Story Highlights Federal High Court in Abuja restrained the AGF, IGP, and others from actions that could undermine a case involving allegations of false information by...
The federal government of Nigeria has debunked allegations that the health of a United States Binance executive, Tigran Gambaryan is deteriorating while in custody at Kuje...
Olom Otane Egoro, a compliance officer from Access Bank has told the Federal High Court Abuja that the name of Daudu Sulaiman, a co-defendant to Ali...
Story Highlights Binance Ltd and its executive is facing legal scrutiny in Nigeria over money laundering and foreign exchange allegations. The Economic and Financial Crimes Commission...
Story Highlights Binance executive Tigran Gambaryan seeks compensation from Nigeria’s National Security Adviser (NSA) and Economic and Financial Crimes Commission (EFCC) for his prolonged detention. Gambaryan...
President of the Republic of South Africa, Cyril Ramaphosa says he will sustain a strategic partnership with Nigeria. This is after his country emerged as Nigeria’s...
Justice Obiora Egwuatu of a Federal High Court sitting in Abuja has dismissed a suit which sought the sacking of the Chairman, of the Economic and...
The Federal High Court Abuja on Wednesday struck out the fundamental rights suit filed by fleeing Binance Executive, Nadeem Anjarwalla against the Office Of the National...
Nigeria has been projected to lose 300 millionaires at home to another country in 2024, according to a report on migration by Henley & Partners. According...
Prominent Pay-TV operator, Multichoice Nigeria has filed an appeal against the ruling of the Competition and Consumer Protection Tribunal which imposed a N150 million fine and...
Nairametrics can confirm that Femi Otedola, chairman of FBN Holdings and principal owner of Geregu Power, has settled his dispute against Zenith Bank, which was previously...
Story Highlights African Union ministers have endorsed a Continental Artificial Intelligence (AI) Strategy for digital transformation across Africa. The strategy aims to promote Africa’s AI capabilities...
Story highlights Two Chinese directors have sued BN Ceramics Industry Limited and other directors, seeking a court determination on major company control based on share allocation....
Story Highlights The “japa syndrome” reflects a trend where Nigerians seek better opportunities abroad due to economic challenges at home, despite calls to discover local talents...
The Nigerian Government has agreed to benefit and be part of the Group of 7 (G7) “Energy for Growth in Africa” initiative investments in clean energy...
Story Highlights The Federal High Court in Nigeria discharged Tigran Gambaryan and Nadeem Anjarwalla from the FIRS tax evasion case against Binance, following the appointment of...
Leaders of the Group of 7(G7) countries held a meeting with Italian and United States private sector representatives resulting in a $420-million-dollar investment commitment towards African...
The Supreme Court of Nigeria has reserved judgment in the federal government’s suit which seeks to stop the governors of 36 states from spending or tampering...
The Federal High Court Abuja has remanded two staff members of the Rural Electrification Agency (REA), at the Kuje Correctional Service pending the determination of the...
The Nigerian National Petroleum Company Limited (NNPC) has filed a motion in the High Court of the Federal Capital Territory, Abuja, seeking to discontinue its ongoing...
Story highlights Again, the planned arraignment of Yahaya Adoza Bello, a former Kogi State Governor before a Federal High Court sitting in Abuja has stalled amid...
Yahaya Adoza Bello, a former Kogi State Governor is to be arraigned before a Federal High Court sitting in Abuja today, Thursday over an N 80.2...
The Tiv indigenes have asked for a “remedy” regarding the alleged takeover of 10,000 hectares of their ancestral lands by the Nasarawa State Government given the...
Story Highlights Zenith Bank compliance officer confirms ownership of Al-Buraq Global Investment Ltd by Hadi Sirika’s daughter and son-in-law. EFCC alleges N1.4 billion aviation contract fraud...
Story Highlights Famzhi CEO sentenced to five years in jail for N2 billion fraud in Nigeria. The company illegally diverted investors’ money through an unregistered investment...
