Court dismisses terrorism, treasonable felony charges against rights activist, Agba Jalingo

A Federal High Court sitting in Calabar, yesterday, discharged Nigerian journalist and activist, Agba Jalingo of a terrorism, treasonable felony and cyber crimes suit filed against him by Cross River State government. Trial judge, Justice Ijeoma Ojukwu of court also dismissed the charge, following the government’s withdrawal of the suit. The right activist was arrested […]

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Court orders HYPREP to comply with Ogoni cleanup report

The Federal High Court sitting in Port Harcourt has granted an order for leave to apply for judicial review compelling the Hydrocarbon Pollution and Remediation Project(HYPREP) to perform the public duty of the cleanup and remediation of Ogoniland in compliance with the law. The court gave the declaration in respect of a matter brought before […]

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Microsoft invests $200m in Nigeria as FG rallies private sector

Microsoft logo. Reuters/ Mike Blake Microsoft has invested $200 million in Nigeria through its newly unveiled African Development Centre (ADC) in Lagos. The ADC is the premier engineering centre for Microsoft. The centre was created by Microsoft to serve as a base for African industry leaders to create local solutions with global scalability as well […]

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Examining pros, cons of regulating lawyers’ salaries in Nigeria

Photo: Twitter By Ngozi Egenuka At the beginning of this current Nigerian Bar Association (NBA) regime, the President, Olumide Akpata, released a communique on list of activities NBA would embark on to serve its members, among them was a remuneration committee. The statement introducing the committee reads: “As part of our commitment towards improving the earning […]

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Investors to earn over N780 billion from 2021 dividend payments

Analysts say earnings not reflecting on market performance Investors are set to earn over N780 billion as dividends from the 2021 financial year. So far, 16 companies across seven sectors – consumer goods, financial services, industrial goods, oil and gas, services, healthcare and IT – have earmarked a total of N782.192 billion as final dividends […]

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MPC retains lending benchmark after tough deliberations

The Monetary Policy Committee (MPC) had a tough time deciding the benchmark lending rate at its marathon meeting, yesterday. But after voting, the monetary policy rate (MPR) was retained by majority vote, alongside other parameters determining the volume of money in circulation. Governor of the Central Bank of Nigeria (CBN) and Chair of the Committee, […]

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Defection: Judiciary again axes 20 Cross River lawmakers

• Battle shifts to Appeal Court as Umahi withdraws stay of execution application • Lawmakers’ removal in line with spirit of law – Senator Imoke • Withdrawal complicates Umahi’s matter, says Oyebode • Issue certificate of returns to our nominees, PDP prays INEC • No cause for alarm, APC declares Justice Taiwo Taiwo of the […]

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