Injunction and stay of execution Cargo remains under arrest In a surprising twist of events, its decision delivered today, the Federal High Court in a surprising shift from the true nature of FirstBank ’s claim held that the matter is not a maritime claim but rather, a simple case of[Read More…]
The stock market continued on a positive trend, with investors gaining N26 billion and performance indices rising by 0.04 per cent on Tuesday. Specifically, the Nigerian Exchange Ltd. (NGX) market capitalisation increased by 0.04 per cent to N66.214 trillion from an opening of N66.188 trillion recorded on Monday.[Read More…]
The Rivers Sole Administrator, Vice Admiral Ibok-Ete Ibas (Rtd), has assumed duty in the state. Ibas, in an interview with journalists in Government House, Port Harcourt on Thursday, said he would meet with the Head of Service, Permanent Secretaries, and Service Commanders to get formal briefings. Responding to his[Read More…]
The Federal Road Safety Corps (FRSC) has confirmed that six persons died and 25 others were injured following a multiple crash under the Karu Bridge in Abuja on Wednesday. The Corps Public Education Officer, Olusegun Ogungbemide, said that the crash involved 18 vehicles, including two articulated vehicles, two[Read More…]
The Non-Academic Staff Union of Education and Associated Institution, NASU has given seven days Ultimatum to the management of the West African Examinations Council, WAEC over its continued victimisation of its workers and refusal to abide by a legally binding Memorandum of Understanding, MoU executed on[Read More…]
President Bola Tinubu has appointed Vice Admiral Ibokette Ibas (rtd) as the military administrator in Rivers, amid the political tension in the state. Ibas was Nigeria’s Chief of Naval Staff from July 2015 to January 2021. At a nationwide broadcast on Tuesday, the President appointed Ibas[Read More…]
Former Minister of Petroleum Diezani Alison-Madueke has asked the Federal High Court in Abuja to order the EFCC to retrieve her seized assets or property, either natural or corporate. She claims the EFCC sold her property without following due process, violating her right to fair hearing. Diezani, in[Read More…]
The House of Representatives on Thursday in Abuja considered and adopted its Finance Committee report on the four tax reform bills. The bills initiated by the Tinubu administration include the Nigerian Tax Bill, the Tax Administration Bill, the Revenue Tax Board Bill, and the Nigerian Revenue Service[Read More…]
The Senate has passed a vote of confidence in the leadership of its President, Senator Godswill Akpabio. This followed the adoption of a motion sponsored by the Senate Leader, Opeyemi Bamidele (APC-Ekiti), at plenary on Thursday. The motion was seconded by Deputy Minority Leader, Olalere Oyewumi (PDP-Osun). In his[Read More…]
Zenith Bank Plc has raised a total of N350.4 billion through its recently concluded hybrid Rights Issue and Public Offer. In a statement released to the Nigerian Exchange (NGX) Group on Sunday, January 26, 2025, the Bank announced that it has secured the full regulatory approval of[Read More…]
