Bearly few months after the conclusion of Osun state governorship election, the Election Petitions Tribunal hearing the All Progressives Congress’ Adegboyega Oyetola’s petition against the victory of the Peoples Democratic Party’s Ademola Adeleke has annulled the result of the July 16 Osun governorship poll. Justice Tetsea Kume, on Friday while …
Read More »Banks battle new naira shortage ahead deadline
Eight days to the January 31 deadline set by the Central Bank of Nigeria to stop the old N1,000, N500, and N200 notes from being legal tender, banks’ Automated Teller Machines in Lagos, Abuja and other parts of the country are still dispensing the old notes, findings have revealed. Despite …
Read More »Petrol may hit N800/litre on subsidy removal – Marketers
As the scarcity of the Premium of Motor Spirit, popularly called petrol, continued on Sunday, oil marketers have stated that the cost of the commodity would cross N800/litre once subsidy on PMS is removed. Industry operators had repeatedly stated that the high cost of subsidy on petrol was a burden …
Read More »Fuel crisis won’t end soon – Govt, marketers
Amid the lingering petrol scarcity in the country, a senior government official and marketers have dashed the hope of an early resolution of the problem by claiming that supply hitches may not end any time soon. The senior official in the Ministry of Petroleum Resources, who spoke on condition of …
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