The Lawyer Daily | Nigerian Legal News

N9.4bn Fraud: Judge Orders Arrest Of 2 Foreigners

Justice Daniel Osiagor of the Federal High Court, Lagos, has ordered the arrest of two businessmen, Nabil Edmond Maukarzel and Halawi Fidaa, for allegedly refusing to appear before him to take their pleas in an alleged N9.4 billion fraud case. Maukarzel, a…

19/07/2022

Nigeria And The New NNPC

By Reuben Abati [email protected] This day, July 19 should go down as a special moment in the economic history of Nigeria – the day when the country’s main vehicle for economic survival, the Nigerian National Petroleum Corporation (NNPC) is officially unveiled by the…

19/07/2022

AfDB To Finance SEC’s Market Surveillance System Project

In a bid to modernise Nigeria’s capital markets and ensure that it is well positioned to support economic transformation driven by private sector investment, the Securities and Exchange Commission (SEC) and the African Development Bank Group (AfDB) have signed an agreement for…

19/07/2022

Report: Immigration, NSITF Had No Financial Statements For 10 Years

The Nigeria Immigration Service (NIS) and the Nigerian Social Insurance Trust Fund have not submitted their annual financial statements to the Fiscal Responsibility Commission (FRC) in over 10 years. This is contained in a report unveiled by the OrderPaper Advocacy Initiative (OAI)…

19/07/2022

Chieftaincy Scandal: Bandit Ado Aleru Is Still On Our Wanted List — Katsina Police

The Katsina State Police Command on Monday said Ado Aleru, a notorious bandit leader, is still on its wanted list. Gambo Isah, the spokesman for the command, disclosed this to Channels Television in a telephone conversation while reacting to the chieftaincy title recently…

19/07/2022

Army Repels Bandits Attack On Military Base In Niger

Scores of bandits yesterday morning attempted to invade the military base in Sarkinpawa town in the Munya Local Government Area of Niger state but were repelled by soldiers according to reports from the area. The Niger State Commissioner for Internal Security and…

19/07/2022

Police Increase Character Certificate Fee From N5,000 To N40,000

Nigerians travelling abroad, including students are now to pay N40,000 for a police character certificate, also known as a police clearance certificate. This followed a new directive from the Nigeria Police High Command allegedly given earlier this month, directing the increment of…

19/07/2022

Two Nigerian-Born American Businessmen Jailed Over $160m ‘Controversial’ Remittances To Nigeria

The Founders of Texas-based fintech firm Ping Express US LLC, Anslem Oshionebo and Opeyemi Odeyale, have pleaded guilty for failing to combat money laundering on their platform. A statement by the US Department of Justice, which was seen by Business Insider Africa, explained…

19/07/2022

Buhari Approves N3bn Special Intervention Fund For Health Varsity In Benue

President Muhammadu Buhari on Monday said that the establishment of the Federal University of Health Science, Otukpo, Benue State was part of his administration’s at taking tertiary institutions closer to the people. The president stated this when he performed the groundbreaking ceremony of…

19/07/2022

Bayo Lawal Takes Oath Of Office As Oyo Deputy Governor

Oyo State governor, ‘Seyi Makinde, on Monday, charged the new deputy governor of the state, Barrister Abdulroheem Adebayo Adeleke Lawal, to see his position as a responsibility to deliver good governance to the people of Oyo State. The governor gave this charge shortly…

19/07/2022

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