Olu Agunloye Justice Jude Onwueguzie of the Federal High Court sitting in Apo, Abuja on Monday, dismissed a motion raised by former Minister of Power and Steel, Olu Agunloye challenging the powers of the Economic and Financial Crimes Commission, EFCC to prosecute him. Agunloye is facing trial for an …

-Declares a final dividend of 60kobo per share Lagos, Nigeria, April 16, 2024: Leading financial institution, Fidelity Bank Plc, has released its 2023 full year Audited Financial Statements, reporting a 131.5% growth in Profit Before Tax to N 124,26 billion. According to the results, which was issued to the Nigerian …

Axxela Funding 1 PLC (“the Issuer”), a funding vehicle incorporated by Axxela Limited (“Axxela” or the “Company”), sub-Saharan Africa’s leading gas and power portfolio company, has achieved a significant milestone with the successful completion of its ₦16.4 billion Series 1 Fixed Rate Bonds due 2034 (the “Bond Issuance” or the …

Pastor Paul Eneche of Dunamis Church on Monday hosted Ms Vera Anyim who was seen in a trending video. Ms Anyim was reprimanded by the General Overseer of Dunamis Church while giving a testimonial on her achievement graduating with a Law Degree during a Church Service. The action of Pastor …

Federal High Court sitting in Lagos State has adjourned the hearing of an alleged 7 billion naira debt suit filed by Union Bank against Swift Networks. It was reported that Justice Daniel Osiagor fixed May 10, 2024, for hearing of all pending applications, including possible out-of-court settlement in the suit filed by Union Bank …

The Transmission Company of Nigeria (TCN) has announced the full restoration of the national grid following a fire incident at the Afam power generating station, which it said caused a partial disturbance of the nation’s grid. Daily Trust had reported that the grid collapse, which occurred at 02:41 am on …

Shafiu Abubakar The Kebbi State House of Assembly has suspended the member representing Birnin Kebbi North Constituency, Hassan Umar, for alleged unguarded utterances. This was contained in a press statement signed by the Clerk of the House, Suleiman Shamaki, and made available to journalists on Monday. The statement noted that …

Bello Matawalle and Hakeem Baba-Ahmed. Photo Credit: Google The Minister of State for Defence, Bello Matawalle, has called on all northern appointees to either support President Bola Tinubu or step down from their positions. Matawalle’s call came after Dr Hakeem Baba-Ahmed, who formerly served as the spokesperson for the Northern …

Abba Moro The senator representing Benue South Senatorial District and Senate Minority Leader, Abba Moro, has described the call for resignation of acting National Chairman of Peoples Democratic Party, PDP, Amb. Umar Lliya Damagum as ill-timed and inappropriate. Moro was reacting to the call for Amb. Damagum’s resignation by Member …

Iranian drones Turkish, Jordanian, and Iraqi officials said on Sunday that Iran gave wide notice days before its drone and missile attack on Israel, but U.S. officials said Tehran did not warn Washington and that it was aiming to cause significant damage. Iran launched hundreds of drones and missiles on …