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Nigeria’s annual inflation rate rose to 34.80 per cent in December 2024 from 34.60 per cent in November, the National Bureau of Statistics (NBS) said on Wednesday. This marks a continuation of the upward trend observed in September 2024, when the nation recorded a reversal of a two-month decline. The statistics office said the December […]

Gov. Ahmed Ododo of Kogi on Wednesday directed the stoppage of the Tax Clearance Certificate (TCC) as a prerequisite for students’ registration into tertiary institutions. Alhaji Sule Enehe, Chairman, Kogi State Revenue Services (KGSIR), disclosed in a press conference held in Lokoja. The News Agency of Nigeria (NAN) reports that the Kogi government had on, […]

A human rights lawyer, Deji Adeyanju, has issued a 48-hour ultimatum to the Inspector-General of Police, Kayode Egbetokun, to immediately suspend the proposed enforcement of third-party insurance for vehicle owners. In a petition addressed to the police boss, Adeyanju argued that the policy is not only unpopular, but also lacks legal backing under the Police […]

Tension in the Southeast has greatly reduced since the arrest of Finland-based Biafra agitator, Simon Ekpa. This was disclosed by the Chief of Defence Staff, General Christopher Musa, while appearing before the House of Representatives Committee on Defence to defend the 2025 budget on Tuesday. Musa also disclosed that the sit-at-home is gradually fading away […]

The Central Bank of Nigeria (CBN) has sanctioned Deposit Money Banks (DMBs) for failing to make Naira notes available through automated teller machines (ATMs), during the yuletide season. Each bank was fined ₦150 million for non-compliance, in line with the CBN’s cash distribution guidelines, following spot checks on their branches. The enforcement action follows repeated […]

Ngozi Okonjo-Iweala, director-general of the World Trade Organisation (WTO), says Nigeria can reap major rewards from artificial intelligence (AI) if proactive. Okonjo-Iweala spoke at the 10th convocation ceremony of the African University of Science and Technology (AUST) in Abuja on Tuesday. In her keynote address, the economist said Nigeria and three other African countries could […]

OpenAI said Tuesday that Adebayo Ogunlesi, a senior managing director at BlackRock, is joining the startup’s board of directors, the latest announcement in the company’s move toward a for-profit structure. Ogunlesi is a founding partner of Global Infrastructure Partners, an infrastructure investing firm that was acquired by BlackRock last year for $12 billion. Before helping […]

President Bola Tinubu has approved the appointment of Folashade Arinola Adekaiyaoja as deputy director general for the Department of State Service (DSS). The approval, the first by any president, has drawn commendations from a large section of serving and retired DSS officers, who see the move as largely aimed at restoring professionalism to the Service. […]

An Ondo State High Court sitting in Akure, has discharged and acquitted the immediate past Speaker of the State of Assembly, Hon Bamidele David Oleyeloogun, and two others of N2.4 m fraud. Recall that the Economic and Financial Crime Commission (EFCC), an Ondo State High Court, had three years ago docked the former Speaker and […]

A statue of Ghana’s former president, Nana Akufo-Addo, unveiled in November 2024, has been destroyed, sparking debate among citizens. The statue, located in the Western Region, had been erected to honour the president’s development initiatives during his tenure. However, it became a target of criticism, with many accusing the former leader of self-glorification amidst the […]

Governor Peter Mbah of Enugu State has approved a salary increase for the state’s 459 customary court judges. This adjustment, announced on Monday by Reuben Onyishi, the Governor’s Senior Special Assistant on New Media, will take effect from January 2025. The new salaries align with Enugu State’s recently implemented minimum wage of ₦80,000. The decision […]

As the African business landscape evolves, the role of corporate lawyers is rapidly changing. Today’s legal professionals are expected to go beyond legal expertise—they must be strategic advisors, business-savvy leaders, and risk managers who understand the broader corporate objectives of their organizations. Are you ready to step up? Join us for the Mini-MBA for Corporate […]