News

The legal team representing former Central Bank of Nigeria(CBN), Governor, Godwin Emefiele, over corruption charges, has called for Justice Rahman Oshodi to recuse himself from presiding over the ongoing trial, citing concerns of bias. Emefiele is currently standing trial before the court on charge boarding on abuse of office, $4.5 billion and N2.8 billion fraud preferred … [Read more…]

President Bola Tinubu has said that he would set up a committee to align the census budget to the government’s present financial realities. The move is a step closer to conducting a new national population and housing census with biometric and digital components. The nation last held a census in November 2006. The President disclosed … [Read more…]

The Nigerian Defence Academy (NDA) has issued a warning to the residents of Afaka, Kauya, and Mando in Kaduna to steer clear of its open range during an upcoming shooting exercise. The academy’s Public Relations Officer, Maj. Muhammad Maidawa, announced in a statement issued to News Agency of Nigeria (NAN) on Tuesday in Kaduna. Maidawa … [Read more…]

President Tinubu said his administration will support businesses in the financial technology sector that provide payment infrastructure services for Nigerians and Africans. He said this when he received the leadership of Flutterwave and Alami Capital in Abuja on Saturday afternoon. Flutterwave, a leading Fintech company founded by young Nigerians and headquartered in Lagos, operates in the … [Read more…]

As a gesture of its commitment to tackling economic and financial crimes and offering restitution to victims of fraudulent practices, the Economic and Financial Crimes Commission, EFCC, has handed over a total sum  -$132,362.43 (One Hundred and Thirty-Two, Three Hundred and Sixty-Two United States Dollars, Forty-Three Cents), N78,566,324.81 (Seventy Eight Million, Five Hundred and Sixty … [Read more…]

The House of Representatives Committee on Constitutional Amendment has rejected all 31 proposals for state creation, citing failure to meet constitutional requirements. The proposals were submitted to the House on February 6, 2025. Speaking on Friday at a retreat for panel members in Uyo, Akwa Ibom State, Benjamin Kalu, Deputy Speaker of the House and … [Read more…]

The Federal High Court in Lagos has ordered the final forfeiture of $4.7 million, N830 million, and multiple properties linked to former Central Bank of Nigeria (CBN) Governor, Godwin Emefiele. Delivering judgment on Friday, Justice Yellim Bogoro granted the forfeiture request filed by the Economic and Financial Crimes Commission (EFCC), represented by counsel Bilkisu Buhari-Bala. … [Read more…]

An Osun State High Court, sitting in Osogbo has ordered the State Independent Electoral Commission, OSIEC, to go ahead with the conduct of the local government election scheduled for Saturday (tomorrow). In an enrollment order brought before Justice A. Aderigbigbe on Friday by the Peoples Democratic Party, PDP against OSIEC and Its Chairman, Hashim Abioye, … [Read more…]

Delta State Government and NIPCO Gas Limited have signed a Memorandum of Understanding (MoU) for the establishment of a Compressed Natural Gas (CNG) conversion centre of vehicles in the state. The brief ceremony took place in Asaba on Thursday with the Secretary to the State Government, Dr Kingsley Emu, the Commissioner for Transport, Mr Onoriode … [Read more…]

In a bid to enhance governance transparency and accountability, local governments in Enugu State have held a one-day performance appraisal of their administrations where they presented their scorecards before members of the public. This was even as the council leaderships stressed that they were able to perform beyond expectations because their development plans were aligned … [Read more…]

The Attorney General of the Federation (AGF) and Minister of Justice, Prince Lateef Fagbemi, SAN, has called on the Osun State government to halt the Saturday local government election in the state, clarifying the air on the doubts, fears, and uncertainties created by misrepresentations of the legal effect of the Court of Appeal judgement. In … [Read more…]

Aliko Dangote’s net worth has surged to $23.9 billion, making him the 85th-wealthiest person in the world. The recent operational commencement of the Dangote Petroleum Refinery in Lagos led to this significant leap in wealth. Dangote holds a 92.3% stake in the refinery, which has propelled him back into the top 100 richest individuals globally … [Read more…]