new facility, being developed for the Nigerian Independent System Operator (NISO), will feature an integrated Supervisory Control and Data Acquisition (SCADA) system, large-format display screens and advanced…

TCN Announces Power Outage in Karu, Nyanya, Eight Other Abuja Areas

Lukman Laleye Babalola

The Transmission Company of Nigeria (TCN) has announced a power outage affecting Karu, Nyanya, Kugbo, Jikwoyi, Kurudu, Orozo, Karshi, Mararaba and adjoining areas following a fault on the Apo–Karu 132kV transmission line.     According to the company’s notice, signed by its management and dated October 13, 2026,the outage occurred at 5:31 p.m. on Monday, October 12, 2026, when the transmission line tripped, resulting in a loss of electricity supply to the Karu Transmission Substation.   TCN disclosed that its engineers, during a physical inspection of the affected line, identified…

CDS Oluyede Warns Against AI-Generated Fake Videos, Calls for Intelligence-Led Journalism

Lukman Laleye Babalola

Chief of Defence Staff (CDS), General OO Oluyede, has warned that AI-generated fake videos, manipulated images, cloned voices and false operational claims pose a growing threat to Nigeria’s national security, urging defence correspondents to strengthen fact-checking and responsible reporting. Oluyede gave the warning in his goodwill message to the Defence Correspondents Association of Nigeria (DECAN) Conference 2026, themed “Beyond Kinetic Warfare: Harnessing Technology and Intelligence-Led Operations for Nigeria’s National Security.” He said the changing nature of modern warfare required the Armed Forces of Nigeria (AFN) to go beyond conventional firepower…

SEC, Nasarawa Govt Deepen Push for Investor Education, Unclaimed Dividends Recovery

Lukman Laleye Babalola

The Securities and Exchange Commission (SEC) and the Nasarawa State Government have pledged to strengthen collaboration on investor education, financial inclusion and the recovery of unclaimed dividends and other investment assets. The commitment followed the Commission’s Capital Market Awareness, Unclaimed Funds and Investor Education Outreach Programme in Lafia, Nasarawa State, aimed at improving financial literacy, protecting investors and encouraging wider participation in Nigeria’s capital market. The SEC Chairman, Alhaji Mairiga Aliyu Katuka, made the call for stronger collaboration during a courtesy visit to Governor Abdullahi A. Sule, where he expressed…

DECAN Honours Mining Marshals Commander Onoja with Operational Leadership Award

Lukman Laleye Babalola

The Defence Correspondents Association of Nigeria (DECAN) has honoured the Commander of the Nigeria Security and Civil Defence Corps (NSCDC) Mining Marshals, Assistant Commandant of Corps (ACC) Attah John Onoja,with its Outstanding Operational Commander’s Award in recognition of his leadership and operational contributions. The award was presented on October 12, 2026, during DECAN’s 2026 Conference and Awards held at the Nigerian Army Command Officers’ Mess 1, WU Bassey Barracks, Asokoro, Abuja. The conference, themed “Beyond Kinetic Warfare: Harnessing Technology and Intelligence-Led Operations for Nigeria’s National Security,” examined the growing importance…

Tinubu Receives NNPC’s 2025 Audited Financial Statement, Records ₦7.2trn Profit

Lukman Laleye Babalola

President Bola Ahmed Tinubu has received the 2025 Audited Financial Statement of the Nigerian National Petroleum Company Limited (NNPC Ltd), which reported a profit after tax of ₦7.2 trillion for the financial year ended December 31, 2025. The Group Chief Executive Officer of NNPC Ltd, Engr. Bashir Bayo Ojulari, presented the financial statement to the President at the Presidential Villa in Abuja on Monday. Ojulari was accompanied by the company’s Group Chief Finance Officer, Dapo Segun, during the presentation. The audited results showed a 33 per cent increase in profit…