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A federal high court in Lagos has lifted an interim injunction empowering the Asset Management Corporation of Nigeria, AMCON, to take over the companies (and their assets) belonging to Nigerian billionaire businessman, Jimoh Ibrahim. The court injunction followed an unserviced N50 billion indebtedness by Jimoh Ibrahim to AMCON and a court order to seize the companies as […]

Ibrahim Magu, boss of the Economic and Financial Crimes Commission, EFCC, on Tuesday, July 13, 2016, dodged questions on the recently exposed $1.5 million Dubai properties owned by Nigeria’s army chief, Lieutenant General Tukur Buratai. Magu was at Rockview Classic Hotel, in Abuja, venue of a one-day workshop on ‘Anti-corruption, ethics of the legal profession and […]Read More

A coalition of three militant groups, Niger Delta Volunteers, Niger Delta Peoples Liberation Movement, and Bakassi Freedom Fighters, on Tuesday, July 12, 2016, chided Nigeria’s Vice President Yemi Osinbajo, over remarks he made while delivering a lecture at Elizade University in Ondo State. In the statement, which was made available to journalists in Uyo, the groups […]

When the financial media says that governments get paid to issue negative yielding debt, that is not exactly true: most sovereign issuers still pay out a cash coupon, a modest as it may be, while they pocket the negative amortization on a bond issued above par for the life of the bond resulting what ultimately […]

Submitted by Yves Mamou via The Gatestone Institute, Muslim perpetrators rationalize their violence by convincing themselves that they live in a racist society that rejects them and their religion. And the government legitimizes them when it asks Parliament to vote for a law that favors “diversity” on public television channels. Islamist terrorist Larossi Abballa, 26, […]

The uncomfortable moment of truth has arrived for property funds in the UK (and their investors). Following the initial tumble of the post-Brexit dominoes – eight major funds so far either gating redemptions or forcing massive haircuts on to investors who want out – contagion concerns even woke up Britain’s regulators (and central bank) as […]

Authored by MiddleEastEye.net via TheAntiMedia.org, A British parliamentary report released on Tuesday has concluded there is “historical evidence” the Islamic State (IS) group received funding from within Arab Gulf states. In evidence submitted to the foreign affairs select committee, the Ministry of Defence said: “[There] is historical evidence of financial donations to Daesh [IS] from […]Read More

Nigerien soldiers hold up a Boko Haram flag that they had seized in the recently retaken town of Damasak, Nigeria, March 18, 2015. Chadian and Nigerien soldiers took the town from Boko Haram militants earlier this week. The Nigerian army said on Tuesday it had repelled Boko Haram from all but three local government districts […]

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Buhari and Saraki shakes hands….. (Saraki is the President of the Senate….Both are not best of friends) Biya’s dinner ‘United them’ A detailed article by Daily Trust Newspaper on Wednesday almost summarised the political tension and mistrust between members of the National Assembly and the Executive. While at the Senate, some Senators want President Muhammadu […]Read More

New startups are facing complex legal problems that need sharp, business-minded attorneys to help them work through the processes. Small companies trying to make it big are relying ever more on their attorneys to guide them. If you are an entrepreneur at heart, then that attorney could be you. The Business-Minded Lawyer Given the many hats […]

No one will ever accuse the Supreme Court of being too quick to embrace new technology. The Court didn’t start post oral argument recordings on its website until 2010 and its online slip opinions only go back to 2009. Just six years ago, Justice Kennedy and the late Justice Scalia let it slip during arguments […]