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The Nigerian Law School has officially announced the programme for the 2024 Bar II Final (Resit) Examinations. The registration period for the examinations will commence on March 18, 2024, and conclude on March 31, 2024. Candidates are required to register online within the specified dates. The mandatory resit revision lectures and tutorials will be conducted […]

Some journalists were held hostage in the premises of the Federal High Court in Osogbo, Osun State, on Tuesday, as the court heard applications for and against the bail of a member of Osun Park Management System, Olalekan Oyeyemi. Oyeyemi, popularly known as ‘Emir’, has been on trial on a 10-count that include conspiracy, malicious […]

The House of Representatives is considering a bill to empower state governors to appoint and remove judges in state High Court, a function presently performed by the National Judicial Council (NJC). The proposed legislation provides that the appointment and removal of the judges, which shall be based on the advice of the state Judicial Service […]

The Senate on Tuesday passed for second reading, the amendment to the Extradition Act, 2004. In his lead debate, the Senate Leader, Opeyemi Bamidele (APC, Ekiti-Central), said in the proposed law, Section 2 (1) and Section 7(4) of the Act are to be amended. He explained that in Section 2, the “Act is amended to […]

The Court of Appeal, Abuja Division, has held that all roads in the Federal Capital Territory (FCT), Abuja belong to the Federal Government of Nigeria and that the Federal Road Safety Commission (FRSC) could go about its constitutional duties on all roads in the nation’s capital. The appellate court held in a judgment in an […]

Trial of the governorship candidate of the Peoples Democratic Party (PDP) in the March 18 election in Ogun State, Oladipupo Adebutu, resumed on Tuesday at the State High Court sitting Abeokuta with a staff of a Zenith generation bank, Celestina Appeal, giving insight into how Adebutu applied for the production of 200,000 prepaid valve cards […]

In move to curb excessive spending and reduce the cost of governance, the Abia State House of Assembly has passed a groundbreaking bill that repeals the pensions and other entitlements of former governors and deputy governors. The bill, sponsored by Uchenna Okoro, the member representing Arochukwu State Constituency, aims to put an end to the […]

Interest Rates on Nigerian Govt Bonds Increase Debt Management Office offered higher spot rates on government bonds at the primary market auction conducted on Monday. Investors have been demanding higher rates on borrowing instruments due to inflation rate surge and high interest rate environment. The inflation rate climbed to 31.7% in February 2024, according to […]

Treasury Bills Yields Pullback after CBN Trims Rates The average yield on Nigerian Treasury bills slid 21 basis points on Monday as investors engaged in some buying activities in the secondary market. This market action followed a recent inflation surge to 31.70%, representing a 1.80% increase from January reading. Market participants sought to park funds […]

Voice, Data Services Hit by Undersea Cable Cuts Restored –NCC Following the disruption on March 14, 2024, which affected data and voice services due to cuts in undersea fibre optics along the coasts of Cote d’Ivoire and Senegal, the Nigerian Communications Commission (NCC) has announced that services have now been restored to approximately 90% of […]

NGX Sheds N239bn as MTNN, GTCO Give up Gains The Nigerian Exchange (NGX) equities market capitalisation lost about N239 billion at the beginning of the week due to selloffs on MTN Nigeria, GTCO, and other stocks that closed negative. MTN Nigeria’s share price appreciated more than 20% last week, while GTCO added 18% to its […]

Hillcrest Industries Offers N5bn CP for Subscription – Comercio Hillcrest Industries has opened N5 billion series three and four commercial paper (CP) for sale to investors in the local debt capital market, according to a statement from Comercio Partners Capital Limited. The offer is expected to close on March 22 2024, Comercio told investors via […]