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The Nigerian National Petroleum Company Limited has announced that its joint venture partner, Seplat Energy Plc, will shut down its gas production facilities for four days for routine maintenance, a development expected to temporarily reduce gas supply to power generation companies and moderately impact electricity output nationwide. In a statement issued on Thursday by the Chief Corporate Communications Officer of NNPC Ltd, Andy Odeh, and titled “Notice of Scheduled Maintenance on Major Gas Plant and Facilities,” the national oil firm said the maintenance would run from February 12 to February 15, 2026. Seplat Energy, a joint venture partner of NNPC Ltd and a major supplier of gas into the NNPC Gas Infrastructure Company Limited pipeline network, is undertaking what the company described as routine and mandatory industry-standard maintenance. “The public is hereby informed that Seplat Energy Plc, a Joint Venture partner of NNPC Ltd and a key supplier of gas into the NNPC G...

Banana Island, Ikoyi, has officially banned short-let and Airbnb-style rentals following reports of criminal activity linked to transient occupants. Nairametrics can confirm that the ban is in effect, although the Banana Island Property Owners & Residents Association (BIPORAL) declined to comment on the cause. Reports from online sources indicate that eight criminal suspects were apprehended after using short-let units as bases for thefts in the exclusive waterfront estate. What they are saying The ban has sparked debates around estate security, housing affordability, and investor exposure. Nigerians on platforms like X (formerly Twitter) expressed both support and criticism of the measure. Nonso (@Kessiedoll)  Nonso (@Kessiedoll) criticised what she described as the excessive expansion of short-let rentals across Lagos, arguing that the growing conversion of residential apartments into nightly rentals has worsened housing scarcity and pushed up rent levels for long-t...

ABUJA: The Federal Government has ordered to the National Agency for Food and Drug Administration and Control NAFDAC, ordering an immediate cessation of all enforcement actions regarding the ban on sachet alcohol and 200ml PET bottle products. The directive, a joint intervention by the Office of the Secretary to the Government of the Federation OSGF and the Office of the National Security Adviser ONSA, cited grave concerns over economic stability and potential security threats. Both offices warned that continued enforcement, in the absence of a fully implemented National Alcohol Policy, could “destabilize communities, worsen unemployment, and trigger avoidable security challenges.” In a statement released by Terrence Kuanum, Special Adviser on Public Affairs to the SGF, the government clarified that while the National Alcohol Policy has been signed by the Federal Ministry of Health under the direction of President Bola Tinubu, NAFDAC must refrain from sealing factories or w...