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*Empanels 12 Committees To Investigate Judicial Officers The National Judicial Council under the Chairmanship of Hon. Justice Olukayode Ariwoola, GCON, at its 104th Meeting of 6 & 7 December 2023 has recommended the compulsory retirement of Hon. Justice S. O. Falola of Osun State High Court from the Bench. Soji Oye, Esq., Deputy Director of Information […]

*Says NJC Has Sole Power To Probe Judges The National Judicial Council (NJC) has declined Governor Ademola Adeleke’s request to appoint an acting Chief Judge, affirming suspended Chief Judge Justice Adepele Ojo as still recognized. This came at the 104th NJC meeting on December 6th-7th chaired by Justice Olukayode Ariwoola. NJC spokesperson Soji Oye announced […]

Legal practitioner Maxwell Opara has petitioned law enforcement agencies concerning an alleged fraudulent debit of N20 million from his client’s corporate account held with Access Bank. According to Opara, police had improperly obtained a questionable ex-parte order from a Magistrates’ Court in Mararaba to place a post no debit order on his client, Godwin Emmanuel […]

Former Oyo Attorney General Seun Abimbola has been appointed Chairman of the Nigerian Bar Association’s Electoral Committee (ECNBA), the body tasked with organizing the NBA’s national elections in July 2024. Abimbola, a Senior Advocate of Nigeria (SAN), has previously served as Ibadan Branch Chairman and Chairman of the NBA Section on Legal Practice. He will […]

The Controller General of the Nigeria Correctional Service (NCS), Haliru Nababa, on Thursday, December 7, denied that the Department of State Services (DSS) and the Economic and Financial Crimes Commission (EFCC) attempted to forcefully abduct former Central Bank Governor, Godwin Emefiele, from the custody of the Correctional Centre, Kuje, Abuja. He said this when he […]

The senator representing the Federal Capital Territory (FCT) Abuja, Ireti Kingibe, has said that contrary to popular opinion, the 10th Senate is not responsible for the purchase of SUVs worth N57 billion. Kiginbe stated that the SUVs are utility cars purchased by the 9th assembly, and the 10th assembly only received them. Recall that there […]

President Bola Ahmed Tinubu has assured the nation that whoever is found culpable of the bombardments of Tudun Biri village that killed over 90 villagers will be punished accordingly. The president has also assured that All the victims will be taken well care of under the Folako Initiative which will commenced by this month. According […]

Naira Registers Largest Unofficial Depreciation in FX Market There is a bleak future for the naira as the exchange rate registered the largest unofficial daily depreciation in the forex market today due to the absence of FX intervention in a country that depends largely on imports – for further production in the manufacturing sector. A […]

NGX Gains N306bn as Banking Stocks See Unusual Trade Volume The equities segment of the Nigerian Exchange (NGX) market capitalisation advanced further midweek following about N306 billion daily gain recorded by alpha seekers in the domestic bourse. A deep insight into the market showed there was a record of unusual trade volumes in banking names. […]

Bitcoin Declines on Liquidated Short Positions The world’s largest crypto asset by market valuation slid below $44,000 after making a strong uptrend since the beginning of the week. The decline in price of the asset was due to short positioning by investors. Bitcoin is currently priced at $43,900 after the digital crypto asset experienced a […]

Boeing Appoints Henok Teferra Shawl as Managing Director for Africa Boeing has appointed Henok Teferra Shawl as the new managing director for Boeing Africa to strengthen the company’s operations and relationships across the African continent. Based in Addis Ababa, Ethiopia, Henok Teferra Shawl reports to Kuljit Ghata-Aura, president of Boeing Middle East, Türkiye, Africa, and […]

FBN Holdings Valuation Hits All-Time High FBN Holdings Plc (Ticker: FBNH) has crossed into the other side as the financial services group market valuation spiked strongly for the third day to settle at N1.055 trillion. The financial services boutique’s share price has gained about 33% in the last three days. The Broadstreet elephant has made […]