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 …

Central Bank of Nigeria building The Central Bank of Nigeria on Monday sought the partnership of the Federal University of Technology, Akure, Ondo State, in adopting the newly introduced digital currency known as eNaira. The apex bank urged the university to adopt the new system for financial transactions within the …

Zenith Bank Plc has retained its ranking as the Number One Bank in Nigeria by Tier-1 Capital in the 2023 Top 1000 World Banks’ Rankings, published by The Banker Magazine. For the fourteenth year in a row, the Bank has held its position as the number one Tier-1 bank in …

President Bola Tinubu is currently meeting the National Security Adviser, Nuhu Ribadu, and service chiefs at the State House, Abuja. This is the first in-person meeting with the service chiefs since their appointment on June 19. Those present include: Chief of Defence Staff, Maj. Gen. C.G Musa; Chief of Army …

FIRS Chairman, Muhammad Mamman Nami The Federal Inland Revenue Service has said that traders and workers in the informal sector will begin to pay Value Added Tax. The FIRS is also planning to introduce Identity Cards that would help it identify tax payers. The State-owned tax agency made the disclosure …

The Federal High Court, Ikoyi, Lagos Nigeria A Federal High Court, in Lagos has discharged 22 banks from N4,7139,686.78, a garnishee proceeding filed by Glonik Industries limited and Glonik Hotels limited, against Nigeria National Petroleum Company limited (NNPC), and its sister company, Pipeline and Products Marketing Ltd. The presiding Judge …

INEC chairman Prof. Mahmood Yakubu Nigeria’s presidency has blasted the European Union Election Observation Mission over its final conclusions on the February 25 presidential election, accusing it of relying on rumours. The EU released its final report on the election as witnessed by its 50 observers last week, claiming the …

According to a statement on oath by a witness to be fielded by the All Progressives Congress, APC, before the Presidential Election Petition Court sitting in Abuja, the electoral victory of President Bola Tinubu cannot be invalidated due to delayed upload of over 170,000 polling unit results to the INEC …

Following the removal of fuel subsidy in Nigeria, the World Bank has projected that inflation may hit 25 per cent in 2023 against the country’s already existing 22.41 percent inflation rate. This shows that Nigeria is 2.59 per cent points away from the World Bank projection according to the recent …

INEC chairman, Mahmood Yakubu, presents certificate of return to Bola Ahmed Tinubu of the APC. The Special Adviser to the President on Special Duties, Communications, and Strategy, Dele Alake, has vehemently rejected the European Union’s final report on the 2023 general elections conducted by the Independent National Electoral Commission (INEC). …