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NNPC Profit Falls Sharply To ₦185 Billion In July

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The Nigerian National Petroleum Company Limited (NNPC Ltd) has reported a steep drop in profit for July 2025, recording ₦185 billion after tax. This marks a sharp fall from the ₦905 billion profit declared in June, which itself had already declined from ₦1.054 trillion in May.

According to the company’s monthly financial statement, revenue in July stood at ₦4.4 trillion, lower than the ₦4.57 trillion generated in June and well below the ₦6.008 trillion recorded in May. Despite this drop, remittances to the federation account remained strong, with NNPC contributing ₦7.965 trillion from January to June 2025, an increase from the ₦6.96 trillion it had remitted as of May.

Crude oil and condensate production showed slight improvement, averaging 1.70 million barrels per day (mbpd) in July, up from 1.68 mbpd in June. Of this total, crude oil accounted for 1.40 mbpd while condensates contributed 0.29 mbpd. Natural gas output also rose, hitting 7.72 billion standard cubic feet per day in July compared to 7.58 billion in the previous month. Gas sales moved in the same direction, rising to 4.978 bscfd from 4.74 bscfd in June.

Petrol availability at NNPC retail stations dipped marginally to 70 percent in July, down from 71 percent recorded in June. On infrastructure projects, the company disclosed that the Obiafu–Obrikom–Oben (OB3) pipeline remained at 96 percent completion, unchanged from June, while the Ajaokuta–Kaduna–Kano (AKK) pipeline advanced to 83 percent completion, slightly higher than the 81 percent recorded in May.

The company attributed its overall operational performance to sustained crude and condensate production, better facility uptime, closer collaboration with stakeholders, and efficiency improvements. It added that efforts to complete the AKK pipeline’s mainline works were being accelerated, while a revised execution plan was introduced for the OB3 River Niger crossing.

NNPC also revealed that a 113-kilometre section of the OB3 pipeline has been commissioned, allowing the delivery of about 300 million standard cubic feet of gas daily from suppliers. Among these, AHL provides 250 mmscf/d, while Platform, Chorus, and Xenergi contribute 50 mmscf/d.

The July figures underscore a significant slump in profitability for the state-owned oil firm, despite modest improvements in oil and gas production and steady progress on key gas infrastructure projects.

Boko Haram Leader Bakoura Refutes Reports Of His Death

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Ibrahim Bakoura Doro, also known as Abu Oumaimah, a commander of Boko Haram, has denied reports from the Nigerien government claiming he was killed during recent military operations in the Diffa region.

The Nigerien Armed Forces had announced on Friday that Bakoura was among several insurgent leaders eliminated in targeted airstrikes on August 15 in Korongol, Kournawa, and Shilawa.

According to the military, the strikes destroyed Boko Haram bases, neutralised dozens of fighters, and killed high-ranking commanders, including Bakoura.

Niger’s Head of State, Gen. Abdurahamane Tiani, hailed the operation as a significant success, describing Bakoura as a key figure in efforts to destabilise the country.

However, security sources on Saturday intercepted a communication in which Bakoura reportedly told his commanders that he survived the airstrikes and was not among those killed.

PDP Asks Court To Sack Four Osun Lawmakers Over Defection

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The Peoples Democratic Party (PDP) has filed a lawsuit seeking the removal of four members of the Osun State House of Assembly who recently defected from the party to the All Progressives Congress (APC).

In the suit lodged before the Federal High Court in Osogbo, the PDP argued that the lawmakers lost their seats the moment they abandoned the platform through which they were elected, insisting that their defection was unconstitutional and a betrayal of the mandate given to them by the electorate.

The party maintained that the lawmakers’ action contravened provisions of the 1999 Constitution, which stipulates that an elected legislator must vacate their position if they leave the party under which they won an election, unless in the case of a division within that party. PDP stressed that no such division existed within its fold.

The legal action comes amid growing political tension in Osun, as the party moves to protect its majority in the Assembly. PDP leaders said the defection undermines democratic principles and accused the defectors of “political opportunism” motivated by personal interests rather than service to the people.

Court filings show that the PDP is asking for a declaration that the lawmakers’ seats are vacant and for the Independent National Electoral Commission (INEC) to conduct fresh elections in the affected constituencies.

