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Zenith Bank Valuation Rises after Record Breaking Dividend Payment Zenith Bank Plc’s share price gained about 7% after the group raised the bar with its skyrocketed dividend payment to shareholders following approval at its annual general meeting. At its annual general meeting, shareholders approved the proposed final dividend payment of N2.90 per share, bringing the […]

Naira Reclaims Value as Nigeria Records FX Inflows The Nigerian local currency, the naira, traded strongly against the domination of the United States (US) dollar across foreign exchange (FX) markets, according to market data. In the open market, the local currency also appreciated as demand pressure declined. Nigerian naira gain was supported by a very […]

Nigeria’s Top Banks Valuation Rises to N2.5trn Nigeria’s big balance banks market valuation inched higher to N2.519 trillion, according to data obtained from the Nigerian Exchange following recent earnings, and dividend declarations. The tier-1 lenders’ latest valuation is an improvement from selling rallies witnessed in the banking sector in the first quarter. Top banks in […]

THE Benin Division of the National Industrial Court of Nigeria (NICN) has barred Edo Tipper Drivers Association from collecting dues from tipper owners and rivers because it was not a union and lacks the powers to operate like one. The judgment delivered by Justice Abiola Adewemimo was a sequel to a suit marked NICN/BEN/36/2018 initiated […]

Nobel laureate, Professor Wole Soyinka, has described the word ‘reconciliation’ in some media reports of Peter Obi’s visit to him on Sunday, as a “most inappropriate and diversionary invocation”. Soyinka stressed that there was basically no issue to reconcile between him and Obi, who was the Labour Party, LP’s presidential candidate in the February 25 […]

The Governing Council of the University of Abuja has approved the appointment of the youngest professor of law in Nigeria and the first female professor from Northwest Nigeria, Aisha Maikudi, alongside Professor Philip Afaha as Deputy Vice Chancellors Academic and Administrative respectively. This was disclosed in a statement by the university said on Monday. The […]

Senator Ifeanyi Ubah on Monday maintained that the South-East region deserves the Senate Presidency seat despite the ruling All Progressives Congress (APC) zoning the position to the South-South. The lawmaker representing Anambra South argued that if the South-East produces the next leader of the upper lawmaking body, it would help in strengthening the unity of […]

The National Working Committee (NWC) of the All Progressives Congress (APC) has zoned the  positions of the Senate President of the 10th National Assembly to the South-south and the Speaker of the House of Representatives to North-West. See the full list of nominated members and zone: SENATE: 1. Senate President – South-South – Senator Godswill […]

By Professor Damilola Olawuyi, SAN and Elena Athwal At the conclusion      of the fifteenth United Nations Biodiversity Conference (COP15) in Montreal in December 2022, the participating countries celebrated the adoption of the Kunming-Montreal Global Biodiversity Framework. This Framework elaborates global targets      to be achieved by 2030, including the      conservation      and safeguarding of the wide variety […]

The Economic and Financial Crimes Commission (EFCC) on Monday arraigned a businesswoman, Saadatu Ramallan-Yaro, at the Federal High Court sitting in Lagos. for alleged money laundering. Ramallan-Yaro, Director of April 1616 Investment Limited and Amsaymay Limited – both Designated Non-Financial Institutions – was brought before Justice Nicholas Oweibo. Also arraigned on separate charges were four […]

Greetings from the Institute of Chartered Mediators and Conciliators (ICMC). The Institute is pleased to announce the Direct Admission to Fellow. Please find below the qualifying criteria: 1. Members of the Institute of Chartered Mediators and Conciliators who have maintained membership (MICMC) for a minimum of five (5) years 2. Serving and Retired High Court […]

*Calls for digitisation of court rooms The Katsina State Chief Judge, Justice Musa Danladi Abubakar, has blamed lawyers and litigants for the slow pace of justice administration in the country. The chief judge, who disclosed this Monday in an interactive session with some journalists in Katsina, blamed the lawyers for prolonging cases in court through […]