Story Highlights Ahmed Halilu, MD of NSPM, testified in court regarding his suggestion to engage De La Rue UK for the redesign of the disputed new...
The Federal High Court of Nigeria has announced its practice directions on the newly introduced Electronic Affidavit (E-Affidavit) for the benefit of litigants and other users....
Story Highlights Federal High Court Abuja orders final forfeiture of properties bought by BDC dealer Jedidiah Ibrahim Ezenwa over N1.2 billion contract scam case by EFCC. ...
The federal government of Nigeria has announced a fresh scholarship award from the Government of Vietnam for candidates who passed the West Africa Examination Council (WAEC)...
The federal government of Nigeria has asked Nigerians to apply for the MTN scholarship programme for the 2024 academic year. The announcement was made by the...
Ondo state governor, Lucky Aiyedatiwa, accused operatives of the Economic and Financial Crimes Commission (EFCC) of disrupting “legitimate business activities” in Akure, Ondo state capital. His...
The United Nations Refugee Agency (UNHCR) has disclosed it received $181,646,993 from contributors as of May 31, 2024, for its operations in Nigeria and other countries...
First Deputy Minister of Foreign Affairs of Belarus, Sergey Lukashevich says his country has signed a five-year action plan with his Nigerian counterpart aimed at boosting...
The Supreme Court of Nigeria, Abuja on Friday reversed the final forfeiture order made against N1,222,384,857.84 linked to Melrose General Services Limited, associated with the much-talked-about...
A Federal High Court in Abuja has ordered the final forfeiture of a private university, NOK University, Kaduna State, including all its assets, to the Federal...
Story Highlights The Competition and Consumer Protection Tribunal fined Multichoice Nigeria N150 million for challenging the court’s jurisdiction and ordered the company to provide Nigerians with...
The China Civil Engineering Construction Company(CCECC) has said it created 10,000 jobs during the construction phase of the Abuja Rail Mass Transit project (Phase 1) valued...
The United Nations Office for the Coordination of Humanitarian Affairs (OCHA) has said that humanitarian partners would need $ 4.7 billion to assist 20.9 million vulnerable...
The federal government of Nigeria wants its South Korean counterpart to invest in electric vehicle projects in Nigeria. This was disclosed by Nigeria’s Minister of Foreign...
Nigeria’s Minister of Information and National Orientation, Mohammed Idris, has said that “the ongoing trial of rogue online platform, Binance, and one of its Chief Executives,...
A Federal High Court sitting in Lagos on Wednesday ordered the interim forfeiture of another property allegedly linked to the embattled former Central Bank of Nigeria...
Story Highlights The Federal Inland Revenue Service(FIRS) claims the Akwa-Ibom state government defaulted in its tax obligation to the tune of N84 billion, between 2008 and...
The Government of South Korea has pledged a total of $24 billion in development and trade assistance for the benefit of African nations including Nigeria. The...
The Nigerian government says it seeks to strengthen economic ties with the Republic of Korea, after exporting alloys and unwrought aluminium worth N3,400,420,000 to the country,...
Nigeria’s President, Bola Tinubu has committed to a National Minimum wage that is higher than N60,000 for Nigerian workers. The president’s commitment is contained in the...
Story Highlights Nigerian lawyers are split over the legality of the Nigeria Labour Congress’s (NLC) strike demanding a N494,000 minimum wage, with some asserting it aligns...
The entrance gates of the Federal High Court Headquarters, Abuja and the Court of Appeal Headquarters, Abuja have been shut and blocked by civil servants in...
The Government of the Islamic Republic of Iran, says its trade deals with African countries hit 1.2 billion dollars in the last two years. This was...
The Government of Germany has launched what it terms as ‘Opportunity Card‘ for skilled individuals outside the European Union (EU) to search for work opportunities in...
The Minister of Information and National Orientation, Mohammed Idris, has said that the federal government cannot sustain paying organized labour the N494,000 minimum wage they are...
