archiveJuly 2021

ustice Chukwujekwu Aneke of the Federal High Court sitting in Ikoyi, Lagos, on Thursday, July 15, 2021, ordered the final forfeiture of the sum of $3,719,855.94 found in the account of a company, Enerbett International Ltd., to the Federal Government.Justice Aneke gave the order, following an ex-parte application filed by the Economic and Financial Crimes Commission, EFCC.The Judge had, on June 18, 2021, ordered the interim forfeiture of the...

INEC panel chair votes against own report Members of the All Progressives Congress (APC) in the Senate on Thursday voted against electronic transmission of results. The Committee had, in the report, recommended in Section 52(3) that, INEC “may transmit results of elections by electronic means where and when practicable.” But...

  ...adjourns till September 14, 2021   The Senate on Thursday finally passed the long awaited Electoral Act (Amendment) Bill, 2021. The upper chamber during a clause-by-clause consideration of the bill approved electronic transmission of results during elections, provided that such areas are adjudged by the National Communications Commission to be...

  The Senate on Thursday approved President Muhammadu Buhari’s request for ongoing external loans to the tune of $8,325,526,537 (USD) and €490,000,000 (Euros) under the 2018-2020 External Borrowing (Rolling) Plan. The approval followed the consideration of a report on the 2018-2020 External Borrowing (Rolling) Plan by the Committee on Local and Foreign Debt. Chairman...

   President of the Senate, Ahmad Lawan, has congratulated Senator Ibrahim Danbaba (PDP, Sokoto South) on his nomination and emergence as the Deputy Minority Whip of the Senate.    Danbaba replaces Senator Sahabi Ya’u (Zamfara North) who on July 21, 2021, defected from the opposition Peoples’ Democratic Party to the...

Global marketing measurement leader, AppsFlyer and Google reports have showed a boom in African mobile app market, propelled by a growing fintech space, a rise in ‘super apps’, and the COVID-19 pandemic among other factors. Its analysis of over 6,000 apps and two billion installs across South Africa, Nigeria, and...

  The House of Representatives has resolved to investigate the supplementary recruitment of 44 candidates by the Nigerian Navy, for allegedly violating the principle of Federal character. The resolution followed the adoption of a motion of urgent public importance by Rep Ben Igbakpa (PDP-Delta) at the plenary on Wednesday, in...

Justice Peter Kekemeke of the FCT High Court, Nyanya, on Wednesday sentenced a 29- year-old pastor to life imprisonment for raping a 17- year-old girl. The convict, Stephen Kalu, a pastor of Adoration Ministry, Karshi, Abuja, was arraigned before the court by the police on a two-count charge of rape...

The Association of Local Governments of Nigeria (ALGON) has disclosed that was taking the initiative of bringing to an end multiple taxation of goods and services as well as illegal road blocks across the country. The association disclosed this in a communiqué signed by its National Publicity Secretary, Mr Solomon...

Nigerian Exchange (NGX) Limited in collaboration with the Bureau of Public Enterprises (BPE) and the Nigerian Investment Promotion Commission (NIPC) held an investors' webinar on Tuesday, 13 July 2021. The event was headlined by the Vice President, Federal Republic of Nigeria, and Chairman of the National Council on Privatization Professor...