The removal of the fuel subsidy in Nigeria caused a sharp strengthening of price pressures in June. In turn, rates of expansion in output and new orders softened but remained marked nonetheless. Business confidence dipped to a near-record low. Intensifying inflationary pressures encouraged companies to expand inventories to try and get ahead of further price increases. Meanwhile, …

The inability of a plaintiff’s counsel, Prof. Abiodun Amuda-Kannike, SAN, to serve the Independent National Electoral Commission (INEC) with processes stalled hearing in a suit seeking disqualification of Mr Timipre Sylva of the APC from contesting in the Nov. 11 Bayelsa governorship poll. The matter, which was scheduled for hearing, …

A compliance officer at Access Bank Plc., Mr Elijah Adegboye, on Monday, testified in the trial of social media celebrity, Ismaila Mustapha (alias Mompha), charged with laundering six billion Naira. The News Agency of Nigeria reports that Mompha was not present during Monday’s proceedings. Adegboye was led in evidence by …

—Assures them of policy consistency —-As Shell Director hails President’s strong start, positive reforms President Bola Tinubu, on Monday, assured investors that his administration is open and serious for business and will maintain consistency in policy. The President also promised to provide a better business climate to attract investment. He …

President Bola Tinubu, on Monday, told the new service chiefs, the National Security Adviser, NSA, and the acting Inspector General of Police, IGP, that they should work as a team and deliver on the mandate given to them. This is as the NSA, Mallam Nuhu Ribadu, assured the President and …

Lionel Messi Inter Miami owner Jorge Mas has revealed it took three years of negotiations to bring Lionel Messi to the Major League Soccer club. The Argentine World Cup winner, 36, is set to be officially announced as a Miami player after ending his two-year spell at Paris Saint-Germain. Messi’s …

File Photo: Seun Kuti handcuffed Absence of Chief Magistrate Adeola Olatubosun of a Sabo-Yaba Chief Magistrates’ Court, Lagos State, on Monday stalled proceedings in an assault case brought against afrobeat singer Seun Kuti. Kuti and his counsel, as well as prosecution team, were in court but the court could not …

Benue South Senator Patrick Abba Moro The Senator representing Benue South Senatorial District, Senator Patrick Abba Moro has confirmed that he is bidding for the position of minority leader in the 10th Senate. As the Senate resumes tomorrow (July 4) from its post-inauguration break, the selection of principal officers will …

Crime A divorcee, identified as Nneamaka Nwosu, has reportedly thrown Nnokwa community, in Idemili South Local Government Area (LGA) of Anambra State into mourning with the setting ablaze of a police woman and her two children. The deceased police woman was said to have taken Nwosu in after she was …

The National Industrial Court on Monday ordered the Police Service Commission, to pay retired Assistant Inspector General of Police, Joseph Mbu, the sum of N40 million as general damages. The payment as ordered by Justice Osatohanmwen Obaseki-Osaghae, was for the unlawful retirement of Mbu before he attained the mandatory age …