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Citigroup Inc. says the chances of a global recession are already high and only going up in a research note released today. “In our view, global growth is at a highly precarious point, after 2-3 years of relative calm,” the team of economists led by Willem Buiter said in their note. “The long-standing fragilities in the world […]Read More

Wife of the President, Aisha Buhari has christened a new vessel, LNG ABUJA 11 acquired by the Nigeria Liquified Natural Gas (NLNG) in Seoul, South Korea, The Nation reports. Last month the country sealed an agreement with Germany in a bid to establish business relationship between the two countries to increase the supply of LNG, […]

Two South African firms in the financial services space have entirely opposite views on investing in Nigeria at this time. Ashburton Investments, the money-managing unit of Africa’s biggest bank by value FirstRand, said Nigerian curbs on foreign exchange trading are limiting its ability to increase its holdings of stocks in the country. Meanwhile Liberty Holdings Ltd., the […]Read More

Nissan Motors Nigeria, has advised the Federal Government to support home made vehicles to encourage local manufacturers and reduce forex pressures on its exchange rate. In 2013, A conglomerate Stallion Group (Renault-Nissan and West African Alliance) signed a preliminary agreement to start assembling vehicles in Nigeria thereby potentially creating a major Nissan manufacturing hub for […]

President Muhammadu Buhari has sanctioned moves by the Islamic Development Bank (IDB) to hold a financing roundtable in Abuja. He accented to IDB’s plan to raise more funds for investment and development of infrastructure in Nigeria on Thursday in Mecca, Saudi Arabia. This was made known via a statement released by the Special Assistant to […]

Perhaps you’ve been following #FreeKesha on Twitter, or seen her recent contract dispute pop up in the tabloids. Kesha, the pop star, recently lost a minor legal battle in her suit against Lukasz Sebastian, the record producer known as “Dr. Luke.” But don’t write off the dispute as something just for the tabloids. There are […]Read More

The clock is ticking for Apple, which has resolutely made it clear again and again that it has no plans to comply with a recent California Magistrate’s court order to assist the FBI into breaking into San Bernadino Syed Farook’s iPhone. Apple had until tomorrow to either comply with the order or formally submit a […]

Child welfare workers who took away a child from its mother during an investigation into her possible drug use enjoy immunity from suit because there was no notice that they were violating a clear constitutional right. The case grew out of an unfortunate case of domestic violence where the mother attempted to abscond with the […]

Texas’s highest criminal court, the Court of Criminal Appeals, dismissed abuse of power charges against former Governor Rick Perry on Wednesday, bringing to an end a long-running battle over Perry’s actions while in office. A grand jury had indicted Perry in 2014, charging him with abusing the power of the governor’s office by pressuring a […]Read More

For a long time, the track to success for lawyers was to get into a BigLaw firm and make one’s way to partnership. Fortunately, attitudes about this have changed recently. Still, it would go too far to say that lots of lawyers are falling over themselves to work in smaller firms because of perceived drop […]

Officials of government of Lagos, especially members of the state House of Assembly, are not finding it easy with contractors over contracts awarded to them by the state government under former Governor Babatunde Fashola. Most of these projects were abandoned once the administration of Fashola ended and the administration of current Governor Akinwunmi Ambode emerged. […]

The Lagos State Government on Tuesday announced that it has concluded plans to establish the first ever high-powered DNA Forensic Laboratory in Nigeria which will take off within the next six to twelve months. The lab, which would be called the Lagos State DNA Forensics Centre (LSDFC), when fully operational, would fulfil an unmet need […]