COVER STORY

Nigeria Was On The Road To Economic Disaster Before May 29 – Edun

The Minister of Finance and Co-ordinating Minister of the Economy, Wale Edun believes the country is on the path to recovery, saying Nigeria was heading to economic disaster before President Bola Tinubu came to power in May. Edun disclosed this on Tuesday during his…

06/02/2024

King Charles III Diagnosed With Cancer – Buckingham Palace

King Charles III has been diagnosed with a form of cancer and has begun treatment, Buckingham Palace said on Monday. “During The King’s recent hospital procedure for benign prostate enlargement, a separate issue of concern was noted. Subsequent diagnostic tests have identified a…

05/02/2024

NBA Lagos & Ikeja Branches Issue Cease-&-Desist To Companies Appointing Non-Lawyers

The Lagos and Ikeja branches of the Nigerian Bar Association, (NBA), have expressed their dismay about the decisions of some companies to appoint non-lawyers as their legal directors. The body said it had sent letters of cease and desist to six companies, notable…

05/02/2024

Ex-Yobe Gov Bukar Ibrahim Dies in Saudi Arabia at 73

The former governor of Yobe State, Bukar Abba Ibrahim, died at 73 on Sunday. He died in Saudi Arabia after a protracted illness, a source who preferred anonymity claimed. Ibrahim was the governor of Yobe State from May 1999 to May 2007. During his first…

04/02/2024

No Plans To Convert $30bn Domiciliary Deposits To Naira – CBN

The Central Bank of Nigeria (CBN) on Saturday said there is no plan to convert $30bn domiciliary deposits to naira. Reports emerged in the media that Federal Government and the apex banks were considering the conversion of foreign currencies in domiciliary accounts of…

03/02/2024

NBA President Halts SPIDEL Operations, Suspends Public Interest Lawsuits

The President of the Nigerian Bar Association (NBA), Yakubu Maikyau SAN, has directed the association’s Public Interest and Development Law Section (SPIDEL) to immediately suspend its ongoing public interest lawsuits and advocacy interventions. In a letter dated January 31st, Maikyau accused SPIDEL…

02/02/2024

CBN Orders Banks to Sell Excess Dollars in 24 Hours

Amid its fresh moves to stabilise the nation’s volatile exchange rate, the Central Bank of Nigeria has ordered Deposit Money Banks to sell their excess dollar stock latest February 1, 2024. The CBN, which made the disclosure in a new circular released on…

01/02/2024

FBN Holdings Appoints Otedola As Chairman

First Bank of Nigeria Holdings Plc has appointed the 20th richest man in Africa, Femi Otedola, as its new Chairman. FBN Holdings, in a notice to the Nigerian Exchange Limited and the investing public, said the decision was made at the meeting of…

31/01/2024

Court Stops Police From Arresting Fubara’s CoS, Ehie

The Port Harcourt Division of the Rivers State High Court has granted an ex-parte order restraining the Nigeria Police Force and other security agencies from arresting, detaining, and or harassing Edison Ehie. The order which was granted following a motion ex-parte filed by…

31/01/2024

NBA Calls For Expressions Of Interest To Fill 22 Court Of Appeal Vacancies

The Nigerian Bar Association (NBA) has issued a call for expressions of interest from qualified candidates interested in filling 22 vacant positions on the Court of Appeal. APPOINTMENT OF 22 (TWENTY-TWO) ADDITIONAL JUSTICES OF THE COURT OF APPEAL: CALL FOR EXPRESSION OF INTEREST Distinguished…

31/01/2024

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