The case is expected to test once again the judiciary’s interpretation of constitutional provisions on party defection, an issue that has repeatedly shaped Nigeria’s political landscape.

EFCC, NIS Deport 51 Foreigners Jailed For Cyberfraud

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In under eight days, the Economic and Financial Crimes Commission (EFCC), in partnership with the Nigerian Immigration Service (NIS), has deported a total of 93 foreign nationals convicted of cybercrime and Internet fraud.

According to a statement on Thursday via the EFCC’s official X account, the latest deportees include 50 Chinese nationals and one Tunisian.

“The convicts are among the 192 foreign nationals arrested during a sting operation by the commission in Lagos, following actionable intelligence about the operations of one of the largest foreign-led cybercrime syndicates in Nigeria,” the statement read.

This latest action raises the total number of deportees since the exercise began on August 15, 2025, to 93.

Earlier, 42 Chinese and Philippine nationals, also among the 192 convicted of cyberterrorism and Ponzi scheme offences, were expelled. They were part of a larger group of 759 persons arrested during a major raid on December 10, 2024, at Oyin Jolayemi Street, Victoria Island, Lagos.

The EFCC noted that further deportations are expected in the coming days. The convicts were found to have operated an extensive cyberfraud and Ponzi network, training employees of Genting International Co. Limited in fraudulent activities and defrauding victims using fake identities.

Following the first batch of deportations, EFCC Chairman Ola Olukoyede praised the effort as a landmark achievement in Nigeria’s anti-corruption campaign.

“These convictions send a strong signal that Nigeria will not serve as a haven for cybercriminals,” he said.

“The commission remains committed to intensifying investigations, recovering stolen funds, and restoring national dignity in line with President Bola Tinubu’s anti-corruption drive.”

The charges against the convicts were brought under the Advance Fee Fraud and Other Related Offences Act, 2006.

Benue Assembly Suspends Four Lawmakers Over Alleged Impeachment Plot

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The Benue State House of Assembly has suspended four of its members, Hon. Berger Alfred Emberga, Shimawua Emmanuel, Cyril Ijebe, and Abu Omoru, for three months over allegations of plotting to remove the Speaker from office.

The decision was taken during plenary at the Assembly complex in Makurdi, following deliberations on what was described as “gross misconduct and acts capable of destabilizing the House.”

The suspended lawmakers are accused of conspiring to carry out an unlawful impeachment, violating the Assembly’s standing rules.

Presiding over the session, the Speaker emphasized that any attempt to undermine the House’s stability would not be tolerated and stressed the importance of maintaining discipline to safeguard the integrity of the legislature.

Anambra Vigilante Assault on Corps Members: What Happened?

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A female National Youth Service Corps (NYSC) member, Jennifer Elohor, has recounted a brutal attack by Anambra vigilante operatives, known as Agunechemba, at a corps member’s lodge in Oba, Idemili LGA.

The incident, which occurred on 13 July 2025, was captured in a viral video showing armed operatives storming the lodge, accusing corps members of Internet fraud despite knowing their identities.

Elohor described how the masked vigilantes broke into the building, assaulted her and her colleagues, ransacked their rooms, and seized their devices, even ignoring their NYSC ID cards.

She revealed that she was slapped, pushed, and had her clothes torn, while one colleague was hit with an iron rod. Victims were forcibly taken away in a vigilante vehicle.

The attack has drawn widespread condemnation from civil society, human rights groups, and lawmakers, prompting the Anambra State Government to issue a public apology. Eight operatives responsible for the assault have been identified, sacked, arrested, and detained, according to Ken Emeakayi, Special Adviser on Community Security and head of Agunechemba.

Emeakayi stressed that while the vigilante group was created to support policing in communities, some members have acted outside the law. He reaffirmed the government’s commitment to justice, accountability, and reforms to ensure community policing in Anambra is safe, professional, and human rights-compliant.

INEC Declares Jailed LP Candidate Winner Of Assembly Rerun Election

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The Independent National Electoral Commission (INEC) has declared Bright Ngene of the Labour Party (LP) winner of the rerun election in Enugu South Urban Constituency, Enugu State.

The rerun, held on 16 August 2025, marked the fourth attempt to complete the court-ordered election after the 2023 results were nullified in eight polling units. The process had faced repeated disruptions since February 2024.

