NiDCOM to investigate alleged killing of Nigerian student by Chinese in Philippines

Ikem The Nigerian Diaspora Commission (NIDCOM) has said it will investigate the death of a Nigerian student simply known as Ikem, who was allegedly killed by a group of Chinese in the Philippines. Spokesperson for NiDCOM in Abuja, Abdur-Rahman Balogun, said this in a statement on Monday. On Sunday, An X user, @michaelojuola, wrote on […]

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Presidential poll: APC, PDP hopeful as Supreme Court battle starts today

As the Supreme Court today hears the appeals challenging the electoral victory of President Bola Tinubu, the ruling All Progressives Congress has expressed confidence that the President will come out victorious. Tinubu’s victory in the February 25 presidential poll is being challenged by the Peoples Democratic Party and the Labour Party. The opposition parties had […]

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Surge in cost of building materials hikes home prices

The increase in prices of building materials across the country is compounding the woes of the housing sector. Experts want the Federal Government to initiate policies that could ameliorate challenges, especially those fostered by exchange rate to boost supply and accessibility to affordable housing, Victor Gbonegun writes. Persistent high inflation and volatility in foreign exchange […]

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Inflation projected to escalate amid renewed FX crisis

•Naira depreciates by 5.4% to N808.27/$ at NAFEM •Gains in banking stocks lift market turnover by N24b Inflation rate is projected to increase by 83 basis points (bps) year-on-year (y/y) to 27.54 in October. The figure would represent a 1.9 per cent rise when compared to 26.72 per cent recorded in September. According to Cordros […]

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Nigeria wins $11bn P&ID case in UK court

The Federal Government of Nigeria on Monday finally emerged victorious in its legal case against Process & Industrial Developments (P&ID) Limited in a United Kingdom (UK) court. After over five years of legal fireworks, judgement was delivered in favour of Nigeria, which has now halted the enforcement of the $11 billion arbitration award which was […]

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Supreme Court strikes out APM’s appeal against Tinubu’s election

The Supreme Court on Monday struck out the appeal made by the Allied Peoples Movement (APM) in a bid to nullify the election of Bola Ahmed Tinubu as president. The APM had approached the Supreme Court to nullify the judgement of the Presidential Election Petition Tribunal (PEPT), which on September 6 upheld the declaration of […]

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Court of Appeal sacks Senate Minority Leader, orders rerun

The Court of Appeal in Abuja, on Sunday, October 22, 2023, nullified the election of the Senate Minority Leader, Senator Simon Mwadkwon, in the February 25 senatorial election in the Plateau North Senatorial District. A three-man appeal panel of the Court ordered the Independent National Electoral Commission (INEC) to conduct a fresh election in the […]

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Israeli envoy: Wike replies Gumi, sues for peace

Gumi Federal Capital Territory Minister, Nyesom Wike, has explained that his meeting with the Israeli Ambassador to Nigeria, Michael Freeman, was basically to promote Agriculture in the nation’s capital. The former Rivers state governor made this known after he was accused by Shehu Ahmed Gumi, an Islamic cleric, that the minister was planning to bring […]

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