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The Federal High Court of Nigeria has announced its Christmas vacation for the year 2023. In a public notice, the court said its Christmas break will start on Monday, December 18th 2023 and end on Friday, January 5th 2024. During this period, the Federal High Court will be closed across the country except for its […]

Former General Secretary, of Nigerian Bar Association (NBA), Mazi Afam Osigwe, SAN, has sent warm felicitations to the Eastern Bar Forum ahead of its upcoming Quarterly General Meeting in Anambra State. In a goodwill message, Osigwe hailed the Eastern Bar Forum for its consistent dedication to promoting legal excellence and high ethical standards in the […]

*Accuses Osun Govt of Disregarding Court Order in CJ’s Removal The Nigerian Bar Association (NBA) has condemned the purported removal of the Chief Judge of Osun State, Justice Oyebola Adepele Ojo, by Governor Ademola Adeleke. Governor Adeleke claimed to be acting on a resolution by the Osun State House of Assembly asking Justice Ojo to […]

The Osun State Judicial Service Commission has invited the state’s Chief Judge, Justice Oyebola Ojo, for questioning over allegations of misconduct. In a letter dated November 7th, the commission asked Justice Ojo to appear before it on November 20th to respond to allegations of abuse of office, financial misappropriation, disobedience of court orders and corruption. […]

By Oyetola Muyiwa Atoyebi, SAN FCIArb. (U.K) INTRODUCTION Nigeria, the most populous country in Africa, boasts of a rich cultural tapestry and a diverse population. With its growing economy and vibrant society, it has become an attractive destination for travellers from around the world. However, to maintain national security and regulate entry and exit, Nigeria […]

*Alleges Collusion Between Judges and Lawyers to Delay Cases Indefinitely A Nigerian lawyer, Odilim Basil Enwegbara, has written a scathing petition to the Chief Judge of the Federal High Court decrying the pervasive issue of endless delays in the judicial system which he says has denied him justice in several cases filed against government agencies. […]

Gloria Asuquo’s life took an unexpected turn in 1999 at the tender age of 11 when a routine blood transfusion to treat an illness led to a devastating HIV diagnosis. After facing disciplinary action at school, Asuquo was rushed to a general hospital in Abuja where doctors said she needed urgent blood transfusion. With her […]

Acquisition: Nigerian Breweries Requests Meeting with Shareholders Nigerian Breweries Plc (NB) has called for an extraordinary general meeting with shareholders to obtain approval for 80% shareholding acquisition in Distell Wines and Spirits Nigerian Limited. The beer producing company is also seeking approval for 100% import business from Heineken Beverages, according to a regulatory filing submitted […]

FBN Holdings Fails to Recognise Otudeko as Shareholder FBN Holding Plc (FBNH) has failed to list Oba Otudeko as a shareholder despite a large share acquisition credited to its erstwhile bank board Chairman acquired from the stock market. According to insiders, FBNH resisted the attempt to bring Otudeko into its fold after a failed Boardroom […]

Nigerian Exchange Hits New All-Time High on Record The Nigerian Exchange (NGX) hit a new all-time high on record on Friday following equities investors’ reactions to the inflation surge. Following a sustained rally in the local bourse, key performance indicators increased by +0.12%. Despite starting the week negative due to profit-taking, the equity market picked […]

Paystack Sacks 33 Employees Amidst FX Pressure Nigerian fintech start-up, Paystack is downsizing its team outside Africa, starting with the layoff of 33 employees in Europe and the UAE, where it has an engineering hub. “We’re changing our operating model to prioritize locating team members within the markets we serve, to localise costs and get […]

Foreign Direct Investment into China Slumps by 9.4% Foreign direct investment (FDI) into China declined by 9.4% year-on-year to CNY 987.01 billion in the first ten months of 2023, equivalent to USD 136.40 billion, data from the Ministry of Commerce showed. FDI in the service sector decreased by 15.9% to CNY 672.10 billion, while in […]Read More