The Independent Corrupt Practices and Other Related Offences Commission (ICPC) will arraign four staff members of the Rural Electrification Agency (REA), in an alleged electricity project...
Story highlights The African Development Bank (AfDB) has made several financial pledges towards Nigeria’s socio-economic development since 2023. The financial commitments relate to infrastructure, and agriculture...
Story highlights The African Development Bank (AfDB) has made several financial pledges towards Nigeria’s socio-economic development since 2023. The financial commitments relate to infrastructure, and agriculture...
The federal government of Nigeria has announced its scholarship awards from the Italian Government for postgraduate applicants in the country. The announcement was made by the...
A Federal High Court sitting in Lagos has ordered Guaranty Trust Bank(GTB) to temporarily seize the assets of Afex Commodities Exchange over a N17.808 billion outstanding...
The Economic and Financial Crimes Commission (EFCC) is seeking a final forfeiture order of the Federal High Court Lagos against a $1.4 million allegedly linked to...
The United States government has announced $176 million in additional humanitarian aid for West African countries including Nigeria. This was disclosed in a press release published...
The African Development Bank (AfDB) has announced an investment commitment of $2.9 billion to agriculture development in Nigeria and several African countries. AfDB President, Dr. Akinwumi...
Story highlight The Federal High Court in Abuja ruled that Non-Governmental Organizations (NGOs) cannot act as pressure groups to win court cases, as seen in the...
The Lagos State government says it has signed a partnership deal with a Dutch-owned Harvest Waste Consortium to build a waste-to-energy plant that will provide electricity...
Businesses operating in Nigeria are increasingly being regulated as the government strives to promote good corporate governance and best practices. Laws and regulations are formulated by...
The Kogi State Governorship Election Petition Tribunal sitting in Abuja, on Monday, has affirmed Usman Ododo as the authentic Governor of Kogi state. The tribunal dismissed...
The African Development Bank (AfDB) has stated that African countries need $1.3 trillion annually to experience sustainable development by 2030. This was buttressed in its statement...
The Federal Government of Nigeria has asked the Supreme Court to stop the governors of 36 states from spending or tampering with 20.6% allocation from the...
Nigeria’s Minister of Justice and Attorney-General of the federation, Lateef Fagbemi(SAN) disclosed Friday that global commodity trading giant, Glencore, is expected to pay Nigeria $50 million...
Wife of Tigran Gambaryan, a Binance executive detained by the Federal Government, has called for the release of her “sick” husband from the Nigeria Correctional Service,...
Wife of Tigran Gambaryan, a Binance executive detained by the Federal Government, has called for the release of her “sick” husband from the Nigeria Correctional Service,...
The legal team of the Nigerian Copyright Commission (NCC) has asked a Federal High Court in Abuja for leave to serve its copyright infringement processes on...
A former Minister of Aviation, Hadi Sirika and his brother, Ahmad, have been granted N200 million naira bail in the fresh fraud-related charges instituted against them...
A former Minister of Aviation, Hadi Sirika and his brother, Ahmad, have been granted N200 million naira bail in the fresh fraud-related charges instituted against them...
A detained Binance executive, Tigran Gambaryan, slumped before the Federal High Court Abuja during a foreign exchange contravention and money laundering trial instituted against him by...
A former Minister of Aviation, Hadi Sirika, and his brother, Ahmad, have pleaded not guilty to a fresh fraud charge instituted against them by the Economic...
Story Highlights The UNDP reports Africa needs $250 billion annually by 2030 to achieve climate objectives, yet only 10% of this amount is currently being met....
Secretary to the Government of the Federation, Senator George Akume, has said that President Bola Tinubu’s administration’s focus on infrastructure development, job creation and economic diversification...
The Federal Inland Revenue Service (FIRS) in Abuja has blamed operatives of the Nigerian Correctional Service for failing to produce Binance Limited executive, Tigran Gambaryan, to...
