By Chukwuma Umeorah Transcorp Power Plc reported a 13 per cent decline in profit after tax to N38.50 billion in the first half of 2026 as revenue fell 11.6 per cent to N181.97 billion, with the power generation company attributing the weaker performance to recurring transmission infrastructure vandalism that constrained electricity evacuation. The company’s unaudited…
The Nigerian Electricity Regulatory Commission (NERC) has thrown its weight behind the Minister of Power, Chief Joseph Tegbe’s call for greater collaboration among stakeholders in the Nigerian Electricity Market (NEM) to improve electricity supply across the country. The endorsement came during a workshop convened by the Minister in Abuja recently with the theme: “Legal, Policy…
Vice President JD Vance announced Sunday that second lady Usha Vance gave birth to the couple’s fourth child. The Vance family announced Usha’s pregnancy in January 2026, and that her due date would be in July. Usha Vance is the first second lady to have a child while the vice president is in office since…
By Baba Dantiye On July 15, 2026, Chief Aremo Olusegun Osoba turned 87. For many Nigerians, the occasion is an opportunity to celebrate an accomplished journalist, former Governor of Ogun State, elder statesman and one of the country’s most respected public figures. For those of us in the Nigerian Guild of Editors, however, it is…
Nigeria is once again poised to benefit from rising global crude oil prices, with Brent trading significantly above the Federal Government’s 2026 budget benchmark. However, beyond favourable market prices, experts say the country’s ability to maximise the windfall will depend largely on sustaining crude production through effective protection of oil pipelines and other critical infrastructure—a…
I am a free market capitalist. I want less government. I want less taxes and regulations. I want free people to be free to do as they wish. Broadly, I’d like economic freedom —predicated upon Thomas Jefferson’s description of religious freedom: “It does me no injury for my neighbour to say there are 20 gods or…
