The Federal High Court, Abuja, on Thursday, dismissed suit seeking an order compelling the Economic and Financial Crimes Commission (EFCC) to investigate former Governor of Zamfara, Abdulaziz Yari, for alleged misappropriation of N900 billion. Justice Okon Abang, in a judgment, dismissed the suit for lacking in merit. The News Agency …

The Peoples Democratic Party (PDP) and All Progressives Grand Alliance (APGA) in Anambra State are at loggerheads over the November 6 governorship election. The PDP has asked the APGA-led government to prepare its handover note ahead of time, but APGA described the former as ‘noise makers’. A statement yesterday by …

The naira remains stable at the official and parallel markets, with the foreign exchange (forex) reserves standing at $36.4 billion, data from the Central Bank of Nigeria (CBN) website has shown. The naira’s stability at the same exchange rate for the past four days ignites hope that previous volatility in …

An Ondo State High Court has ordered Nigerian Breweries PLC to pay N169.175million to the Ondo State Government as haulage fees being owed by the firm. Delivering judgment, Justice William Akintoroye dismissed the suit filed by the Nigerian Breweries PLC as lacking in merit. The company had in suit number …

Sunday Adeyemo, a youth leader better known as Sunday Igboho, has apologised to Enitan Ogunwusi, the Ooni of Ife, hours after he described the monarch as a “Fulani slave”. According to Igboho, the Ooni had failed to tell President Muhammadu Buhari during a meeting in Abuja, the truth about the …

Supporters of Yoruba rights activist, Sunday Adeyemo, better known as Sunday Igboho, have set up a Gofundme page for the purpose of raising £100,000 (N51.8m) for him to buy buses to implement his project of ridding the South-West of killer herdsmen. The fundraiser, which was initiated by Maureen Badejo, a …

The Federal Executive Council has approved a memo from the Ministry of Education for the establishment of 20 new private universities across the country. The 20 new private universities are to be given provisional licenses to run for three years while the ministry monitors and evaluates their growth. This brings …

A Federal High Court, Abuja has given the Economic and Financial Crimes Commission, EFCC, the nod to arrest Mr. Richard Laing, Managing Director, ExxonMobil Nigeria. Justice Okon Abang on Friday January 29, 2021 granted the Commission’s application for a Bench Warrant to arrest the managing director of the international oil …

The Lagos State Government has extended the work-from-home directive to all state public servants on Grade levels 14 and below from Monday, February 1, 2021 to Friday, February 26, 2021. This was disclosed by the Head of Service, Hakeem Muri-Okunola, via a statement issued on Sunday evening. According to him, …

Ecobank Group has recorded a revenue of over N630 billion for the year ended December 31, 2020. This represents a 7% growth when compared to N586.9 posted in the corresponding period of 2019. In its unaudited report submitted to the Nigeria Stock Exchange (NSE) on Friday, the pan-African bank stated …