Inflation rate is projected to increase by 83 basis points (bps) year-on-year (y/y) to 27.54 in October. The figure would represent a 1.9 per cent rise when compared to 26.72 per cent recorded in September. According to Cordros Capital Research, there are indications that food prices will temper in October due to the impact of … [Read more…]
Nigeria has finally succeeded in stopping the enforcement of the $11billion arbitration award in favour of Process & Industrial Developments (P&ID) Limited. In a judgment delivered by Justice Robin Knowles of the Commercial Court of England and Wales on Monday, it upheld Nigeria’s prayer on the ground that the ill-fated gas processing contract was obtained … [Read more…]
The Supreme Court has reserved judgment in the appeal by the Labour Party (LP) and dismissed the Allied Peoples Movement (APM). A seven-member panel of the court, led by Justice Inyang Okoro announced this on Monday after counsels to parties adopted their briefs of argument and made final submissions. When the court reconvened, it heard … [Read more…]
The Supreme Court has reserved judgement in Atiku Abubakar’s appeal challenging the decision of the Presidential Election Petition Court in Abuja which upheld President Bola Tinubu’s election. A seven-member panel of the Supreme Court led by John Okoro adjourned the case for judgement after taking the arguments of lawyers to parties in the suit. Mr … [Read more…]
Nigeria’s opposition party, the Peoples Democratic Party, PDP, says it is confident that the Supreme Court will deliver justice as it commences hearing on the 2023 Presidential Election Appeal. National Publicity Secretary of the PDP, Debo Ologunagba in a press statement said the PDP believes that the issues of the February 2023 Presidential election will … [Read more…]
Akwa Ibom State governor, Pastor Umo Eno has called on foreign investors to consider the State as a destination for their investments and leisure in Nigeria. The Senior Special Assistant to the Governor on Reseach and Documentation, Mr Essien Ndueso, who disclosed this to newsmen on Sunday in Uyo, said governor Eno made the call … [Read more…]
…Israeli forces raid Jalazone refugee camp in West Bank, two dead, says Palestinian health ministry …Biden, European leaders issue joint statement supporting Israel, calling to protect civilians …Second aid convoy reaches Gaza …Fears grow that Israel-Hamas conflict could expand as ground offensive looms Israel bombarded Gaza with air strikes early on Monday and its aircraft struck … [Read more…]
The Senate is calling for the unbundling of the Independent National Electoral Commission (INEC) to improve efficiency of the electoral body. In a communiqué issued at the end of its retreat in Ikot Ikpene, Akwa-Ibom State, the Senate also resolved to make electronic transmission of results mandatory from the next general elections in 2027, including … [Read more…]
Ahead of the November 11 governorship election in Imo State, the Peoples Democratic Party (PDP), South-East Zone, has drummed support for Senator Samuel Anyanwu, governorship candidate of the PDP in the election, calling on members in the state to sheathe their swords and work together for the victory of the party. The call, which was … [Read more…]
The Supreme Court has officially announced Monday, 23 of October 2023 as the day it will hear the appeal lodged by the presidential candidate of the Labour Party–LP, Mr Peter against the tribunal judgement that affirmed President Tinubu’s victory in the last election. The Supreme Court has also fixed same Monday, October 23 for hearing … [Read more…]
A meeting of a select leaders of Ohanaeze Ndigbo Northern Zone was held on Tuesday, October 17, 2023 at the residence of the President General of Ohanaeze Ndigbo worldwide, Chief Engr. Dr. Emmanuel Iwuanyanwu; CFR (Ahaejiagamba Ndigbo). The President General gave a progress report on the following activities; 1. (a). Global Restructuring of Ohanaeze Ndigbo … [Read more…]
President Bola Tinubu has sacked the heads of some government agencies under the Ministry of Information. Chief Ajuri Ngelale, Special Adviser to the President on Media Publicity, announced this in a statement on Thursday. Those newly appointed heads of agencies are: (1) National Orientation Agency (NOA) — Director-General / CEO — Mr. Lanre Issa-Onilu (2) … [Read more…]