admin

A chieftain of the opposition party, the Peoples Democratic Party, Daniel Bwala, on Wednesday, said he is committed to supporting the administration of President Bola Tinubu, even if that requires him to defect to the All Progressives Congress. “I told him today, I am committing to play my part to support your administration, and I […]

The Chief Judge of the High Court of the Federal Capital Territory, Hon. Justice Husseini Baba Yusuf, has carried out a renumbering of courts in the FCT Judiciary following the recent retirement of Hon. Justice Muawiyya Baba Idris. In a letter dated January 9th 2024 addressed to all Honorable Judges of the FCT High Court, […]

The Redeemed Christian Church of God (RCCG) has clarified that the rule prohibiting outsiders from preaching in its churches is applicable worldwide. A January 5, 2024, memo signed by Pastor Oladele Balogun, Special Assistant to the General Overseer on Administration, titled “Invitation of Guest Ministers in RCCG,” went viral on Monday. It said that “no […]

The Federal Government did not stop the operation of Treasury Single Account (TSA) initiative, findings have shown. According to investigations, the Ministry of Finance only issued new directives on how the TSA initiative will be operated. In a circular signed and released on December 28th, 2023 by the Honourable Minister of Finance and Coordinating Minister […]

A Senior Advocate of Nigeria (SAN), J.S Okutepa has appealed to the Supreme Court to re-examine its position requiring subpoenaed witnesses in election cases to frontload their written statements within the 21 days for filing petitions. Okutepa argued that such expectations of sworn depositions from unwilling witnesses summoned to testify for the opposing party is […]

By Baridoo Bariledum Bright A sagacious look at the political rift amongst members of the once big ‘New Rivers Vision’ family in Rivers State appears to be far from over. Recall that two factions of the Rivers State House of Assembly had since emerged as a consequence of the impeachment notice served on Governor Fubara. […]

The Federal High Court Abuja on Wednesday, fixed March 20 to deliver judgment in a suit filed by a member of the Seventh-day Adventist Church, Mr Ugochukwu Uchenwa seeking to stop the conduct of elections and examinations on Saturdays. Justice James Omotosho fixed the date after listening to counsel’s arguments for and against the suit. […]

Multichoice has concluded plans for its SuperSport channel to broadcast the upcoming Africa Cup of Nations (AFCON) taking place in Cote d’Ivoire. Earlier reports had suggested the satellite TV provider might not air the competition after reportedly failing to acquire rights. However, a reliable source has now confirmed that SuperSport has secured non-exclusive transmission rights […]

The Central Bank of Nigeria (CBN) has dissolved the boards and managements of Titan Trust Bank, Polaris Bank, Union Bank and Keystone Bank with immediate effect. In a statement on Wednesday signed by CBN’s Acting Director of Corporate Communications, Hakama Sidi Ali, the action was due to the banks’ non-compliance with various sections of the […]

Disconnection: Subscribers Reveal Plan to Leave Glo Network Following a report of disconnection of globacom subscribers by MTN, the local company may soon experience customers leaving the network en masse. Despite globacom denying the report, some customers who spoke with Market Forces expressed fears the matter could get worse and customers may get stranded at […]

Nigerian Exchange Registers Large Daily Gain of N1.6Trn The Nigerian Exchange (NGX) registered a large daily gain of about N1.6 trillion on Tuesday amidst the ongoing early rally in 2024. The sustained interest in Nigerian stocks was driven by hope and expectations across the spectrum.  As a result, stock market key performance indicators surged by […]

Global Economy Sets for Weakest Performance in 30 Years As the world nears the midpoint of what was intended to be a transformative decade for development, the global economy is set to rack up a sorry record by the end of 2024—the slowest half-decade of GDP growth in 30 years, according to the World Bank’s […]