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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 …

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 …

  A Federal Capital Territory (FCT) High Court in Abuja has nullified arbitration proceedings at the International Chamber of Commerce (ICC), London, instituted against indigenous energy company, Aiteo Eastern E&P Company Limited, by a group of lenders who partly financed its acquisition of Oil Mining Lease (OML) 29. The court …

The Olubadan of Ibadanland, Oba Owolabi Akinloye Olakulehin, Ige Olakulehin I has joined his ancestors. The monarch, who ascended the throne in July 2024, died in the early hours of Monday, July 7, 2025, after spending a year on the throne. The demise of Oba Olakulehin, born July 5, 1935, …

As opposition political figures rally around the African Democratic Congress in a bid to challenge President Bola Tinubu in the 2027 general elections, Sunday PUNCH has learnt that leaders of the Peoples Democratic Party are stepping up efforts to prevent further defections from the party. Multiple sources in the party, …

The Federal Government has put its two-decade-old Boeing 737‑700 Business Jet up for sale, with the listing hosted by AMAC Aerospace in Basel, Switzerland. The aircraft, acquired for $43m in 2005 during former President Olusegun Obasanjo’s tenure, is being sold months after President Bola Tinubu transitioned to a refurbished Airbus …

Jos Electricity Distribution Plc has vowed that the mobile barracks will remain disconnected until the outstanding debt is settled. The company said that the decision to have the mobile barracks disconnected was a result of the attack on their staff member. According to the statement released on Sunday and made …

The Lagos State Government (LASG) says it will continue with the single-use plastics ban enforcement to improve the state’s infrastructure and protect the environment. The Commissioner For Environment and Water Resources, Mr Tokunbo Wahab, said this on Sunday while speaking with journalists after an inspection tour of the projects at …

The Federal Capital Territory Administration (FCTA) has once again dismissed allegations that land in Abuja was allocated to the children of the FCT Minister, Nyesom Wike. The FCTA described the claims as “sponsored blackmail.” In a statement issued on Tuesday, the Senior Special Assistant on Public Communications and Social Media …

A prosecution witness on Tuesday told the FCT High Court in Abuja how former Minister of Aviation, Hadi Sirika, allegedly split an airport contract to evade regulatory scrutiny and channel it to companies linked to his family. The witness, Adekunle Odofin, an investigator with the Economic and Financial Crimes Commission …