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The Central Bank Of Nigeria (CBN), on Wednesday said it will raise N92.39 billion ($967 million) in treasury bills with maturities between 3-month and 1-year at an auction on Feb. 3. The apex bank said it will raise 45.17 billion naira in the 3-month paper, 30 billion naira in the 6-month debt and 117.22 billion […]

1.FG Says There Will Be Conditions For Out-Of-Court Settlement With MTN:The Federal Government said this week that there will be conditions for an out-of-court settlement with MTN Nigeria in respect to the N780bn fine imposed on the company by the Nigerian Communications Commission (NCC) for having 5.2 million unregistered subscribers on its network. 2.Naira will […]

The Federal Government has announced further plans to recover an additional $750 million kept in foreign banks by the late Head of State, Gen Sani Abacha. Attorney General of the Federation and Minister of Justice, Abubakar Malami (SAN), made this revelation on Tuesday when he met with the House of Representatives Committee on Justice. Apart […]

President Muhammadu Buhari will leave Abuja today (Wednesday) on a three-day state visit to Kenya. According to a statement from Presidential spokesman, Femi Adesina, On arrival in Kenya, President Buhari will join his host, President Uhuru Kenyatta and other dignitaries at a memorial service for Kenyan soldiers who were killed by Al-Shabaab in Somalia on […]

MTN are ready to settle out of court, over the $3.9 billion fine imposed by the Nigerian Communications Commission (NCC), a top regulatory official confirmed to Reuters on Wednesday. This statement opens up the possibility of an end to the dispute between the Federal Government of Nigeria and Telecoms giant MTN, which has been on […]

PZ Cussons Nigeria Plc released its financial results for the period ended Nov 28, 2015. The results showed that revenue declined by 3.29% from N31.6 billion in Q2’2014 to N30,619 billion in Q2’2015, while gross profit also declined by 3.10% from N8.5 billion in Q2’2014 to N8.3 billion in Q’2 2015. The company’s pre-tax profits […]Read More

The Central Bank released its Monetary Policy Communique today revealing that it was going to stick with 11% for Monetary Policy Rates (rates at which it lends money to banks), Cash reserve requirement (CRR) at 20% (amount of deposits banks cannot lend out) and liquidity ratio of 30%. Whilst the three decisions above are an […]

When asked what area of law they’d like to pursue, 2Ls and 3Ls traditionally say BigLaw partner, prosecutor, or in-house counsel. But lately, new grads are looking for something that will be more … interesting. One of these brass ring careers is sports law. But, as you already knew, one does not simply slip into sports […]

Hundreds of thousands of people are trafficked every year. They’re smuggled across borders, forced into sex work, or used as unpaid labor. In all, there are nearly twice as many modern day slaves as there were at the height of the transatlantic slave trade 350 years ago. While human trafficking is generally a low-tech industry, […]

Attempts to block the EPA’s Clean Power Plan through the use of a judicial stay have failed and state utilities have been greenlit to begin implementing the CPP. A coalition of various coal and fossil fuel interests failed to convince a panel of judges that they met the “stringent requirements for a pending court review.” […]

If you’re one of those people who regard lunch as one of the few moments of blessed solace in the day, this piece is not for you. A great man once said, “Food is an unavoidable evil.” And by “evil,” he meant distraction from work. But this isn’t supposed to be a message to start […]Read More

On January 16th, the International Atomic Energy Agency verified that Iran had met its nuclear commitments to the United States and Europe. With that, years of economic sanctions against Iran were suddenly relaxed. But if your business is rushing to open its first office in Tehran, you’ll want to tell them to slow down. Here […]