archiveJune 2019

  By Olisa Agbakoba Legal In a landmark judgment delivered on Friday, June 14, 2019, by Honourable Justice Babs Keuwumi of the Federal High Court Lagos, in Seadrill Mobile Units Nigeria Limited v The Honourable Minister for Transportation & 2 Ors Suit No:FHC/L/CS/607/2016, initiated vide an Originating Summons, it was...

The Multiple Birth Trust Fund disbursement has been restored in Ekiti State after a four-year break, as the wife of Ekiti Governor, Mrs Bisi Fayemi, made donations to 104 families. The Special Assistant on Media to Mrs Fayemi, Funmi Ajala, made this known in a statement in Ado Ekiti on...

  The Joint Admissions and Matriculations Board (JAMB) on Monday arrested one Adah Eche for fraudulently upgrading his scores in the recent Unified Tertiary Matriculations Examination (UTME) from 153 to 290. Eche, 19, allegedly engaged some fraudsters through Facebook and Whatsapp platforms, having come across an advertisement that claimed to...

Vice President Yemi Osinbajo on Monday in New York said the huge development challenges facing Nigeria and the rest of Africa were “excellent opportunities for groundbreaking investments and innovation”. He stated this as a guest at an interactive session hosted by the Council on Foreign Relations (CFR), a think-tank. In...

The counsel to the Securities and Exchange Commission (SEC), Anthony Idigbe (SAN), on Monday opposed an application seeking to join Oando Plc in a suit filed its Group Chief Executive Officer, Adewale Tinubu, and his deputy, Omamofe Boyo. They duo are seeking enforcement of their fundamental rights before a Federal...

  President Muhammadu Buhari has welcomed ruling by the Presidential Election Tribunal rejecting request by the Peoples Democratic Party (PDP) and its presidential candidate, Atiku Abubakar, to inspect the server they claimed to have been used by the Independent National Electoral Commission (INEC) in the February 2019presidential election. His spokesman,...

  The Court of Appeal Abuja division on Monday ordered President Muhammadu Buhari to respond within five days to the appeal filed against his qualification for the 2019 presidential election. The court also ordered the All Progressives Congress (APC), and the Independent National Electoral Commission (INEC) to within five respond...

  The Federal Government on Monday inaugurated the newly re-constituted Board of the Securities and Exchange Commission (SEC) with Mr. Oluremi Lijadu as Chairman. The inauguration which was conducted by the Permanent Secretary, Federal Ministry of Finance, Alhaji Mahmoud Isa-Dutse, in Abuja has  Lijadu as Chairman of the Board of...

  Transactions on The Nigerian Stock Exchange (NSE) resumed for the week on Monday still on a bearish trend with the investors recorded a loss of N18 billion in the day trading. The market capitalisation which opened the week at N13.154 trillion lost N18 billion or 0.14 per cent to...

  Oando Plc pleaded on Monday that the Federal High Court in Lagos should join it in a suit filed by its Group Chief Executive Officer Wale Tinubu and his deputy Mr Omamofe Boyo against the Securities and Exchange Commission (SEC). Tinubu and Boyo are challenging SEC’s decision to remove...