Justice Eberechi Suzzette Nyesom-Wike from Rivers Judicial Council is on the list of nominees priority nominees sent to the Federal Judicial Council Commission. The President of the Court of Appeal, Hon. Justice M.B Dongban-Mensem has requested the appointment of 22 new Justices to the Court of Appeal, which include the wife of Nyesom Wike, the Minister of the Federal Capital …
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JUST IN: Again, Naira Tumbles At Official Market, Trades N1,234/$
For the second consecutive time, Naira on Monday slightly depreciated at the official market, representing a 5.51 per cent loss when compared to the previous trading date on Friday, April 19, when it exchanged at N1,169.99 to a dollar. Data from the official trading platform of the FMDQ Exchange, a platform that oversees the Nigerian Autonomous Foreign Exchange Market (NAFEM), revealed that …
Read More »FCCPC Seals Abuja Chinese Supermarket Over Discrimination Against Nigerians
The Federal Competition and Consumer Protection Commission has sealed the Chinese supermarket located within the China General Chamber of Commerce in Abuja, the nation’s capital. Officials of the FCCPC stormed the premises and shut the supermarket on Monday. The commission’s officials sealed up the place following the interrogation of Nigerian workers at the supermarket. Recall that Nigerians had expressed outrage …
Read More »‘Catch-And-kill’ To Be Described To Jurors As Testimony Resumes In Hush Money Trial Of Donald Trump
NEW YORK — A longtime tabloid publisher was expected Tuesday to tell jurors about his efforts to help Donald Trump stifle unflattering stories during the 2016 campaign as testimony resumes in the historic hush money trial of the former president. David Pecker, the former National Enquirer publisher who prosecutors say worked with Trump and Trump’s lawyer, Michael Cohen, on a so-called “catch-and-kill” strategy to …
Read More »IG Warns Of Govs’ Excesses As FG Insists On State Police
The Inspector-General of Police, Kayode Egbetokun, has rejected the state police proposal, warning that the governors can abuse the outfit for political or personal gains and compromise human rights and national security. The IG stated this at the national dialogue on state policing organised by the House of Representatives in Abuja, on Monday, with the theme, ‘Pathways to Peace: Reimagining …
Read More »Govt To Sell Abuja, Ibadan, Benin, Kaduna, Kano DisCos
• Banks, AMCON lack capacity • Fed Govt revokes $200m metering contract The Federal Government yesterday vowed to sell off the five electricity Distribution Companies (DisCos) as blackout persists. A $200m non-performing metering contract awarded since 2021 has been revoked by the Federal Government. Minister of Power Adebayo Adelabu said banks and the Asset Management Company (AMCON), which have been managing these …
Read More »IGP Kicks As ex-Presidents, Others Back State Police
The polity was divided, yesterday, over the clamour for state police in Nigeria as leaders brainstormed at a one-day national dialogue on state policing organised by the House of Representatives. While some leaders backed state police, the Inspector General of Police, Kayode Egbetokun, disagreed, countering that Nigeria was not ready or mature for it because it was open to abuse by …
Read More »Recapitalisation: Insurers, Banks Compete For Scarce Funds Under New NAICOM
• Omosehin faces litigation hurdle to reactive process • Naira depreciation, inflation shrink industry capacity • At 0.5 per cent, Nigeria among countries with lowest penetration• Industry behind South Africa, Kenya, Ghana• Underwriters about 10 times more capitalised in 2007 Nigerian insurance companies may join banks soon to source for fresh funds to inject into the industry as a staunch advocate of the muted recapitalisation, Olusegun Omosehin, assumes office soon as the …
Read More »FG’s Three New National ID Cards
The Federal Government is planning to launch three new national identity cards in May. The target, it says, is to provide for about 104 million citizens throughout the country. According to the Technical Adviser, Media, and Communications to the Director-General of the National Identity Management Commission (NIMC), Ayodele Babalola, the new cards are a bank-enabled National ID card, social intervention …
Read More »Aiyedatiwa Declared Winner Of Ondo APC Primary
Governor Lucky Aiyedatiwa of Ondo State has secured the nomination of the All Progressives Congress (APC) for the forthcoming November 16 governorship election, following his declaration as the party’s candidate. Aiyedatiwa clinched the nomination with a resounding victory, amassing a total of 48,569 votes in the primaries. His closest contender, Mayowa Akinfolarin, trailed behind with 15,343 votes, while Chief Olusola Oke secured the third …
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