The United States Agency for International Development (USAID) has pledged $1 billion to the Economic Community of West African States (ECOWAS) to strengthen partnership between the...
The National Industrial Court (NIC), Enugu, has awarded N20 million cost against Dr Fabian Okonkwo, Director-General of Projects Development Institute (PRODA), for issuing a defamatory dismissal...
The Nigerian Financial Intelligence Unit (NFIU) says criminals are seeking the assistance of real estate agents and lawyers to acquire multi-million naira worth of properties across Nigeria. NFIU said suspects...
The International Congress and Convention Association (ICCA) has ranked Nigeria as Africa’s 14th most popular destination for important meetings in 2023. This is based on its...
The Ekiti State Government of Governor, Biodun Oyebanji, says it has disbursed N300 million to residents whose properties were marked for demolition in Atikankan area of...
The Nigeria Deposit Insurance Corporation(NDIC) has said it will pay depositors of closed microfinance and primary mortgage banks after recovering debts from those owing the failed...
The Socio-Economic Rights and Accountability Project (SERAP) has filed a lawsuit before the Federal High Court, Abuja, regarding the Federal Account Allocation Committee (FAAC) allocations since...
The African Union (AU) has asked Arabian countries to revitalize their investment and trade commitments on the continent. Chairperson of the African Union Commission, Mr. Moussa...
The Economic and Financial Crimes Commission (EFCC) says it has secured the convictions of 31 residents of Kano State in respect of the Naira abuse, among...
A director at the Security and Exchange Commission (SEC), Abdulkadir Abbas, has told the Federal High Court, Abuja, that the cryptocurrency exchange platform, Binance Limited, used...
Story Highlights The Federal High Court in Abuja restrained the Economic and Financial Crimes Commission (EFCC) and Providus Bank from arresting Chukwunonso Cosmas Nwobi, CEO of...
The Federal High Court, Abuja, on Friday, dismissed the bail application of a detained Binance executive, Tigran Gambaryan, following the Federal Government’s opposition. Gambaryan’s lawyer, M....
The Nigeria Minister of Foreign Affairs, Yusuf Tuggar, has accused the United States government of relying on human rights “fake news” to refuse the Nigerian military...
The legal team of the Federal Competition and Consumer Protection Commission (FCCPC) has declined to oppose the preliminary objection of a Pay-TV operator, Multichoice Nigeria, which...
A United States District Court has sentenced a 57-year-old Nigerian national, Uche Victor Diuno, to five years in prison for his role in a fraud targeted...
The Senate President, Godswill Akpabio, has referred President Bola Tinubu’s request for the confirmation of Emomotimi Agama as the Director General of the Securities and Exchange...
The suspended governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, has been granted another N300 million bail in the Nigerian government’s charge bordering on...
Story Highlights ICPC to arraign REA officer, Abubakar Abdullahi Sambo, for unauthorized payment of N1.8 billion for project supervision. Charges filed by ICPC include contravention of...
The legal team of the Nigerian Copyright Commission (NCC) has accused Karl Toriola, Chief Executive Officer of MTN Nigeria, of evading service in a copyright infringement...
The Economic and Financial Crimes Commission (EFCC) could not arraign a former Minister of Aviation, Hadi Sirika, and his brother, Ahmad in a fresh multi-million fraud-related...
The Nigerian government has said it will get along with rival economic powerhouses such as the United States, China and Russia as they all seek to...
The National Emergency Management Agency(NEMA) says it has delivered 996 metric tons of assorted grains to vulnerable residents of Plateau state. NEMA disclosed this via its...
The Nigerian Senate has asked the Federal High Court, Abuja, to dismiss a suit alleging that the Ethiopian government lacks budgetary allocation to cater for the...
The Economic and Financial Crimes Commission (EFCC) has accused a former Vice Chancellor of the National Open University of Nigeria (NOUN) Professor Vincent Ado Tenebe and...