The Inspector General of Police, IGP Olatunji Ridwan Disu, emphasised that security is the responsibility of every citizens of Nigeria. IGP Disu stated this in his address during the commissioning of the Oyan Divisional Police Headquarters on Saturday in Oyan town, Odo-Otin local government council area of Osun State. The project which was sponsored by…
The Central Bank of Nigeria has reduced the Monetary Policy Rate by 50 basis points to 26.50 per cent from 27 per cent. The Governor of the apex bank, Olayemi Cardoso, announced the decision during a press briefing following the 304th meeting of the Monetary Policy Committee held on Tuesday. Cardoso said the decision to…
The Nigeria Union of Journalists, Osun State Council, has congratulated Ooni Adeyeye Enitan Ogunwusi on the official launch of OJAJA Soft Drinks. In a statement issued on behalf of the Council, the Chairman, Comrade Adeyemi Aboderin, described the unveiling as a significant development under the leadership of the Ooni of Ife, who also serves as…
The Naira has appreciated significantly in recent weeks, reaching one of its strongest levels in nearly two years amid improved foreign exchange liquidity, according to a macroeconomic update by CardinalStone. The report indicated that the local currency gained 6.9 per cent year-to-date in the official market, closing at 1,347.78 to the Dollar on Monday. Analysts…
The Nigerian currency posted mixed movements against the United States dollar on Wednesday across the country’s foreign exchange markets. Data released by the Central Bank of Nigeria showed that the naira weakened at the official window, closing at N1,338.11 per dollar compared with N1,335.96 recorded on Tuesday. The latest figure indicates a day-on-day depreciation of…
The Nigerian Union of Journalists, NUJ, Osun State Council, has elected Comrade Adeyemi Aboderin as its chairman. Comrade Aboderin was elected during the state council election on Tuesday at the NUJ Press Centre, Osogbo. He emerged victorious after defeating his opponent, Sofiu Abdulganiyu, in a keenly contested electoral race. Related News: Osun NUJ Congratulates Commissioner On…
Okomu Oil Palm Company Plc has reported a pre-tax profit of N87.3 billion for the year ended 31 December 2025, according to its recently released unaudited financial statements. The figure represents a 63.64 per cent increase from the N53.3 billion recorded in 2024, reflecting stronger earnings from palm oil and rubber operations during the period….
Petroleum products marketers have indicated that fuel prices may decline across Nigeria in the coming days following a drop in the parity of imported petrol below the Dangote Refinery gantry price. The President of the Independent Petroleum Marketers Association of Nigeria, Abubakar Maigandi, disclosed this in an interview on Monday. His remarks followed data released…
Governor Ademola Adeleke of Osun State has described a former governor of the state, Prince Olagunsoye Oyinlola, as a patriotic democrat whose contributions to the growth and stability of Osun State remained significant. The governor made the remark at a programme organised in honour of Prince Oyinlola’s 75th birthday in Ile-Ogbo on Sunday. Represented by…
The Naira closed the trading week at N1,366.19 to the dollar at the official foreign exchange market, as Nigeria’s external reserves increased to $46.91bn, according to data from the Central Bank of Nigeria, CBN. Figures released by the apex bank showed that the local currency depreciated marginally on Friday, weakening to N1,366.19 per dollar from…
