archiveNovember 2021

Justice Nicholas Oweibo of the Federal High Court sitting in Ikoyi, Lagos has adjourned the trial of Azeez Fashola, also known as Naira Marley, till February 16, 2022. Marley is being prosecuted by the Economic and Financial Crimes Commission, EFCC, on an 11-count charge bordering on conspiracy and credit card...

The Chartered Institute of Taxation of Nigeria (CITN) has inducted 850 new associate members as certified chartered practitioners in the field of taxation, calling on its members to shun all acts of unethical practices and be prudent in all their dealings especially in professional services rendered to their clients at...

  The Director-General of the Securities and Exchange Commission (SEC), Mr Lamido Yuguda, says technological innovations will enhance the efficiency and transparency of the capital markets around the world. Yuguda said this in a goodwill message at the Nigerian Exchange (NGX) Ltd., hybrid Capital Market Conference held in Abuja on...

MTN Nigeria on Tuesday announced a public offering of 575 million shares at N169 per share with effect from Dec.1, 2021. The offer closes on Dec. 14. Its Chief Executive Officer, Mr Karl Toriola, told newsmen in Abuja that the “Retail Offer’’ which is to be delivered via a digital...

 The Nigerian stock market ended trading for the month of November on Tuesday still on a bearish note with a loss of N12 billion.Specificaly, the market capitalisation inched lower by N12 billion or 0.05 per cent to close at N22.566 trillion from N22.578 trillion on Monday. Also, the All-Share Index...

The National Economic Council(NEC) presided over by Vice President Yemi Osinabjo has endorsed a memorandum on Finance Bill 2022. The virtual emergency NEC meeting was anchored from the Presidential Villa, Abuja, on Tuesday. Laolu Akande, Senior Special Assistant to the President on Media and Publicity, Office of the Vice President,...

Minister of Justice Abubakar Malami, SAN has set up a five-member Committee to investigate and verify the authenticity of the alleged claims of a syndicate selling government’s recovered property. Malami disclosed this in a statement by Dr Umar Gwandu, his Special Assistant on Media and Public Relations on Tuesday in...

A Federal High Court, Abuja, on Tuesday, declared that the banishment of deposed Emir Sanusi Lamido Sanusi II from Kano State was unlawful and unconstitutional.   Justice Anwuli Chikere, in a judgment, held that the Emirate Council Law, 2019, under which the state government claimed to have acted, was in conflict...

  Mr Rotimi Albert, a prosecution witness in the trial of Chidinma Ojukwu charged with murder of Super TV Chief Executive Officer, Usifo Ataga, has said that Ataga’s family found his body in a mortuary on his birthday.Albert testified on Tuesday as the fourth prosecution witness. He gave evidence before...

  Gov. Babagana Zulum of Borno on Tuesday presented a budget of N267billion for 2022 to the state House of Assembly for approval. Presenting the budget tagged “budget of Hope for Post-Conflict Stability”, Zulum said that it was made up of N172 billion capital expenditure and N95 billion recurrent expenditure....