archiveOctober 12, 2023

The Central Bank of Nigeria (CBN) bhas finally lifted the foreign exchange restrictions it placed on importation of 43 items eight years ago. In a statement signed by CBN’s Director of Corporate Communications, Dr. Isa AbdulMumin, the bank said this is a significant change to the foreign exchange market policy....

The Supreme Court of Nigeria will swear in 57 new Senior Advocates of Nigeria (SANs) on Monday, November 27, 2023, including Mrs Funmi Falana, the wife of popular human rights lawyer Femi Falana (SAN). The Chief Registrar of the Supreme Court, Hajo Bello, said in a statement on Thursday that...

  Oyo State governor, ‘Seyi Makinde, has constituted both the Oyo State Elders’ Council and the Oyo State Advisory Council. The duo of former Chief of Staff to Governor Adebayo Alao-Akala, Dr Saka Balogun and former Minister of Power and Steel, Elder Wole Oyelese will serve as chairman and co-chairman...

President Bola Ahmed Tinubu has approved the appointment of Mr. Ola Olukoyede as the Executive Chairman of the Economic and Financial Crimes Commission (EFCC). The President also approved the appointment of Muhammad Hammajoda as Secretary of the EFCC on a renewable term of five years According to a press statement...

The Nigerian Communication Commission (NCC) has restored regulatory services to one of its licensees, Globacom Limited after it successfully cleared its outstanding debt obligations to the Commission for unpaid Spectrum Fees, Numbering Fees and Annual Operating Levy (AOL). The Commission has also stepped down planned enforcement action against Globacom over...

    Justice Mojisola Dada of the Special Offences Court sitting in Ikeja, Lagos, on Wednesday, October 11, 2023, adjourned till December 1, 2023 for judgment,  an alleged N1.7bn fraud case involving Kayode Odukoya, Managing Director and Chief Executive Officer of First Nation Airways Limited. Odukoya is facing trial,  alongside...

  The Asido Foundation, a Non-Governmental Organsiation (NGO), has called on the Federal Government to create a policy framework to protect and promote stable mental health for Nigerians. The Regional Coordinator of Lagos Asido Foundation, Dr Samuel Aladejare, made the call at a sensitisation programme organised by the foundation in...

    Meet Dr. Aminu Maida, Executive Vice Chairman/Chief Executive Officer, Nigerian Communications Commission (NCC), who takes over from Professor Umar Garba Danbatta, who was EVC NCC from 2015 to 2023 Aminu Maida, PhD, Executive Vice Chairman/Chief Executive Officer,  Nigerian Communications Commission (NCC) Dr. Aminu Maida was appointed the Executive...

Justice Efe Ikponmwonba of Edo State High Court  Benin City, on Tuesday October 10, 2023 convicted and sentenced an impersonator, Endurance Agbi and 10 other fraudsters to various jail terms. The other convicts are: Sylvester Osatofoh Ebhoaiye,  Edafe Promise, Christian Skinn, Ariomoghwa Lucky, Ogbebor Pricewill, Irikefe Prosper, Odiri Ejiro, Eyengho...

  The Managing Director/Chief Executive of the Nigeria Deposit Insurance Corporation (NDIC), Mr. Bello Hassan, has called upon the Institute of Chartered Accountants of Nigeria (ICAN) to incorporate courses on the Deposit Insurance System (DIS) into its educational programs and modules. According to a press statement issued by the Corporation...