The Supreme Court of Nigeria has dismissed the appeal filed by the Peoples Democratic Party’s governorship candidate, Asue Ighodalo and affirmed Senator Monday Okpebholo as the Governor of Edo State. The appeal by Ighodalo challenged the result declared by the Independent National Electoral Commission, which announced Monday Okpebholo of the …
Read More »Ehiremen Aigbokhan, ‘Nigerian scammer’ under FBI probe over ₦460m fraud
Ehiremen Aigbokhan, a Nigerian national is currently on the radar of the United States Federal Bureau of Investigation (FBI) over an alleged N460 million fraud. The FBI has filed a civil forfeiture complaint against the Nigerian who is accused of stealing over ₦460 million in cryptocurrency intended for the January …
Read More »Stanbic IBTC Capital Advises Tolaram on the Successful Completion of its Mandatory Takeover Offer to the Minority Shareholders of Guinness Nigeria PLC
Stanbic IBTC Capital, a leading investment banking and capital markets solutions provider, is pleased to have acted as Sole Financial Adviser to Tolaram (acting through N Seven Nigeria Limited) on its recently completed Mandatory Takeover Offer (“MTO”) to the minority shareholders of Guinness Nigeria PLC (“Guinness Nigeria”), undertaken to comply …
Read More »Nestlé Nigeria Collaborates with the Government to Drive Nationwide Water Quality Campaign
As part of ongoing efforts to ensure safer water for all Nigerians, Nestlé Nigeria is partnering with the Federal Ministry of Water Resources and Sanitation to launch a National Water Quality Advocacy Campaign aimed at raising awareness, educating communities, and mobilizing multi-stakeholder action around water safety and sustainable water practices. …
Read More »EduFuture Conference 2025: Revolutionizing Education Through Innovation
The stage is set for the highly anticipated second edition of the groundbreaking Edufuture Conference 2025, a premier gathering of Africa’s brightest minds in education, technology, and policy-making. The conference will be held at Vibranium Valley, 42 Local Airport Road, Ikeja, Lagos, commencing at 10 AM on July 10, 2025, bringing together policymakers, EdTech …
Read More »Nigerian Stock Market on fire: Investors pocket ₦212 billion in one day
The Nigerian stock market continued its positive momentum on Wednesday, recording a gain of ₦212 billion, marking the third consecutive bullish session of the week. Market capitalisation rose by 0.28 per cent, closing at ₦76.970 trillion compared to ₦76.758 trillion on Tuesday. Similarly, the All-Share Index (ASI) increased by 335.74 …
Read More »AFEX Commodities Exchange’s bank accounts frozen over N17.8bn debt
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 …
Read More »Court awards £1m damages against Union Bank over ‘illegal’ £130.7m deduction from NICON’s account
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 …
Read More »WAFCON 2025: Determined Super Falcons lock horns with Botswana in title chase
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 …
Read More »Eyewitness truck driver accuses police of cover-up in Diogo Jota’s crash death
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 …
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