NewsReports

The Presidential Election Petition Court (PEPC) has rejected, a copy of the report on the last presidential election made by the European Union (EU) Election Observers Mission tendered by Peter Obi and the Labour Party (LP). The court held that the document was obtained by the petitioners from its registry, which was certified by its staff who is not a …

The Presidential Election Petition Court, PEPC, sitting in Abuja, has dismissed as incompetent, the case the Allied Peoples Movement, APM, filed to nullify President Bola Tinubu’s election. The court held that issues the APM raised in its petition contained pre-election matters that could only be determined by the Federal High Court. Chairman of the panel, Justice Haruna Tsammani, who read …

The Acting Governor of the Central Bank of Nigeria, Folashodun Shonubi, has said the apex bank will repay banks all outstanding forward contract debts in the next one to two weeks. Although he did not disclose the total amount of the outstanding dollar debts, a report by JPMorgan, a United States-based bank in a recent report put the total amount …

The Nigeria Labour Congress, NLC, yesterday made good its threat to hold a two day warning strike from Tuesday, recording mixed compliance across the country. While the strike grounded government’s activities in states such as Rivers, Edo, Cross River, Benue, Kaduna and Kano, among others. It recorded partial compliance in Lagos, Abuja, Ogun, Ekiti, Kwara and Kebbi. Some of the …

Vice President Kashim Shettima, the National Security Adviser, Nuhu Ribadu, Bauchi state governor, Bala Mohammed, Nasarawa state governor, Abdullahi Sule, Yobe state governor, Mai Mala Buni, Ekiti state governor, Biodun Oyebanji and the chairman of the All Progressives Congress, Abdullahi Ganduje are among those that have arrived the Presidential Election Petition Court sitting at the Court of Appeal in Abuja. …

• N318 billion subsidy now paid monthly• Marketers lament inability to import as NNPC maintains monopoly with FX access There are indications that the Federal Government may have returned subsidy payment on Premium Motor Spirit (PMS), using the supposed commercialised Nigerian National Petroleum Company Limited to manage the market shocks and maintain monopoly of the downstream segment of the nation’s …

•World Bank: With right policies Nigeria can achieve 7% growth  •Financial sector key to actualising development agenda, says Bagudu . •Shonubi: Banking industry not doing enough for economy Vice President Kashim Shettima, yesterday declared that the decision to end the petrol subsidy regime by the administration of President Bola Tinubu was irrevocable as he rallied the financial sector to support current …

The Minister of Interior, Olubunmi Tunji-Ojo, has said that all passport backlogs in Nigeria should be cleared within two weeks. Tunji-Ojo said that there is no excuse for passport delays in Nigeria and that the scarcity and delay in issuing new passports and renewing old ones are fueling corruption in the sector. The Minister made this announcement during an interview …

Annul Tinubu’s election and declare Obi winner Cancel the elections and order a fresh poll among the 18 candidates Cancel the elections and order a re-run between the best two Order a re-run between Tinubu and Atiku Order a re-run between Atiku and Obi The five justices Who’ll decide Tinubu’s, Atiku’s, Obi’s fate The four men and one woman, who …

Respite may come the way of the Deputy Governor of Edo State, Rt. Hon Philip Shaibu over the crisis between him and his principal, Governor Godwin Obaseki and others as he has written a letter withdrawing the suit. A statement personally signed by Shaibu said his decision was to respect the intervention of several individuals including religious, prominent Edo people …