The federal high court in Abuja has fixed October 31 to deliver judgement in a suit seeking to stop the planned national convention of the Peoples Democratic Party (PDP) scheduled for November 15 and 16 in Ibadan, the Oyo state capital. James Omotosho, the presiding judge, fixed the ruling date …

Stakeholders of the Lagos State chapter of the All Progressives Congress (APC) have unanimously endorsed President Bola Tinubu to seek a second term in office ahead of the 2027 general elections. The endorsement was made on Tuesday during the APC Stakeholders Forum 2025 held in Victoria Island, where party members …

A United States (US) district court has ordered the interim forfeiture of a property in California linked to Paulinus Okoronkwo, a Nigerian American, alleged to have been acquired with proceeds from bribery. Okoronkwo is a former general manager of the Nigerian National Petroleum Corporation (NNPC), now NNPC Limited. In September, …

A Bayelsa State High Court sitting in Yenagoa on Tuesday adjourned to November 12 the case filed against Ecobank Plc by the Maize Growers Processors and Marketers Association of Nigeria (MAGPMAN), Bayelsa Chapter. The farmers accused the bank of making unauthorised withdrawals from their accounts under the Central Bank of …

The Naira yesterday appreciated to N1,495 per dollar in the parallel market from N1,500 per dollar on Monday. But the Naira depreciated to N1,464.5 per dollar in the Nigerian Foreign Exchange Market (NFEM). Data published by the Central Bank of Nigeria, CBN, showed that the exchange rate for the naira …

Justice Akintayo Aluko of the Federal High Court, Lagos, has adjourned further hearing in the receivership suit filed by Kepco Energy Resources Nigeria Limited and others against Ecobank Nigeria Limited and nine other banks till 27 January 2026. The adjournment followed notice of an appeal filed by the parties over …

MAGGI, Nigeria’s leading seasoning brand from Nestlé, has announced the successful completion of its Regenerative Agriculture (RegenAg) pilot for local soybean sourcing, a milestone that has inspired a broader program now supporting 25,000 smallholder farmers across Nigeria. Launched in 2023 with an investment of over ₦100 million, the pilot supported …

The Stanbic IBTC FUZE Talent Show 2025, themed “The Ultimate Show”, has announced the appointment of Amy Aghomi as its new fashion judge, bringing fresh expertise and perspective to the panel. Amy is celebrated for her bold, original vision and her dedication to elevating African fashion. Her brand is known …

Telecommunications giant, Globacom, has recorded another milestone at the weekend as it powered the 2025 Ofala festival to another successful conclusion. The event also sealed the company as Nigeria’s biggest supporter of culture. This year’s festival featured the Iru Ofala on Friday and the Azu Ofala on Saturday at the …

BY BLAISE UDUNZE For over a decade, the Nigerian government and its financial institutions have launched a flurry of intervention funds, all with the promise to empower industries, revive the manufacturing sector, and lift millions of micro, small, and medium enterprises (MSMEs) out of financial drought. From agriculture to aviation, …