The Federal High Court in Lagos has ordered the freezing of all bank accounts operated by Afex Commodities Exchange Limited across 60 Nigerian banks over an alleged N17.8 billion debt owed to Guaranty Trust Bank (GTBank). The ruling made by Justice Chukwujekwu Aneke followed an ex parte application filed on …

Union Bank of Nigeria is currently entangled in a legal battle after a Lagos State High Court nullified its deduction of £130,720,557.06 from the account of NICON Investment Limited over an alleged debt. Justice O. O. Abike-Fadipe nullified the bank’s action on the grounds that the deduction was made without …

Nigeria’s Super Falcons are aiming for another victory today as they face Botswana in Casablanca, in their second group match of the 2025 Women’s Africa Cup of Nations (WAFCON). A win would secure an early place in the quarterfinals for the nine-time champions. The Falcons made a strong start to …

A truck driver who witnessed the fatal crash that killed Liverpool star Diogo Jota and his brother, Andre Silva, has accused the Spanish police of twisting the facts. According to Daily Mail, the driver, Jose Azevedo, who recorded the first video of the burning Lamborghini Huracan, insists the car was …

Three innovative digital services have been launched by Globacom, Nigeria’s digital solutions and tech company. The products are aimed at rewarding, educating, and entertaining its customers. The new products—Animation World Promo, Sport Brain, and Treasure Spin—offer users dynamic experiences with chances to earn immediate rewards and come with content tailored …

Dangote Refinery has again within a week interval reduced its ex-depot the price of Premium Motor Spirit (PMS), commonly known as petrol, from N840 per litre to N820 per litre, effective immediately. It would be recalled that the company last week reduced its ex-depot price from N880 to N840 per litre. …

In a landmark achievement that highlights the steadfast confidence of its stakeholders, Stanbic IBTC Holdings has successfully met the Central Bank of Nigeria’s ambitious N200 billion recapitalisation requirements. This remarkable feat follows a highly successful Rights Issue, which raised an impressive N148.7 billion, garnering overwhelming support from existing shareholders.” The …

The opposition African Democratic Congress (ADC) on Wednesday intensified its effort to wrestle power from the ruling All Progressive Congress (APC) with the official launch of its Benue State chapter. Subsequently, ADC took over the Secretariat of the People’s Democratic Party (PDP) in the state capital, and endorsed former Speaker …

Senator Godswill Akpabio, the Senate President, has issued a stern warning to Labour Party 2023 Presidential candidate, Peter Obi and other politicians to desist from holding membership in two political parties. Akpabio, speaking during a National Assembly session, stated in clear terms that it is against the constitution of the …

P+ Measurement Services, Nigeria’s foremost media intelligence consultancy, is proud to announce the launch of its newly developed Reputation Sentiment Intelligence Report, a strategic research-driven product designed to complement the agency’s well-established PR Measurement and Performance Audit reporting suite. The Reputation Sentiment Intelligence Report introduces a more advanced and dimensional …