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A Federal High Court sitting in Kano on Friday ordered the Kano State Government and other respondents to jointly pay two residents, Alhaji Saminu Shehu Muhd and Alhaji Tasiu Shehu Muhd the sum of N1m each for attempting to demolish their properties located at No 41, 43 and 68 situated at Salanta, Kano metropolis. The […]

The candidate of the Labour Party (LP), Peter Obi has said the claim by Bola Tinubu that his (Obi’s) petition against the Independent National Electoral Commission (INEC) of the All Progressives Congress (APC) as the winner of the election, is an invitation to anarchy, is a cheap blackmail. Obi in his final address by his […]

*‘Victory For Us’ — Akeredolu’s Wife Shares Photo Of Husband In Medical Facility On Birthday *Acting Gov, Wife, Speaker, Media Aide, And Others Greet Him @ 67 Governor Rotimi Akeredolu of Ondo State has said that despite his indisposition, he still enjoying God’s divine favour. Recall that the governor has been on medical leave since […]

A member of the House of Representatives, Marcus Onobun, has escaped death in an accident on his way to Abuja. The state Chairman, Peoples Democratic Party, Tony Aziegbemi, who confirmed this to our correspondent on Friday, said Onobun who was the immediate past Speaker, Edo State House of Assembly, sustained injuries during the accident and […]

*Says 26 Students Were In The Law Firm For This Year’s Exercise 26 law students from different Nigerian law School campuses were successfully trained and mentored by Maxwell Opara & Associates (Chibunnam Chambers) today. The firm, which is well-known for its dedication to aspiring lawyers, has been actively assisting in the development of future legal […]

NGX Rises by N94.5bn as Earnings Results Begin to Flow The market capitalisation of the equities segment of the Nigerian Exchange (NGX) inched higher by about N95 billion Thursday, reversing the previous day’s loss as listed companies released their second quarter of the financial year 2023 earnings results. Some unaudited financial statements of listed companies […]

FBNH Profit Spikes as Fair Value Gain Boosts Bottom Line FBN Holdings profit for the first half of the financial year 2023 spiked more than 231% to N187.237 billion as the group recorded a large gain from debt securities fair value adjustment in the period. In the first half of 2022, the group’s net income […]

Cash Transfer: NEC Asks States to Launch Social Register The National Economic Council (NEC) has directed that states develop a comprehensive Social Register for vulnerable people, the target beneficiaries of the government’s Cash Transfer programme. Gov. Chukwuma Soludo of Anambra State, made this known while briefing State House Correspondents at the end of the NEC […]

NNPC, UTM Offshore Sign Deal to Crash Cost of Cooking Gas The Nigerian National Petroleum Company (NNPC) Ltd. and UTM Offshore Ltd. on Thursday signed the Heads of Terms Agreement to provide clean energy to Nigerians through the UTM FLNG Project. The signing ceremony, which took place in Abuja, allows 20 per cent equity contribution […]

FG Approves Infrastructure Support Fund for States President Bola Tinubu has approved the establishment of an Infrastructure Support Fund (ISF) for states as part of measures to cushion the effects of the petrol subsidy removal on the Nigerians. A statement by Mr Dele Alake, Special Adviser to the President on Special Duties,  Communications and Strategy, […]

Naira Gains 3.22%, CBN Sells FX at I&E Window Nigerian naira strengthened against the United States (US) dollar’s dominance at the investors’ and exporters foreign exchange window. The local currency moved to reclaimed losses sustained due to stronger forex demand versus a moderate supply level in the market.  FMDQ Exchange fx quote showed that the […]

FG, States, LGCs Share N907bn in June -FAAC The Federation Account Allocation Committee (FAAC) has shared N907.05 billion June Federation Account revenue to the Federal Government, states and Local Government Councils (LGCs) This was disclosed in a communiqué issued at the end of the FAAC meeting for July on Thursday in Abuja. The meeting was […]