$20bn needed yearly to achieve 2027 economic target -Edun
December 21, 2024
The seventh prosecution witness, Mr John Adetola, in the ongoing trial of the ex-governor of Central Bank, Godwin Emefiele, narrated how he collected the sum of $400,000 on behalf of the ex-governor. Adetola, who was the former personal assistant to Emefiele, made the revelation on Thursday while[Read More…]
Court suspends sale of Nigeria Air to Ethiopian Airlines A Federal High Court in Lagos State has nullified the sale of Nigeria Air to Ethiopian Airlines. The court on Monday, declared null and void the sale of Nigeria Air to Ethiopian Airline, after determining the issues in the suit. Justice[Read More…]
Court orders INEC to probe governors, others over 2023 election violence Federal High Court, Abuja has ordered the Independent National Electoral Commission, INEC to probe governors, Deputies, and others over electoral violence, bribery, and vote-buying during 2023 general elections. According to a statement issued by the Socio-Economic[Read More…]
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…]
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…]
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…]
Court orders interim forfeiture of 3 posh Abuja properties valued at N11.14bn link to Emefiele Justice Chukwujekwu Aneke of a Federal High Court sitting in Lagos has ordered an interim forfeiture of properties valued about N11.14 billion linked to the embattled former Governor of the Central Bank[Read More…]
Sanusi receives appointment letter despite legal hurdle The reinstated Emir of Kano, Sanusi Lamido Sanusi, has received his reappointment letter from the state governor, Abba Kabir Yusuf despite a court order barring his reinstatement. A federal High Court presided by Justice Mohammed Liman had halted the reinstatement of[Read More…]
Court orders interim forfeiture of N830m, $4.7m, properties linked to Emefiele The federal high court in Lagos has ordered an interim forfeiture of $4,719,054, N830,875,611, and other assets linked to Godwin Emefiele, former governor of the Central Bank of Nigeria (CBN). The Economic and[Read More…]