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  • Court Dismisses N143 Billion Oil Spill Suits Against Mobil, Upholds Statute of Limitations

    Honourable Justice Chigozie Onnah of the Federal High Court, sitting in Uyo, has dismissed four oil spill suits instituted against Mobil with a claim of over N143 Billion Naira. The Plaintiffs (Unwon Ama Oyorkoto Unity Fishing Cooperative Society, Mgbambop Otako Fishing Cooperative Investment and Credit Society Ltd, Oyorokoto Unity Fish Farming Cooperative, and Mr Dimkpa […]
  • Gov. Sanwo-Olu Swears In 13 New High Court Judges, Urges Impartiality & Excellence

    Lagos State Governor, Mr Babajide Sanwo-Olu, on Thursday, urged the newly appointed judges in the state to reflect the highest standard of impartiality, compassion, ethical standards, and excellence that Lagos is known for in carrying out their day-to-day activities. Speaking at the swearing-in ceremony of the 13 newly appointed judges of the Lagos High Court […]
  • Delta Assembly Shut Down As Parliamentary Staff Union Protests Unpaid Salary Allowances

    Members of the Delta State branch of the Parliamentary Staff Association of Nigeria (PASAN) have shot down the state House of Assembly over what they described as failed campaign promises of a new salary structure by the state governor, Sheriff Oborevwori. The striking workers halted all activities within the Assembly, barricading the entrance and denying […]
  • Defying IPOB’s Sit-At-Home Order, Enugu Students Sit For WASSCE Exams On Thursday

    Despite the sit-at-home order in the southeast by the Indigenous People of Biafra (IPOB), students writing the West African Senior School Certificate Examination (WASSCE) in Enugu State on Thursday, May 30, sat for the Mathematics exam. The secessionist group had insisted that sit-at-home would be observed in the region on Thursday, as a way to […]
  • Embracing Change: Tobenna Erojikwe Calls For Structural Reforms In The Legal Profession

    In a captivating address during the Nigerian Bar Association (NBA) Port Harcourt Monthly Branch Meeting, Tobenna Erojikwe, the Chairman of the Governing Council of the NBA Institute of Continuing Legal Education (NBA-ICLE), delivered an insightful speech on “Structuring for Growth” within the Nigerian legal profession. Erojikwe’s thought-provoking remarks resonated with the legal community, emphasising the […]
  • Naira Crashes by 13.3% as FX Reserves Record Second Outflow

    Naira Crashes by 13.3% as FX Reserves Record Second Outflow The naira, Nigerian local currency, crashed by about 13.3% day on day in the foreign exchange (FX) market on the obvious FX liquidity challenge that has persisted since last month. Yesterday, the naira gained sharply to settle at N1,173.88 per US dollar at the Nigerian […]
  • Microsoft to Host African Startups AI Fest

    Microsoft to Host African Startups AI Fest The hybrid event will bring together startup founders and pioneers from across Africa; Microsoft’s startup partners and customers will take to the main stage to share their stories of success; Up to 10,000 startups will be given access to industry-specific expertise and insights on how best to take […]
  • CBN Sells OMO Bill at 22.43% Interest Rate to Investors

    CBN Sells OMO Bill at 22.43% Interest Rate to Investors The Central Bank of Nigeria (CBN) sold OMO bills at a spot rate of 22.34% for one year securities to investors who bid for 363-day tenor at the primary market auction conducted on Wednesday. At auction, the CBN offered N500 billion across various standard maturities. […]
  • Nigerian Exchange Spikes by N246bn as Tier-1 Banks Rally

    Nigerian Exchange Spikes by N246bn as Tier-1 Banks Rally The Nigerian Exchange (NGX) equities market capitalisation surged by N246 billion midweek as Tier-1 banks rally further.  Transaction details from the local bourse showed that the All-Share Index, which opened at 98,383.04, gained 0.44 percent to close at 98,818.04. This increase contributed to the market capitalisation […]Read More