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Bitcoin Retreats after Hitting $38,000 on Crypto Selloffs The price of Bitcoin has fallen 3% over the past 24 hours to $36,250, retreating from its recent high near $38,000, which marks the largest digital asset’s highest level since cryptos plunged into a brutal bear market in May 2022. Bitcoin has rallied by more than 30% […]

IMF, Cameroon Reach Agreement to Unlock Loan The International Monetary Fund (IMF) and Cameroon government have reached a staff-level agreement on policies required to unlock financial support worth about $73 million, according to a statement released by the multilateral lender. Cemile Sancak, IMF Mission Chief for Cameroon, discuss macro-critical policy measures to manage the country’s […]

Oil Slides Below $80 Over Weak Demand Outlook Global market prices of crude oil declined below $80 per barrel as inventories rose due to strong US oil production, ANZ Bank said in a Friday note. Data shows that US commercial crude stockpiles increased 17.5 million barrels over the past two weeks, boosting total inventories to […]

Foreign Investors Ramp Up Nigeria US Dollar Bonds The average yield on Nigeria’s US dollar bonds declined as foreign investors ramped up interest in the sovereign interest amidst global yield repricing – reversing risk-off sentiment experienced earlier in the week. Nigeria’s government is putting up growth-propelling reforms to reflate economic performance. While macroeconomic indicators have […]

SDGs: Nigeria, Others Call for Inclusive Global Tax System Nigeria and the African Group on Thursday called for an equitable and fair international tax system toward achieving the Sustainable Development Goals (SDGs). The representatives of the group made the call at a news conference on, “Promotion of Inclusive and Effective International Tax Cooperation at the […]

The New Nigeria People’s Party (NNPP) has expressed sadness over the judgement of the Court of Appeal, which sacked Kano Governor Abba Yusuf, saying it will explore all legal means to reclaim its mandate. National Auditor of the party, Ladipo Johnson, told The Nation that the party will approach the Supreme Court with the belief […]

The national chairman of the ruling All Progressives Congress (APC), Abdullahi Ganduje, has expressed optimism that the party will trounce the New Nigeria People’s Party (NNPP) again at the Supreme Court over the Kano state governorship election dispute. He was reacting to the victory of the party at the Appeal Court that upheld the sack […]

The national leadership of the Peoples Democratic Party (PDP) has called on the Chief Justice of Nigeria (CJN) and the President of the Court of Appeal to save the nation’s democracy by insulating the Courts from the alleged influence of the anti-people cabal aiming to emasculate the judiciary and impose a totalitarian regime. The acting […]

President Bola Tinubu has announced the cancellation of the automatic deduction of 40 percent from federal universities’ Internally Generated Revenue (IGR). The Minister of Education, Tahir Mamman, conveyed the president’s announcement during his speech at the 75th Founder’s Day ceremony of the University of Ibadan (UI) on Friday, November 17. In October, the Ministry of […]

The Osun State Government has denied claims that the Chief Judge of Osun State, Justice Oyebola Ojo, was suspended by Govenor Ademola Adeleke. TheNigeriaLawyer recalls that Justice Ojo approached the National Industrial Court, Ibadan division, over plots to remove her, which the presiding judge, Justice Dele Peters, granted a restraining order preventing Governor Adeleke and […]

The National Judicial Council (NJC) has stated it is unaware of the shortlist of 22 Court of Appeal justices nominated by the Federal Judicial Service Commission (FJSC) for elevation to the Supreme Court. NJC’s Director of Information, Soji Oye, revealed that the list of nominees released by the FJSC on Thursday has not been brought […]

In a heartwarming union within the legal fraternity, the National Industrial Court of Nigeria’s (NICN) Justice Zainab Bashir and the Court of Appeal’s Justice AbdulAzeez Waziri are preparing to tie the knot on Saturday, November 17, in Abuja. The ceremony is set to take place at the Supreme Court Central Mosque in Abuja, where the […]