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Olaosun Rebecca

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The Central Bank of Nigeria (CBN) has withdrawn the operating licences of two mortgage banks.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...

Police To Resume Nationwide Tinted Glass Permit Enforcement

The Nigeria Police Force has announced plans to recommence nationwide enforcement of the tinted glass permit policy from January 2, 2026, attributing the move...

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Court Rules Lucky Aiyedatiwa Ineligible To Seek Re-Election In 2028

The Federal High Court sitting in Akure has ruled that Lucky Aiyedatiwa is not eligible to contest the 2028 governorship election. In a judgment delivered on Thursday, Justice Toyin Adegoke held that the Nigerian Constitution does not allow an elected president, vice president, governor, or deputy governor to remain in office for more than eight years. Aiyedatiwa...

Global Crude Prices Rise: What It Means As Dangote Refinery Slashes Petrol Prices In Nigeria

Global crude oil prices climbed again on the international market, rising by about 9.2 percent, reversing part of the earlier decline that had triggered a reduction in petrol prices in Nigeria. As of the latest market updates, Brent Crude was trading around $92 per barrel, while the U.S....

Ondo Government Restricts Motorcycle Operations Across 18 LGAs

The Ondo State Government has introduced new security measures restricting the operations of commercial motorcycles across all 18 local government areas of the state. The directive, which took effect on Wednesday, limits motorcycle operations between 6 a.m. and 7 p.m., as part of efforts to strengthen security and maintain public order. The announcement was...