Interestingly, Ngene is currently serving a seven-year jail term in Enugu State Correctional Centre following a conviction on 28 July 2024 over a communal crisis.

INEC spokesperson Sam Olumekun confirmed that Ngene secured the highest number of votes, defeating his closest rival, Sam Ngene of the PDP. According to him, elections previously disrupted by violence and thuggery in Enugu and Kano States have now been concluded.

Certificates of Return for elected candidates will be presented as follows:

National Assembly candidates: 21 August 2025 at INEC HQ, Abuja (3:00 pm)

State House of Assembly candidates: 22 August 2025 at respective State INEC offices (11:00 am)

Katsina Mosque Terror Attack Death Toll Rises To 32

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The number of people killed in Tuesday’s dawn attack on worshippers in Unguwan Mantau community, Malumfashi Local Government Area of Katsina State, has climbed to 32.

Armed bandits stormed the community mosque around 5 a.m. while residents were observing Fajr prayers and opened fire on worshippers in what officials described as a reprisal attack.

Initial reports had put the death toll at 13, but a state government delegation that visited the community on Wednesday confirmed that 32 people lost their lives. An unverified number of residents were also abducted during the assault.

Some of the kidnapped victims were later freed after a Nigerian Air Force air strike disrupted the attackers. Others fled in the confusion and are now receiving treatment in hospitals.

Governor Dikko Umar Radda, who is currently on medical leave, directed the acting governor, Mallam Faruk Jobe, to send a high-level delegation to condole with the bereaved families.

The team, led by Secretary to the State Government Abdullahi Faskari, met traditional rulers and grieving relatives in Karfi town.

Describing the incident as “deeply painful and heartbreaking,” Faskari assured residents that the state government would intensify security operations to ensure the perpetrators face justice.

“Our hearts are with the families who lost their loved ones in this senseless attack. This administration remains committed to working with all security agencies to prevent such tragedies in the future,” he said.

The Commissioner for Internal Security and Home Affairs, Dr. Nasir Mu’azu, explained that the attack followed a confrontation days earlier, when residents of Ruwan Sanyi village ambushed bandits, killed several of them, rescued abductees, and seized weapons and motorcycles.

“The reprisal occurred while the community was observing morning prayers. The criminals started shooting sporadically inside the mosque,” Mu’azu said.

He added that troops and police reinforcements had since been deployed, with both aerial and ground operations launched to pursue the attackers.

“The bandits often hide under crops during the rainy season to commit their evil acts. We are working with security agencies to flush them out,” he added.

Mu’azu also praised the courage of residents who resisted the criminals, describing their action as gallant. He stressed that the government would continue to support community-based security initiatives and provide help to victims’ families.

The condolence team also included senior aides on community security, the Malumfashi lawmaker in the state House of Assembly, the council chairman, and heads of security agencies, including the Police Commissioner, the Commander of the 17 Brigade of the Nigerian Army, the DSS Director, and the NSCDC Commandant.

The state government reaffirmed its commitment to restoring peace and protecting lives, noting that immediate relief had been provided to victims’ families while a wider damage assessment was ongoing.

Audio: What Oseloka, Peter Obi’s Son Revealed About His Relationship Status

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Oseloka Obi, the son of Peter Obi, the 2023 presidential candidate of the Labour Party, has reacted to viral allegations linking him to homosexuality following the circulation of photos showing him with London-based British-Nigerian Kent Okwesa earlier this week.

The images, which surfaced online on Wednesday, captured Oseloka and Okwesa sitting in close proximity at a restaurant in the United Kingdom, triggering widespread online gossip and speculation.

In a comprehensive statement, Oseloka refuted the allegations, describing them as malicious fabrications fueled by his father’s active role in Nigerian politics.

He further explained that although he usually avoids responding to such claims, the persistent spread of these baseless rumours made it necessary for him to issue a clarification.

“Because of my father’s involvement in Nigerian politics, there has been a persistent curiosity and, at times, malicious obsession with me.

“To assume that my life or choices are somehow political statements is a flawed and childish calculation. It reveals more about the pettiness of those spreading such narratives than it does about me or my father,” he said.

Oseloka, a professional actor, further addressed misunderstandings about his career choices, pointing out that even though his father has a background as a businessman and economist, he decided to pursue a different path in theatre and filmmaking. He dismissed suggestions of nepotism, stating: “I was raised to know that my father’s wealth is not mine, and that I must build my own life.”

