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Foreign Investors Park Cash in Nigeria USD Bonds Benchmark yield declined as Nigeria’s sovereign US dollar bonds gained foreign investors’ attention in the international market, trading results posted on Friday show. Portfolio holders rotate interest across tenor instruments to align their interest, a similar pattern was witnessed in the secondary market for Nigerian bonds. Long […]

Equities Investors See N183bn Gain as NGX Extends Rally -Market Wrap Market Wrap: Equities investors see about N183 billion gain as Nigerian Exchange (NGX) extends rally. The booming local exchange has been spinning cash for stockholders, becoming an investment platform with returns higher than the average inflation rate. Data from the Nigerian Exchange indicated a […]

Fidelity Bank Asset Quality Declines as Trouble Loans Spike Fidelity Bank Plc’s rising impaired loans worsened the tier-2 lender asset quality, a detail from its 9-month unaudited financial statement shows. The bank posted about a 163% year-on-year increase in profit following a boost in its loan appetite. The Tier-2 bank’s strong earnings record came with […]

NASS Pledges to Support AMCON’s Debt Recovery Drive The Chairman House of Representatives Committee on Banking and Other Ancillary Institutions, Hon. Eze  Nwachukwu Eze has pledged to support the Asset Management Corporation of Nigeria (AMCON) to collaboratively enact policies that enhance its capacity to execute loan recovery mandate efficiently and transparently. Hon. Nwachukwu gave the […]

PPPs Crucial to Bridge Africa’s Infrastructure Gap -Lisinge Public-private partnerships (PPPs) are crucial to closing the financing gap for infrastructure development in Africa, and governments and the private sector should work together to create effective PPPs, said Dr Robert Lisinge, Acting Director of the Private Sector Development and Finance Division at the UN Economic Commission […]

The Chief Justice of Nigeria (CJN), Hon. Justice Olukayode Ariwoola, will swear-in 58 new Senior Advocates of Nigeria (SAN) on Monday, November 27th, 2023. The swearing-in ceremony is part of events lined up to officially commence the 2023/2024 legal year of the Supreme Court. It will hold at 10:00am in the main courtroom. According to […]

Osun State Governor, Senator Ademola Adeleke, has changed his position on the appointment of Justice Olayinka David Afolabi as the acting Chief Judge of the state to replace the sacked Chief Judge, Justice Adepele Ojo. The State House of Assembly had directed Justice Ojo to step aside over alleged gross misconduct. The governor immediately announced […]

By S. Long Williams Esq. The Nigeria Police Force, Rivers State Police Command is one of the Commands that exist within the strata of the Police in the Federal Republic of Nigeria. Its jurisdiction is within the boundaries of Rivers State but may extend its jurisdiction outside the state with the cooperation of sister state […]

The Court of Appeal sitting in Abuja has nullified the election of Governor Caleb Muftwang of Plateau State. A three-member panel, in a unanimous decision on Sunday, held that Muftwang was not validly sponsored by the Peoples Democratic Party (PDP) as provided by Section 285(2) of the Nigerian Constitution. The panel held that the appeal […]

With over 30years of his life spent in Canada, Chief Itebu [The Protocol] is a Philanthropist, A distinguished son of Ovu, in Ethiope East L.G.A of Delta State and a Lifter of many youths To get an efficient Solar system anywhere in Nigeria; with 25years warranty and “Pay Small Small”, call/chat Solar For All Ltd: […]

Socio-Economic Rights and Accountability Project (SERAP), BudgIT and 34 concerned Nigerians have filed a lawsuit against President Bola Tinubu over “the appointment of at least four members of the All Progressives Congress (APC) and allies of high-ranking politicians as new Resident Electoral Commissioners (RECs) for the Independent National Electoral Commission (INEC).” The Senate has confirmed […]

The National Judicial Council (NJC) has refuted the reports circulating on social media, stating that it is unaware or did not receive any nomination list for Supreme Court vacancies from the Federal Judicial Service Commission (FJSC). Soji Oye, the Director of Information at NJC, clarified on Saturday that he was never in a discussion with […]