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Justice Monica Dongban-Mensem, the President of the Court of Appeal, has relocated the Kogi Governorship Election Petitions Tribunal from Lokoja to Abuja. A statement by Mr David Umar Mike, Secretary of the Tribunal, said that its sittings would now be at the National Judicial Institute on Umar Yar’Adua Way. The court urged litigants to take […]

Kogi State Police Command has confirmed that gunmen attacked the secretary of the state governorship election Tribunal, Mr David Umar Mike on Monday in Lokoja and made away with sensitive petition documents on the just concluded gubernatorial election in the state. The state police command’s Police Public Relations Officer (PPRO), SP William Aya, disclosed this […]

The Nigerian Bar Association (NBA) Ibadan branch has urged judiciary workers in Oyo State to desist from demanding bribes and inducements from members of the public. This appeal was made on Wednesday during a legal outreach organized jointly with the state chapter of the Judiciary Staff Union of Nigeria (JUSUN). Senior Advocate of Nigeria (SAN) […]

Five Ecobank Affiliates Win Bank of the Year 2023 Awards Ecobank, the leading pan-African Banking Group, is proud to announce that Ecobank Zimbabwe has won the ‘Global Award for Financial Inclusion’ in The Banker’s Awards 2023. In addition, Ecobank Benin, Ecobank Guinea, Ecobank Liberia, Ecobank Mali and Ecobank Togo were all named ‘Bank of the […]

Nigerian Exchange Rebounds with N166bn Gain Nigerian Exchange (NGX) rebounds with about N166 billion daily gain on account of improved sentiment in the local bourse. After a resurgence in buying interest, the stock market index grew by 0.43%, pushing the Nigerian Exchange’s year-to-date return far ahead of the annual inflation rate. Investors increased buying interest […]

FBN Holdings Hits N960bn after Unusual Trade Volume FBN Holdings Plc (Ticker: FBNH) has inched closer to becoming a member of a 13-digit valuation on the Nigerian Exchange following racks of good deals spotted by equities investors. According to data from the Nigerian Exchange (NGX), the financial services boutique market valuation advanced to an all-time […]

Mba Presents N521.6bn 2024 Budget for Enugu State Gov. Peter Mbah of Enugu State has presented a budget of ₦521.6billion for 2024 to the State House of Assembly for approval. Presenting the budget tagged “Budget of Disruptive Economic Growth” on Tuesday at the Assembly Legislative Complex in Enugu, Mbah said it was 132 per cent […]

Nasarawa Assembly Passes N8.2bn 2023 Supplementary Budget The Nasarawa State House of Assembly has passed the N8.2 billion 2023 re-adjustment/supplementary budget into law. Mr Danladi Jatau, the Speaker of the House, announced the passage of the bill into law during plenary in Lafia on Tuesday. The speaker assured Gov. Abdullahi Sule of effective synergy in […]

British Pound Stabilises Against US, Euro After not too good November for the US dollar, the British Pound sterling has consolidated its strength against the World’s dominant currency with a clip on Euro. On Tuesday, market data showed that the British pound remained below the $1.27 mark as investors processed final purchasing manager index (PMI) […]

CBN Withdraws FX Market Intervention for 6-Week Exchange rates across FX markets have been left to forces of demand and supply for six weeks since the Central Bank of Nigeria (CBN) stopped its market intervention. The move has been noted to be a deliberate effort by the monetary authority to obtain a market clearing rate. […]

AFC Signs $350m Credit Line with AfDB for Infrastructure Financing Africa Finance Corporation (AFC), the leading infrastructure solutions provider on the continent, announced that it has signed a US$350 million long-term line of credit with the African Development Bank (AfDB). The corporation said the agreement, which was signed during the ongoing 28th Conference of the […]

Bargain Hunting on Banking Stocks Boosts NGX Index The equities market witnessed strong demand for banking stock during the midday trading session, according to data provided by Alpha Morgan Capital Limited. Banking names saw a surge in prices, pushing the Nigerian Exchange all share index higher. In a mid-day report. Alpha Morgan said at the […]