FG announces plans to offset N4trn debt owed GenCos –Ministry
April 15, 2025
Judge rejects Trump classified documents case days after assassination scare A Florida judge has dismissed the case against former US President Donald Trump, alleging mishandling of classified documents and willful retention of national defense information. The verdict, considered a huge victory for the former president, comes just days[Read More…]
Court bars Bayero from parading himself as emir, orders return of emirate assets A Kano state high court has permanently restrained Aminu Bayero from parading himself as the Emir of Kano pending the determination of the suit. In a judgment delivered on Monday, Aminu Aliyu, the presiding judge, also restrained[Read More…]
FG announces UAE visa availability for citizens Minister of information and national orientation, Mohammed Idris has said Nigerians can now apply for and obtain visas to the United Arab Emirates (UAE). Idris said the federal government has reached an agreement with the UAE to allow Nigerian passport holders to[Read More…]
Fidelity Bank eyes oversubscription to N127.1 billion combined offers Against the background of groundswell of supports and enthusiasm for the bank’s ongoing offers, Fidelity Bank Plc has started preparations to allow the bank absorb oversubscriptions. With investors rallying behind the bank’s N127.1 billion combined rights and public[Read More…]
Nigeria to commence preferential trade under Africa continental free trade area guided trade initiative All is now set for the launch of Preferential Trade under the AfCFTA Guided Trade Initiative (GTI) by President Bola Ahmed in line with the vision of Africa’s founding fathers to unite the continent[Read More…]
Senate rejects bill seeking to review forex market regulations The Senate on Thursday rejected a bill seeking to review foreign exchange market regulations in the country. The piece of legislation sponsored by the Chairman, Senate Committee on Finance, Senator Sani Musa, (APC Niger East), also seeks to make[Read More…]
Tinubu names National Theatre after Wole Soyinka President Bola Tinubu has named the National Arts Theatre in Iganmu, Lagos, after Nobel Laureate, Prof Wole Soyinka. Tinubu announced this in a tribute he wrote to celebrate Soyinka in commemoration of his 90th birthday, The Punch reports. The tribute[Read More…]
Court grants former Minister, Mamman N10bn bail over alleged N33bn fraud The federal high court in Abuja has granted Saleh Mamman, a former minister of power, N10 billion bail. The presiding judge, James Omotosho, ruled on Friday that the sureties must have landed property within the jurisdiction of the[Read More…]
Sterling One Foundation, United Nations Nigeria Announce Africa Social Impact Summit (ASIS 3.0) 2024 The official press conference for the Africa Social Impact Summit (ASIS 3.0) 2024, hosted by the Sterling One Foundation and the United Nations Nigeria, was held on Tuesday, July 9th, at the Lagos[Read More…]
Supreme Court grants LG financial autonomy The Supreme Court declared on Thursday that it is unconstitutional for state governors to hold funds allocated for local government administrations. The seven-man panel, in the judgment delivered by Justice Emmanuel Agim, declared that the 774 local government councils in the country[Read More…]