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Olaosun Rebecca

FG, States, LGs Receive ₦1.928trn From FAAC Allocation

The Federal Government, states and local government councils have shared a total of ₦1.928 trillion as Federation Account revenue for November 2025. The Federation Account...

CBN Withdraws Operating Licences Of Two Mortgage Banks

The Central Bank of Nigeria (CBN) has withdrawn the operating licences of two mortgage banks. The apex bank explained that the move is part of...

Dangote Refinery Slashes Petrol Price as MRS Sells At ₦739/Litre

Barring any last-minute changes, MRS Oil and other partners of the Dangote Petroleum Refinery are set to begin selling petrol at ₦739 per litre...

Senate Takes Steps To Protect Farmers From Price Collapse

On Tuesday, the Senate moved to safeguard Nigerian farmers from plunging produce prices and rising input costs, calling on the Federal Government to subsidise...

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UK Plans New Sanctions On Iran, Summons Envoy Over Deadly Protest Crackdown

The UK government has announced plans to impose additional sanctions on Iran and has formally summoned Iran’s ambassador in London in response to reports of a violent crackdown on anti-government protesters. Foreign Secretary Yvette Cooper said on Tuesday that Britain would seek further punitive measures and called in...

US Urges Citizens To Leave Iran Immediately As Unrest Escalates

The United States has advised its citizens to leave Iran without delay, citing growing security risks amid escalating unrest across the country. In an updated travel alert released on Monday, the U.S. Virtual Embassy Iran warned Americans currently in Iran to prepare for worsening conditions and to consider...

China Says It Will Defend Its Interests After US Threatens Tariffs Over Iran Trade

China has said it will firmly protect its national interests following a warning from US President Donald Trump that Washington would impose a 25% tariff on countries that continue doing business with Iran. Speaking at a regular press briefing on Tuesday, Chinese foreign ministry spokeswoman Mao Ning criticised...