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The ministerial nominee from Taraba State, Senator Abubakar Danladi, on Monday, denied being barred from holding public office for 10 years by the Supreme Court. Danladi made this known while answering questions from Senators during his screening by the Senate. There had been social media posts clamouring for Danladi’s disqualification over a Supreme Court ruling […]

Tinubu Appoints Jim Obazee to Investigate Emefiele President Bola Tinubu has appointed a financial reporting council Jim Obazee to investigate Godwin Emefiele after he was suspended as Central Bank governor, a copy of a letter from the president showed on Sunday. In what appears as an apparent vendetta after drama created by naira redesign to […]

Discrepancies in NIN Data Delay Passport Issuance – Immigration The Nigeria Immigration Service (NIS) has blamed discrepancies in National Identification Number (NIN) and the name filled in passport forms for delays in procuring passports beyond the recommended six weeks. The Comptroller of Immigration Service, Enugu Command, Mrs Azuka Halliday, disclosed this during the event marking […]

Moody’s Confirms Kenya’s B3 Ratings, Outlook Changes to Negative Moody’s Investors Service has confirmed the Government of Kenya’s B3 long-term foreign-currency and local-currency issuer ratings and senior unsecured debt ratings, concluding the review for downgrade that was initiated on 12 May 2023. The outlook is negative, according to the rating note. Moody’s said the confirmation […]Read More

Naira Redesign: Group Demands N2trn Compensation From CBN A Civil Society Organisation, Save Nigeria Movement (SNM), said the Central Bank of Nigeria (CBN) should compensate Nigerians with two trillion Naira for losses during the naira redesign by the suspended Governor, Godwin Emefiele. The group said this in a letter to the CBN dated July 6 […]

NGX Gains N868bn as Companies Release Results The Nigerian Exchange (NGX) closed in the green territory despite profit-taking activities that put pressure on the market index last week. To sustain past momentum, equities investors were seen taking positions in defensive stocks to protect their portfolios. The twisted trading activities at the Lagos bourse occurred as […]

Fuel Subsidy Removal, FX Reform, Yielding Positive Results – Tinubu President Bola Tinubu says the Federal Government is receiving support and commendations from the global communities over the removal of fuel subsidy and the foreign exchange regime policies, saying they are yielding positive results. Tinubu stated this at a Gala/Award Night on Saturday, organised by […]

Russia Writes off $23bn Debt for Africa – Putin Vladimir Putin, Russian President, says the Russian Government has written off $23 billion debt burden of African countries. Putin spoke at the plenary session of the ongoing second Russia–Africa Summit 2023 holding from July 27 to July 28. He said Moscow would allocate an additional $90 […]

Justice Chima Centus (CC) Nwaeze of Supreme Court of Nigeria is dead. Justice Nwaeze passed on yesterday, at the age of 64, TheNigerialawyer gathered. According to the information obtained by TheNigeriaLawyer, late Nwaeze has been I’ll for the past few years. “His health had been poor really for a few years. “It was partly because […]

Labour Party has said it would seek the legal implications of President Bola Tinubu’s decision to send ministerial nominees to the National Assembly in pieces denying about 10 states of ministerial presence when council is convened. This was as the party in a statement signed by the spokesman, Pastor Obiora Ifoh said the list did […]

A Federal High court sitting in Awka, the Anambra State capital, has ordered Isuofia Microfinance Bank Limited and Police to pay the sum of N2.2 million to one Ohadugha Chizara, a nursing mother for her unlawful arrest and detention, together with her six-month-old baby at the Okpoko police cell. The case with suit No: FHC/Awka/ […]

The Department of State Services, DSS, said on Sunday it complied with a court order by granting access to doctors of the detained leader of Indigenous People of Biafra, IPOB, Nnamdi Kanu, but that the man was still in its custody. A source close to the DSS said on Sunday that contrary to reports in […]