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Yemisi Lanre-Idowu

Business

Parallex Bank Completes ₦50bn Recapitalisation, Eyes Expansion

Parallex Bank Limited has successfully met and exceeded the ₦50 billion minimum capital requirement set for regional commercial banks by the Central Bank of...

Yemisi Lanre-Idowu -

Business

NNPC GCEO Defends Refinery Rehabilitation Pause At NIES 2026

The Group Chief Executive Officer of Nigerian National Petroleum Company Limited (NNPC Ltd) has defended the decision to pause the rehabilitation of Nigeria’s state-owned...

Yemisi Lanre-Idowu -

Business

Naira Reaches New High Of N1,401.22/$ Following EFEMS Rollout

The naira strengthened significantly on Tuesday, closing at a record N1,401.22 per dollar at the official foreign exchange market, its strongest performance since the...

Yemisi Lanre-Idowu -

Business

Global Markets Slide As Gold And Silver Surge After Trump’s New Tariff Warning

European stock markets declined on Monday, while gold and silver climbed to record levels, following fresh tariff threats from US President Donald Trump tied...

Yemisi Lanre-Idowu -

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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...