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Candidate of the Peoples Democratic Party (PDP) in the 2026 Ekiti State governorship election, Wole Oluyede, has expressed dissatisfaction with the conduct of the election at Ugele/Arokun Ward in Ikere Local Government Area. In an interview with newsmen shortly after casting his vote at Polling Unit 006, Ugele/Arokun Ward, Oluyede claimed that the process had …

Ekiti Decides: PDP Candidate Oluyede Votes, Alleges BVAS Glitches

The Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN) has called for a reduction in petrol prices to reflect the recent drop in global crude oil costs. Brent crude oil fell to about $78 per barrel. This followed a ceasefire agreement between the U.S. and Iran, which is expected to normalize oil exports through …

Concerns as Nigeria Spends ₦4.13trn on Fuel Imports in six Months

Investors on the Nigerian Exchange lost about ₦5.64 trillion in one week as a sharp sell-off in banking and insurance stocks dragged the market lower. The NGX All-Share Index fell by 3.59 per cent to close at 235,941.27 points for the week ended June 19, 2026, while market capitalisation dropped by the same margin to …

Nigerian stock market

President Bola Ahmed Tinubu has approved a final six-month tenure extension for the Comptroller-General of the Nigeria Customs Service (NCS), Adewale Adeniyi, extending his stay in office until February 2027. The approval comes as Adeniyi’s first tenure extension was due to expire on August 1, 2026. The Presidency said the latest extension is intended to …

NCS Reaffirms Commitment to Global Standards Through Trade Modernisation Project

Nigerian financial holding companies may need to raise billions of naira under the proposed new Central Bank of Nigeria (CBN) rules. A report released by Comercio Partners on Friday, June 19, shows that Access Holdings, GTCO and First Holdco face the largest capital shortfalls. The investment research firm stated that the CBN's June 10, 2026, …

Nigerian banks

From highways and gas pipelines to student loans, digital skills and agricultural reforms, a look at how the Renewed Hope Agenda is attempting to transform governance into measurable outcomes. As Nigerians commemorate Democracy Day, a fundamental question dominates conversations across homes, markets, campuses and workplaces: Are government reforms making a difference in the lives of …

Democratic Dividends or Work in Progress? Inside Tinubu’s 10 Mega Projects Reshaping Nigeria’s Economy

The Federal Government has issued guidelines for the transition from repealed tax laws to the new Tax Acts 2025. The Federal Ministry of Finance made this known in a statement on Thursday. It said the guidelines provide direction to taxpayers, tax practitioners, revenue agencies and other stakeholders on implementing the new tax framework. It also …

The average daily supply of Automotive Gas Oil (AGO), commonly known as diesel, rose by 84.3 per cent to 18.8 million litres per day (ML/D) in May from 10.2 ML/D in April 2026. According to the latest data released by the Nigerian Midstream and Downstream Petroleum Authority (NMDPRA), there was zero import of diesel as …

Nigeria’s Daily Diesel Supply Rises 84.3% as Import Crashes

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