“I have no social media presence and no interest in maintaining one, so I rarely correct these falsehoods. But perhaps it is time I address them,” he wrote.

Oseloka stressed that the photos of him in circulation were being misrepresented, insisting they were ordinary snapshots with friends and colleagues.

“The truth is simple: Peter Obi’s son appears in photos with his friends and colleagues, nothing more. If people wish to invent otherwise, I hope they sleep soundly knowing they are spreading lies,” he added.

He further stressed that neither he nor his father is without flaws, but affirmed his father’s integrity and dedication to Nigeria’s progress.

“My father has my vote, not because he is my father, but because he is the right man for the job. If others wish to go low, invent scandals, or attack me to wound him, they are free to do so. But we will go high, and we will continue to focus on the future of Nigeria.”

Oseloka called on Nigerians to shift their focus away from baseless gossip and towards addressing the critical socio-economic issues confronting the nation.

“Our nation still struggles with insecurity, a weakened economy, crumbling infrastructure, failing healthcare, and politicians who steal from the people they swore to serve. And yet, for some, the priority is to spread gossip about who Peter Obi’s son appears with in a photo. This is a distraction from the real crises that matter to all Nigerians.”

He concluded by reaffirming his dedication to the core values he has embraced since childhood: honesty, diligence, and serving others.

Eberechi Eze Misses Palace’s 1–0 Triumph Over Fredrikstad

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Crystal Palace marked their first-ever major European night with a narrow 1–0 victory over Norway’s Fredrikstad in the UEFA Conference League play-off first leg at Selhurst Park on Thursday, August 21, 2025. Jean-Philippe Mateta’s second-half finish made the difference, but the story of the night was Eberechi Eze’s late withdrawal.

Why did Eberechi Eze pull out?

Eze was named to start, but called Oliver Glasner on the morning of the game to say he wasn’t well enough to play. Multiple reports described the absence as illness-related amid an imminent transfer to Arsenal, with a deal reported in the £60–67.5m range. Glasner said he is now planning without Eze.

ESPN: Glasner revealed Eze phoned in unwell on matchday and “won’t play for us again,” with Arsenal agreeing a fee plus add-ons.

The Times: Eze withdrew due to illness as Arsenal moved to complete the transfer.

The Guardian match report also framed the night as Palace “beginning life without Eze.”

Match review: Palace edge a historic first leg

Score: Crystal Palace 1–0 Fredrikstad
Goal: Mateta 54′ (redirecting Will Hughes’ half-volley from close range)

Palace controlled territory but found Fredrikstad’s low block stubborn before the break. Key first-half moments included Mateta striking the post and Ismaïla Sarr seeing a header cleared off the line. After halftime, Palace upped the tempo: Marc Guéhi’s deep cross should have been finished by Justin Devenny, and soon after Hughes’ skidding volley was deftly helped in by Mateta for a landmark first European goal in the club’s history. Daniel Muñoz later hit the outside of the post, while Fredrikstad threatened a late equaliser through Henrik Skogvold in stoppage time.

Neutral outlets concurred on the pattern: territorial Palace pressure, limited clear chances, and Mateta providing the edge.

Second leg: Thursday, August 28, 2025, in Norway, with progression to the Conference League league phase on the line.

What Eze’s absence (and likely exit) means for Crystal Palace

Without Eze’s ball-carrying and final-third craft, Palace created via width, set pieces and volume rather than incisive central combinations. Expect Glasner to lean on Adam Wharton for progression, with Sarr/Mateta running channels and full-backs (Muñoz/Sosa) pushing high to stretch compact blocks.

Transfer-market urgency

Club leadership has acknowledged the need to back Glasner post-Eze, with recruitment required to replace creativity and maintain depth (especially with European commitments). Reports indicate Palace will act following Eze’s Arsenal move (fee up to ~£67.5m).

Squad depth and academy pathways

Glasner turned to Justin Devenny to start; Odsonne Édouard also featured off the bench. With European and domestic fixtures piling up, minutes could expand for young attackers unless reinforcements arrive promptly.

Second-leg approach

With only a one-goal cushion and an away tie ahead, Palace must manage transitions better and be more clinical. Fredrikstad showed late counter-threat; game state management in Norway will be critical.