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By Muiz Banire SAN When, on the 1st of June, 2023, I wrote on the above subject, condemning and discouraging the often unholy romance between the judiciary and the executive, little did I know that I would have cause to revisit the issue, at least, not in the nearest of time. Interestingly, here I am […]

Presumed human remains have been recovered from within the wreckage of the Titan, the submersible that imploded on a voyage to the Titanic earlier this month, killing all five aboard, the US coast guard reported on Wednesday. US medical professionals will conduct a formal analysis of the remains, the Coast Guard said. “The evidence will […]

Buba Galadima, a chieftain of the New Nigeria People’s Party (NNPP), has called on President Bola Tinubu to sack Mahmood Yakubu, chairman of the Independent National Electoral Commission (INEC). He spoke in an interview on Channels TV’s Political Paradigm. Galadima accused the INEC boss of subverting the will of Nigerians during the last presidential election. […]

There was uproar at Osogbo Eid prayer ground on Wednesday when Osun Governor Ademola Adeleke and ex-senate spokesperson Ajibola Basiru clashed over sitting arrangement. Our correspondent observed Basiru arrived the Eid praying ground located at Oke-Baale around 9:35am with Muslim and community leaders in a car belonging to the Asiwaju of Muslim in Yoruba Land […]

A magistrate court sitting in Umuahia, Abia State, had remanded a revenue contractor, Mr. Tochi Eiphraim, for allegedly flouting Gov. Alex Otti’s order terminating all revenue contracts in the state. Otti had in a statement by his Chief Press Secretary, Mr. Kazie Uko, terminated all revenue contracts and directed revenue contractors to return government documents […]

FPIs: Nigeria’s FX Reform Half-Done Till CBN Clears Backlogs – Investment Firms After a decision to unify its multi-tiered exchange rates, foreign currency has not started flowing into the Nigerian economy as there is an obvious gap in forex supply and demand in the official markets. Exchange rates have slumped and the outlook remains unclear […]

Negative Yields: Foreign Investors Maintain Distance from Nigeria’s Bond Market Nigerian institutional investors’ position in the bond market has remained active as Foreign Portfolio Investors (FPIs) maintained a distance over negative interest rates earned on government borrowing instruments in the capital market. At the recent bonds auction, spot rates on government fell, widening negative interest […]

Imported Inflation: Analysts Differ on Interest Rate Outlook An estimated spike in imported inflation is expected to top discussion at the monetary authority’s meeting next month following a large devaluation of the naira in a country that depends heavily on goods and services imports from offshore. With the recent devaluation of the naira, Nigerian companies […]

T-Bills Rally On Sizeable Market Liquidity, Yields Slump Fixed income investors resume buying bills in the secondary market for the local Treasury Bills market after weekend selloffs ahead of the Central Bank of Nigeria’s (CBN) primary market auction tomorrow. Sizeable liquidity in the financial system pushes interest on short-term instruments higher. However, market investors have […]

The UK’s controversial plan to send asylum seekers to Rwanda will cost £169,000 ($210,000) per person, according to an impact assessment published Tuesday, although the government insisted it would recoup most of the costs. The UK’s Conservative government has made tackling immigration a priority, and it was a key promise as the country left the […]

The early bird registration deadline for the 2023 NBA-SLP Annual Conference, which will be held in Abuja, has been extended. The conference, which is slated to take place at NBA House Abuja from July 16–19, 2023, promises to be both educational and entertaining. This year’s conference has “Legal Practice Without Borders” as its theme. It […]

The Canadian government has unveiled its first-ever immigration tech talent strategy that will create new job opportunities for other countries including Nigeria. This comes a few days after Germany passed an immigrant law designed to encourage more people from outside the European Union to come to the country for work. The talent strategy which was […]