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The Nigerian Bar Association (NBA) has not suspended a young female lawyer identified as Ifunanya, contrary to claims. Reports since last weekend claimed she was sanctioned over photos showing her either unclad or smoking marijuana. Some believe the actions of Ifunanya, who was called to bar last year, are not good for the image of […]

US Slams BAT $508mn over Violation of Sanctions The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) announced a $508 million settlement agreement with London-headquartered British American Tobacco (BAT) to resolve its apparent violations of U.S. sanctions on the Democratic People’s Republic of Korea (DPRK) and proliferators of weapons of mass destruction […]

NGX Gains N137bn as Telecom, Banking Stocks Rally Bargain hunting drives the Nigerian Exchange (NGX) upward after the local bourse reported a N305 billion weekly loss last week. Some bellwether stocks reclaimed losses, pushing equities market capitalisation higher by N137 billion to close at N28.1 trillion as against the N27.963 trillion posted at the last […]

US President Joe Biden Seeks Reelection in 2024 United States President Joe Biden on Tuesday formally announced that he is running for reelection in 2024, asking voters to give him more time to “finish the job” he began when he was sworn into office and to set aside their concerns about extending the run of […]

EU’s Crypto Legislation to Drive Cryptocurrency Prices The EU Parliament’s passing of the Markets in Crypto Act, or MiCA, has been hailed as a “landmark moment” for cryptocurrencies that will “help drive prices” for the likes of Bitcoin, by the CEO of one of the world’s largest independent financial advisory, asset management and fintech organisations. […]

Investing in Africa is Profitable, AfDB President Tells Japanese Investors The president of the African Development Bank Group, Dr. Akinwumi Adesina, has called for a significant increase in Japanese investment in Africa, saying the continent is the world’s best investment destination now and in the future. Dr. Adesina is leading a Bank delegation on a […]

DMO Raises N2.2trn as FG Front Load Borrowings Debt Management Office (DMO) has raised N2.2 trillion year to date, a total sum that is more than 91% of its domestic borrowings target in the first half of 2023 amidst a plan to finance Nigeria’s budget deficit via the local debt market. MarketForces Africa reported that […]

Prof. Mike Ozekhome, SAN, CON, OFR, FCIArb, LL.M, Ph.D, LL.D, D.Litt. INTRODUCTION The journalist and prose writer in me screams to manifest today. Far away from gladiatorial courtroom litigation and suffocating trenches. They urge me to move away today from the classroom, soapbox and television screen. I am today compelled to write on the topical […]

Gov. Seyi Makinde of Oyo State says the delay in the emergence of the new Alaafin of Oyo and Soun of Ogbomosoland, was to allow due process to be followed in their selection to avoid a repeat of past mistakes. Makinde made this known on Tuesday in Ibadan while swearing in the new Chief Judge […]

THE Federal Government’s buses have arrived the meeting point of International University Of Africa, Khartoum for the evacuation of the stranded Nigerian students in Sudan through Cairo. A set of five 200-seater buses drove into the venue at exactly 7:30pm local time (5:30pm – Nigerian time) with two Hilux trucks of security personnel and a […]

A Federal High Court on Tuesday ordered the release of processes and documents in the money laundering trial of a former Minister of State for Finance, Nenandi Usman and others to the Economic and Financial Crimes Commission (EDCC). The prosecutor, Mr Rotimi Oyedepo, SAN, made an application before Justice Daniel Osiagor, to release all documentary […]

The CEO of Meta, the parent company of the popular messaging app, WhatsApp, Mark Zuckerberg, has announced a new update to the app which will enable users to log into as many as four smartphones with the same account simultaneously. In a statement posted to his verified Facebook page on Tuesday, Zuckerberg wrote, “Starting today […]