In a six-to-one judgment, the Supreme Court on Tuesday dismissed former Imo State Governor Emeka Ihedioha’s application for a review of the January 14 judgment, which ordered his removal. The highest court ordered the swearing-in of All Progressives Congress (APC) governorship candidate Hope Uzodimna, but Ihedioha and the Peoples Democratic Party (PDP) asked the apex […]

• Agency hands over recovered N263m to Kwara govt • Remands oil marketer over alleged forgery, takes custody of suspected oil thieves A mini-coffin suspected to contain fetish materials was found with a 38-year-old suspected internet fraudster, Azeez Adebowale, when operatives of the Economic and Financial Crimes Commission (EFCC) raided his house in Ibadan on […]

Expert in the financial market has flayed the Central Bank of Nigeria (CBN) decision to retain Loan to Deposit Ratio (LDR) at 65 per cent, urging the apex bank to reconsider its stance in order to forestall further depreciation of banking stocks in the nation’s stock market. Specifically, the expert stressed the need for government […]

Following the ongoing recapitalisation in the industry, the National Insurance Commission (NAICOM), is planning a palliative mechanism for underwriters, who could not recapitalise before the December 31st, 2020 deadline. The palliative, known as regulatory forbearance, would enable the undercapitalised firms form a consortium, by pooling all their resources together to form a strong single entity. […]

Ailing Chinese national quarantined at Lagos Airport, no case established Two foreign nationals, who were suspected to have contacted the Coronavirus (COVID-19) from Asia, have tested negative to the disease in Lagos State, Chief Incident Commander of the virus, Governor Babajide Sanwo-Olu said yesterday. Sanwo-Olu disclosed that medical examination at the state’s bio-security facility conducted […]

Cross River State Governor Ben Ayade has sworn in Justice Maurice Eneji as Acting Chief Judge of the state without a endorsement of the National Judicial Council (NJC). His swearing-in yesterday followed a controversial session at the state House of Assembly on Monday having declined to confirm Justice Akon Ikpeme as substantive Chief Judge because […]