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Benchmark Yield Slumps After CBN Reprices T-Bills Rates The average yield on Nigerian Treasury bills slumped to 13.6% after the Central Bank’s midweek primary market auction (PMA).  Treasury bills secondary market closed on a bullish sentiment last week, primarily driven by market players moving to cover for lost bids at the T-bills auction on Wednesday. […]

The Federal Government has warned the organised labour to shelve its planned industrial action beginning on Tuesday November 14, because of the subsisting court order, which restrained them from embarking on strike. Attorney General of the Federation and Minister of Justice Prince Lateef Fagbemi SAN, said in a statement that “the Labour unions must obey […]

The Chairman Joint Senate Committee on the 2024-2026 Medium Term Expenditure Framework and Fiscal Strategy Paper, Senator Sani Musa, said no federal agency would henceforth be allowed to spend the revenues they generate. Musa, who is also the Chairman, Senate Committee on Finance, has therefore directed all revenue generating agencies in the country to furnish […]

The police in Cross River State have confirmed the abduction of the Director of Servicom at the University of Calabar, Prof Patrick Egaga. Egaga was abducted by gunmen on Sunday night from his residence at the university staff quarters. The Public Relations Officer of the State Police Command, SP Irene Ugbo, who confirmed the incident […]

There is high expectation as the Court of Appeal has fixed Wednesday, November 15 for the hearing in the appeal filed by Nasarawa Governor, Abdullahi Sule, who is fighting to reject the majority judgement of the Governorship Election Petition Tribunal sitting in Lafia which ruled in favour of the candidate of the Peoples Democratic Party […]

President Bola Tinubu has ordered withdrawal of police personnel from VIPs, saying it was imperative they take back their normal duties as spelt out in the constitution of the country and the Police Act particularly in the area of developing a community policing strategy, among others. Minister of State for Police Affairs, Imaan Suleiman-Ibrahim, disclosed […]

A Magistrate Court has remanded a 400-level student of Petrochemical Engineering in the University of Port Harcourt, Damian Okoligwe, who was accused of killing his girlfriend, Justina Otuene, a 300-level student of Biochemistry at the same university. When the matter came up on Monday, the prosecuting counsel appealed to the court to remand the accused […]

Prominent activist Aisha Yesufu has warned that the frustrations of Nigerians with corrupt politicians could trigger another nationwide protest, possibly more volatile than the 2020 EndSARS demonstrations. In a social media post, Yesufu stated that the ongoing impunity and lack of consequences for corrupt public office holders is brewing anger amongst citizens. She cautions this […]

*Federal Govt Okays Construction Of Court Of Appeal , Houses For Judges In Abuja Says FCT Minister Wike President Bola Tinubu has directed the Revenue Mobilisation Allocation and Fiscal Commission (RMAFC) to urgently evolve ways to improve on the welfare of the nation’s judicial officers. Tinubu, who assured the Judiciary of the Federal Government’s commitment […]

*Says Evaluation Is To Ensure Justice Delivery. The Kano State chief judge, Dije Abdu-Aboki, has set up a performance and evaluation committee to assess the magistrates’ performance quarterly to ensure sound administration of justice. This is contained in a statement by the state judiciary spokesman, Baba Jibo-Ibrahim, on Monday in Kano. Ms Abdu-Aboki disclosed this […]

President Bola Tinubu has said that the judiciary alone can build the confidence of both local and international investors to bring in investments into Nigeria. The president made the assertion on Monday in Abuja while declaring open the 2023 All Nigeria Judges Conference of the Superior Courts organised by the National Judicial Institute. The president […]

Youth unemployment eradication, our priority – Dangote Dangote Group’s Executive Director, Commercial Operations, Hajia Fatima Aliko-Dangote, has reiterated the company’s determination to eradicate the high youth unemployment in the country. She said, it is only when youths are positively engaged, that the high insecurity problems in the country will fade away. Fatima, who made this […]