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Yemisi Lanre-Idowu

Business

FG Suspends Planned 15% Import Duty On Petrol

The Federal Government has suspended the planned 15 per cent import duty on petrol and diesel, which was earlier scheduled to take effect on...

Yemisi Lanre-Idowu -

Business

NUPRC Launches 2025 Oil Licensing Round To Boost Production

‎Nigeria’s Upstream Petroleum Regulatory Commission (NUPRC) took steps to boost investment in the oil and gas industry by announcing that the 2025 licensing round...

Yemisi Lanre-Idowu -

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Implications Of CBN’s 48-Hour Refund Policy On Banks And Customers

The Central Bank of Nigeria has ordered banks to refund customers for failed ATM transactions within 48 hours, a move aimed at protecting consumers...

Yemisi Lanre-Idowu -

Business

NNPCL Raises Petrol Price To ₦905 Amid Fuel Shortages

‎The Nigerian National Petroleum Company Limited (NNPCL) has adjusted the pump price of petrol in Abuja from ₦890 to ₦905 per litre, following recent...

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Sokoto Boat Accident: 46 Dead, 15 Rescued As Search Continues For 16 Missing Passengers

At least 46 people have reportedly died in a boat accident in Gorau community, Goronyo Local Government Area of Sokoto State. The boat, which was carrying 77 passengers, including farmers, women and children, reportedly capsized shortly after leaving the community on Thursday morning. The Sokoto State Police Command confirmed...

Tinubu Defends Fuel Subsidy Removal, Says Calls For Reversal Show ‘Serious Ignorance’ Of Economy

President Bola Tinubu has again defended his administration’s decision to remove the petrol subsidy, dismissing calls for the policy to be reversed as a “demonstration of serious ignorance on governance and the economy”. Tinubu made the remarks on Thursday while receiving Osun State Governor, Ademola Adeleke, at the...

Kwara Senator Saliu Mustapha Resigns From APC, Cites Leadership Concerns

Senator Saliu Mustapha, who represents Kwara Central in the National Assembly, has resigned from the All Progressives Congress (APC), citing concerns over the direction of the party’s leadership in Kwara State. Mustapha announced his decision in a resignation letter dated August 14, 2026, addressed to the APC Ward...