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Nigerian Naira Inches Near Forward Rate Nigerian naira inches near the non-deliverable value of N715 per United States dollar Friday after it was sold at N702.19 at the investors’ and exporters’ foreign exchange window yesterday. This suggests an accurate market value of the local currency after a decision to float the naira to achieve a […]

By Hameed Ajibola Jimoh Esq. The requirements of an affidavit have been clearly defined by the Evidence Act, 2011-hereina after referred to as the EA. Most specifically, section 115(2) of the EA has restricted what an affidavit should contain especially, to such restriction that an affidavit shall only contain ‘facts’ and nothing more or less […]

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*AIT Broadcaster Ijeoma Osamor Testifies For Peter Obi The Presidential Election Petition Court, PEPC, sitting in Abuja, has admitted in evidence, additional video evidence that was tendered by candidate of the Labour Party, LP, Mr. Peter Obi. The video recording, which was played in the open court on Friday, after it was admitted as an […]

A Federal High Court sitting in Minna, has stopped the Niger state government from demolishing Ashrab Energy International Limited, located in the state. The Niger state government had on May 30th, 2023 marked Ashrab located at Keteren-Gwari in Minna, with occupancy Nos. NGS/913 and NGS/8821 for demolition. This came as the Governor of Niger state […]

Dr Ramon Adedoyin, the owner of Hilton Hotels in Ile-Ife, Osun State, along with two of his staff members who were convicted for the murder of ex-Masters student Timothy Adegoke from Obafemi Awolowo University, have lodged an appeal against the verdict in a higher court. Previously, Osun State Chief Judge Adepele Ojo had presided over […]

THE Osun State police command has arrested Kehinde Adesogba Adekusibe, a 28-year-old man, for allegedly making threats against the Igbo residing in Nigeria’s South-West. Adekusibe had in May 2023, in his now-deleted Twitter post, called for the summary killing of all people of the Igbo extraction. Although he later apologised, his comments generated intense anger […]

The Chairman of Dangote Group, Aliko Dangote, and Microsoft co-founder, Bill Gates, will on Monday meet President Bola Tinubu at the State House, Abuja. Dangote disclosed this after a closed-door session with Tinubu at the Aso Rock Presidential Vila on Friday. “I did not come to do much. I only came to inform the President […]

The Central Bank of Nigeria on Friday said that the 43 items restricted from accessing Foreign Exchange from the official window remain banned from the Investors and Exporters (I&E) window. This means the restriction of foreign exchange allocation for the importation of the 43 items still stands. The bank said this in a series of […]

Former President Goodluck Jonathan’s office has debunked the claim by the Afrobeat singer, Femi Kuti, that he (Jonathan) was invited by the Economic and Financial Crimes Commission over allegations of fraud when he was deputy governor of Bayelsa State. A statement issued by Wealth Ominabo, a media officer in the former president’s office, on Friday, […]

A Senior Advocate of Nigeria (SAN), Wahab Shittu, has expressed concern over the trend of upheavals that have plagued the leadership of the Economic and Financial Crimes Commission (EFCC) since its inception. This comes after Wednesday’s suspension of EFCC Chairman Abdulrasheed Bawa by President Bola Tinubu. Bawa was preceded by four other similarly ousted EFCC […]