Emefiele An FCT High Court on Wednesday admitted the former Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, to bail in the sum of N300 million. The presiding judge, Justice Hamza Muazu, also ordered Emefiele to produce two sureties in like sum. Justice Muazu ordered that the sureties must have certificates of occupancy […]

The political crisis that has hit Rivers State escalated yesterday. Members of the divided House of Assembly held separate sittings, which underscored their split allegiance and resumption of conflict between the camp of lawmakers loyal to Governor Siminalayi Fubara and Minister of Federal Capital Territory (FCT), Nyesom Wike. While majority of the lawmakers held plenary […]

– Nation risks return to currency squeeze crisis – Apex court fixes Nov 30 for hearing Barely 40 days to the end of the year, the Federal Government has urged the Supreme Court to grant an extension of time for old naira notes to remain in circulation. The government wants the apex court to lift […]

– Sanwo-Olu, Akeredolu, Obaseki, Otti, Adeleke defend integrity Five governors battling with public criticisms over alleged misapplication of public funds yesterday defended the financial activities of their administrations. Governors Babajide Sanwo-Olu (Lagos), Alex Otti (Abia), Oluwarotimi Akeredolu (Ondo), Godwin Obaseki (Edo), and Ademola Adeleke (Osun) denied the allegations of unscrupulous spending brought up against them […]

● Urge Govt to reduce growing anxiety among Nigerians Rising from its four-day annual conference in Uyo, the Akwa Ibom state capital, at the weekend, the Nigerian Guild of Editors (NGE) aligned with measures so far adopted by the Federal Government to revive the economy. However, the body of editors declared that the path to […]

From top left and clockwise: Kabir Abba of Katsina, Simi Fubara (Rivers), Dikko Umar Radda (Katsina), Seyi Makinde (Oyo), Babajide Sanwo-Olu (Lagos), and Abdulrazaq Alimi (Kwara) The 36 states of the federation have spent N1.71tn on recurrent expenditures including allowances, foreign trips, office stationery, aircraft maintenance, and more in the first nine months of 2023. […]

• Judiciary constitutes 98 panels to hear 1,209 election petitions • 10 (out of 21) apex court justices saddled with 6,884 cases • 346 judges drawn from various courts for electoral duties • Fastest case from High Court to Supreme Court may take average of 30 years – Banire • In absentia, pending cases of […]

Ex-CBN Governor Emefiele and former President Buhari Former President Muhammadu Buhari has disclosed the reasons behind his approval of the controversial naira redesign policy. It would be recalled that the Central Bank of Nigeria (CBN) redesigned N200, N500, and N1,000 denominations in October 2022. The CBN also set a certain deadline for the legal tender […]

The Federal Government through its counsel, Rotimi Jacobs (SAN), on Monday, urged Justice Mohammed Liman of the Federal High Court to dismiss the no-case application filed by Petro Union and three of its directors alongside a consultant who is currently standing trial for alleged £2.6bn fraud, The Economic and Financial Crimes Commission (EFCC) is prosecuting […]