Top stories from across Nigerian Newspapers, Saturday August 1

Top stories from across Nigerian Newspapers, Saturday August 1

Here are the top stories from across the country today.

1. Nigerian govt to phase out electricity subsidy by 2027

The minister of Power, Joseph Tegbe has revealed that the federal government plans to phase out subsidy payments in the…The minister of Power, Joseph Tegbe has revealed that the federal government plans to phase out subsidy payments in the power sector from 2027.Read more

2. Finance minister replies critics, explains use of savings from petrol subsidy

The Minister of Finance and Coordinating Minister of the Economy, Mr. Taiwo Oyedele, has explained that the federal government deploys petroleum subsidy savings to servicing rising debt obligations, implementing the new national minimum wage and financing student loans.Read more

3. How we’re responding to emerging security threats —Tinubu

President Bola Ahmed Tinubu has stated that the current administration is responding to emerging security threats by overhauling the country’s operational strategy.Read more

4. MTN posts N707.5bn profit, gains 4.9m new subscribers in H1’26

MTN Nigeria Communications has reported a 70.6 per cent surge in profit after tax to N707.5 billion and earnings per share of N33.7 for the period ended June 30, 2026.Read more

5. Five police officers sacked, one demoted for alleged kidnap, extortion

The Edo State Police Command says five police officers have been dismissed and one other demoted, after uncovering an alleged criminal syndicate involving police personnel and civilian collaborators accused of abducting and extorting members of the public in Benin City.Read more

6. Singer Ayra Starr reveals she underwent major surgery

Nigerian singer, Ayra Starr has revealed that she recently underwent a major surgery, hence fans had not seen her for some time.Read more

7. Burna Boy breaks Wizkid’s record as highest-streaming African artist of all-time

Grammy-winning Nigerian singer, Damini Ogulu, popularly known as Burna Boy, has smashed an earlier record set by fellow Nigerian singer, Wizkid.Read more



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