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A senior lawyer, Jibrin Okutepa, has expressed concern over the federal government’s failure to swear in 11 new Supreme Court justices over two months after they were confirmed by the Senate. In a statement on Tuesday, Okutepa, a Senior Advocate of Nigeria (SAN), described the delay as “unacceptable and unfortunate” while accusing the government of […]

A Grade One Area Court sitting at Aco Estate, Abuja, has convicted a CBT centre owner, Mr. Ezechinoso Augustine, of registration infraction, concealment, breach of trust, and theft. When the case came up for hearing on Monday, February 6, 2024, the accused, who operates a CBT centre in Onitsha, was charged with criminal breach of […]

The Nigerian Navy Ship BEECROFT announced on Sunday that it had arrested the Motor Tanker SAISNIL II for alleged oil theft in Lagos waters. According to a press statement by the Base Information Officer, Hussein Ibrahim, the vessel, flagged in St. Vincent & Grenadines and carrying 11 crew members at the time of arrest, contained […]

ACCESS Holdings Plc has officially confirmed the death of its pioneer Chief Executive Officer, Herbert Wigwe, and said it will announce the appointment of an acting Chief Executive Officer to run the affairs of the company. In a statement issued on Sunday, February 11, confirming the death of Wigwe along with his wife, Chizoba and […]

A Lagos High Court sitting at Tafawa Balewa Square (TBS) has fixed March 27, 2024 for arraignment of a property developer, Kelechukwu Mbagwu, over alleged forgery of a document belonging to a stalwart of the All Progressives Congress (APC), late Chief Olufemi Folarin Oshile. Justice Sherifat Sonaike fixed the date after the state prosecution counsel, […]

Following the tragic attacks resulting in the loss of over 200 lives across three local government areas in Plateau state – Bokkos, Mangu, and Barkin Ladi, President Bola Tinubu has approved the immediate establishment of a Military Barracks. The Barracks will be located in Miller Farm (Gada Biyu) Mbar District of Bokkos local government area. […]

Access Holdings CEO Herbert Wigwe Dies in Helicopter Crash The Chief Executive Officer of Access holdings Herbert Wigwe,  his wife Chizoba, a son and Abimbola Ogunbajo, former President of Nigerian Exchange group plc and 3 others, are feared dead in a helicopter crash between the borders of Nevada and California. A search and recovery operation […]

Oil Rallies this Week, Prices Remain Range Bound Crude oil prices rose for this week as demand outlook in the global market improved despite uncertainties, including geopolitical tension in the middle east. West Texas Intermediate (WTI) closed higher for a fifth-straight day on demand hopes and geopolitical worries, though prices failed to break out of […]

Cryptocurrency Rallies Pushed Bitcoin Price to $48,000 Most major digital assets advanced again Friday, with bitcoin (BTC/USD) briefly crossing the $48,000 threshold. The CoinDesk Market Index, which tracks 189 digital assets, was up 4% in the past 24 hours while the Nasdaq 100 and the S&P 500 rose 1% and 0.5%, respectively, and the Dow […]Read More

Inflation Rate Slows to 3.1% in Rwanda The annual inflation rate in Rwanda fell for the fourth straight month to 3.1% in January 2024 from 6.4% in December 2023. It was the lowest inflation rate since January 2021, with food prices rising the least in 22 months (2.9% vs 9.1% in December), amid falls in […]Read More

AFCON FINAL: Shettima Leads Presidential Delegation to Abidjan President Bola Tinubu has directed the Vice-President,  Kashim Shettima to lead a presidential delegation to the finals of the African Cup of Nations (AFCON) in Côte d’Ivoire. Mr Stanley Nkwocha, Senior Special Assistant to the President  on Media & Communications, Office of the Vice-President, stated  this  in […]

EFCC Declares Emefiele’s Wife, Others Wanted for Alleged Money Laundering The Economic and Financial Crimes Commission (EFCC) has declared Margaret Dumbiri Emefiele, wife of the immediate-past governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, wanted. The anti-graft agency also declared Eric Ocheme Odoh, Jonathan Omoile, and Anita Joy Omoile as wanted. The EFCC […]