NNPC posts ₦535 billion profit, records 1.72 million barrels daily oil output in June
by Abdulkareem Mojeed on July 31, 2026 at 6:43 PM
NNPC recorded ₦535 billion profit after tax and produced 1.72 million barrels of crude oil and condensate daily in June 2026, its latest monthly report has shown. The post NNPC posts ₦535 billion profit, records 1.72 million barrels daily oil output in June appeared first on Premium Times Nigeria.
FG says no plan to increase electricity tariffs
by Omotoyosi Idowu on July 31, 2026 at 2:42 PM
Mr Tegbe added that the government would strengthen critical transmission infrastructure, improve grid stability and address long-standing liquidity challenges in the electricity market. The post FG says no plan to increase electricity tariffs appeared first on Premium Times Nigeria.
First HoldCo to pay 60% of annual profit as dividends
by Ronald Adamolekun on July 31, 2026 at 10:04 AM
First HoldCo said the move highlights its directors’ confidence in its earnings capacity, enhanced capital position, improving asset quality, diversified revenue streams, and robust outlook for sustained profitability and growth. The post First HoldCo to pay 60% of annual profit as dividends appeared first on Premium Times Nigeria.
Seplat sells 10% JV stake to NNPC for $281.6m (₦384.38 billion)
by Agency Report on July 31, 2026 at 9:55 AM
The company disclosed this in a corporate filing with the Nigerian Exchange on Thursday. The post Seplat sells 10% JV stake to NNPC for $281.6m (₦384.38 billion) appeared first on Premium Times Nigeria.
Asaba jet crew remains in SSS custody over security breach – Keyamo
by adajiesther on July 30, 2026 at 10:09 PM
The aviation minister said investigators are still questioning the foreign crew after the aircraft landed on a road instead of the runway at Asaba Airport in June. The post Asaba jet crew remains in SSS custody over security breach – Keyamo appeared first on Premium Times Nigeria.
