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*Justice Alaba Omolaye-Ajileye To Deliver Keynote Address At Programme The University of Nigeria Students’ Union Government (SUG), is to hold the Judiciary Day on Friday, 9th June, 2023. The event is scheduled to take place at the CBN Centre for Economics and Finance, University of Nigeria, Enugu Campus. Retired Judge of Kogi High Court, Hon. […]

A former academic staff member of Waziri Umaru Federal Polytechnic, Kebbi State, Muhammed Sani Nuhu, has been sentenced to five years imprisonment for deviously allotting over N6 million belonging to the polytechnic to himself. This was after the Independent Corrupt Practices and Other Related Offences Commission had secured his conviction. According to a statement by […]

A former President of the Nigerian Bar Association, NBA, Paul Usoro, SAN has been appointed as the new Chairman of Access Bank Plc,  According the information published on acessbankplc website. Prior to his appointment in May, 2023, Mr. Usoro had been a Non-Executive Director of the bank since January 2014. Mr. Usoro is a Senior […]

Justice Olubumni Abike-Fadipe of the Special Offences Court sitting in Ikeja, Lagos State has threatened to declare a former Minister of Aviation, Femi Fani-Kayode, wanted if he fails to appear on the next adjourned date for his trial on the forgery allegation. Justice Abike-Fadipe decried Fani-Kayode’s constant non-appearance in court, saying that the last time […]

The Nigerian Bar Association, Section on Business Law (NBA-SBL) has announced the leaders of the Conference Planning Committee of its upcoming 17th Annual International Business Law Conference, themed “The Nigerian Business Landscape: Priorities for Law, Policy and Regulation”. The full list of the executive committee and subcommittee chairs as published by the NBA-SBL are as follows: […]

*Okays Automated NIN-SIM Linkage System *Okays Multi-Billion Naira Power Projects In Daura Emirate, Potiskum, Ogun *Okays Women Economic Empowerment Policy The Federal Executive Council, presided over by President Muhammadu Buhari has approved new policy that can now allow Nigerians request their commercial banks to provide them with a debit card which doubles as their National […]

*Charges FG To Come Clean Over Plot To Scuttle S’Court Judgment The Peoples Democratic Party (PDP) has cautioned President Muhammadu Buhari that declaring Friday, May 26, 2023 a public holiday as a ploy to stop the Supreme Court from sitting to deliver judgment on the disqualification case against the All Progressives Congress (APC) Vice Presidential […]

THE Lagos Governorship Election Petition Tribunal has struck out two petitions against the re-election of the state governor and All Progressives Congress (APC) candidate, Babajide Sanwo-Olu. The development followed the withdrawal of the petitions by the concerned parties – Allied Peoples Movement (APM) and All Peoples Party (APP) – on Wednesday, May 24. Both parties […]

CBN Revokes 179 MfBs, 4 Mortgage Banks Licences Central Bank of Nigeria (CBN) has withdrawn a total of 179 microfinance banks, three finance companies and four primary mortgage bank operating licences, it said in a statement posted on its website. In an official gazette of the Federal Government of Nigeria, CBN said the microfinance banks, […]

Ethiopia Coffee Production to Rise in 2023-24 Ethiopia’s coffee production is forecast to rise by 1% in the marketing year beginning October 2023, the U.S. Agriculture Department said late Friday. Production is expected to increase to 8.35 million 60-kilogram bags from 8.27 million bags in the current year, the USDA said in its annual Ethiopia […]

Naira Tumbles over Weak FX Supply As demand eclipsed market supply, more Nigerian naira was required to obtain a United States (U.S.) dollar across foreign exchange (FX) markets on Tuesday, according to FMDQ Exchange data. The exchange rate continues to face pressures from US dollar domination due to a sustained imbalance between the demand and […]

IMF: Britain to Avoid Recession in 2023 The UK is no longer expected to fall into recession in 2023, thanks to resilient demand and supply, though the outlook is still subdued due to high inflation and the resulting monetary tightening, the International Monetary Fund said Tuesday. The IMF anticipates a 0.4% economic growth for Britain […]