News

News

SEC Licensing Crackdown: Court Convicts 21 Unlicensed Investment Firms, Imposes ₦30m Fine Each

The Federal High Court in Lafia, Nasarawa State, has convicted 21 corporate entities for carrying out financial investment services and operating without valid licenses from the Securities and Exchange Commission…

AyobamiBlog September 29, 2026

News

Kara Bridge Traffic Gridlock: Sanwo-Olu Appeals to Motorists Amid Ongoing Repairs and Truck Crash

Governor Babajide Sanwo-Olu has addressed the severe gridlock affecting commuters traveling out of and within Lagos, following a multi-truck accident at Kara Bridge coupled with active bridge repair works. ​Key…

AyobamiBlog September 16, 2026

News

Distress Signal Ignored? Three-Storey Building Collapses in Wuse Zone 4, Abuja

A three-storey building in Wuse Zone 4 of the Federal Capital Territory (FCT), Abuja, collapsed on Monday evening, shortly after authorities issued a quit notice to its occupants. ​No fatalities…

AyobamiBlog September 8, 2026

News

Lagos Govt Warns Motorists Ahead of Kara Bridge Repairs

The Lagos State Government has advised motorists using the Lagos-Ibadan Expressway corridor to prepare for possible traffic disruptions as repair works begin on the Kara Bridge from 8 September 2026.…

AyobamiBlog September 7, 2026

Gist

Dangote Refinery Opens IPO to Nigerians with Minimum Investment of N5,250

Africa’s richest businessman, Aliko Dangote, has announced that Nigerians can become shareholders in the Dangote Petroleum Refinery through its upcoming Initial Public Offering (IPO) with a minimum investment of just…

AyobamiBlog September 7, 2026

News

Why Fuel Prices Keep Climbing: NMDPRA Speaks on Sourcing, Logistics, and Single-Source Refining

The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has stated that ongoing petrol price fluctuations are driven by complex market realities, including crude oil procurement costs, reliance on a…

AyobamiBlog September 7, 2026

News

Tragedy at Miami Airport: Amazon Cargo Plane Overshoots Runway, Leaving 5 Dead and 5 Injured

Federal authorities in the United States have launched a comprehensive investigation into the cause of a fatal incident involving an Amazon cargo plane that overran the runway upon landing at…

AyobamiBlog September 7, 2026

News

“No Be Just Permit”: Why Lagos Building Approvals Now Chop Up to 30% of Developers’ Budget

Developers in Lagos are facing a tough reality as regulatory compliance and approval costs now gulp nearly 30% of total project expenses. Industry experts reveal that obtaining a building permit…

AyobamiBlog September 7, 2026

Economy

TRANSPORTATION RELIEF: President Tinubu and Governors Target October 1 for Lower Fare Rates via CNG Transition

President Bola Ahmed Tinubu has announced a coordinated framework between the Federal Government and the Nigeria Governors’ Forum (NGF) aimed at driving down public transport costs across the country. ​Following…

AyobamiBlog August 27, 2026

News

CrossCountry Resumes Services After Control Centre Outage – UK

Long-distance train operator CrossCountry is resuming full service today, Monday, August 24, following major network-wide cancellations caused by a power cut at its main control centre in central Birmingham. ​The…

AyobamiBlog August 24, 2026