A Federal High Court in Abuja has granted the police's request to detain 124 individuals arrested during #EndBadGovernance protests for 60 days, pending the completion of investigations.
Justice Emeka Nwite issued separate rulings on ex-parte motions presented by Ibrahim Mohammed, the legal representative for the Inspector-General of Police, approving the temporary detention of the suspects while the investigation continues.
The judge...
There are indications that the Federal Government committee responsible for implementing the sale of crude oil to local refineries in naira will soon address the pricing of Premium Motor Spirit (PMS), commonly known as petrol, to be released by the Dangote Petroleum Refinery next month.
Multiple sources, including oil marketers and members of the Implementation Committee on crude oil sales...
Politics
The Demolition of Landmark Beach Drives Investors to Relocate to Other Countries
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The demolition of the Landmark Beach front in Lagos is prompting some businesses to reconsider their investment strategies in Nigeria, with some considering scaling back their investments or relocating to other regions, according to a recent report. The report, titled "Nigeria Real Estate Market Review H1 2024" and published by Northcourt, highlights how rising inflation rates are driving up...
The Nigerian National Petroleum Company Limited (NNPC) does not have the financial resources required to rebuild the country's aging pipelines, according to the Minister of State for Petroleum Resources (Oil), Heineken Lokpobiri. Speaking at the recently concluded Energy and Labour Summit 2024, organized by the Petroleum and Natural Gas Senior Staff Association of Nigeria in Abuja, Lokpobiri highlighted the...
Politics
This Has to Stop!” Okonjo-Iweala Urges Politicians to Cease Weaponizing Insecurity- 2024
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Ngozi Okonjo-Iweala, the Director General of the World Trade Organization (WTO) and former Nigerian finance minister, has called on Nigerian politicians to stop exploiting insecurity as a political tool against their opponents.
Speaking at the 2024 Annual General Conference of the Nigerian Bar Association (NBA), held at the Eko Hotel & Suites in Lagos, Okonjo-Iweala delivered a keynote address titled...
New information suggests that the Minister of the Federal Capital Territory (FCT), Nyesom Wike, may have suspended the impeachment plot against the Governor of Rivers State, Mr. Siminalayi Fubara, to avoid potential exposure of alleged financial misconduct to the Economic and Financial Crimes Commission (EFCC). Before the elections, the EFCC had declared Fubara wanted for the alleged misuse of...
Politics
The Federation Account Allocation Committee (FAAC) distributes N966.110 billion to FG, State and Local councils
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The Federation Account Allocation Committee (FAAC) has distributed a total of N966.110 billion in July's Federation Account Revenue among the Federal Government, States, and Local Councils.
This information was detailed in a communiqué released following the conclusion of the FAAC meeting held in Abuja on Tuesday. The meeting was led by Wale Edun, the Minister of Finance and Coordinating Minister...
"We have never engaged in discussions about our plans with any foreign power, whether they are present on the ground, in the air, or within their own countries. ECOWAS is making independent and autonomous decisions," stated Musah.
The Economic Community of West African States (ECOWAS) has dismissed allegations of external powers influencing its efforts to address the political instability in...
Politics
Federal High Court, Abuja: Orders DSS TO Grant Nnamdi Kanu Access to his Medical Records
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The Federal High Court in Abuja has ordered the Department of State Services (DSS) to grant Nnamdi Kanu, the leader of the Indigenous People of Biafra (IPOB), access to his medical records. The court ruled in favor of Kanu's request, stating that he is constitutionally entitled to access his medical records and the doctors of his choice.
The court's decision...
Politics
LAWYERS REQUEST THE COURT TO ARREST THE DSS DG FOR REFUSING TO RELEASE GODWIN EMEFIELE
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A group of 60 constitutional and human rights lawyers in Abuja have taken action against the Director General of the State Security Service (SSS), Mr. Yusuf Bichi, for allegedly violating multiple court orders directing the release of former Central Bank of Nigeria Governor, Mr. Godwin Emefiele, from custody. The lawyers have commenced committal to prison proceedings against Mr. Bichi,...
Cooking Gas Price Drops in Nigeria, Supply Increases
The Federal Government to an extent has ensured the reduction in the cost of Liquefied Petroleum Gas, popularly called cooking gas. the price of...