archiveMay 9, 2025

Justice Emeka Nwite of the Federal High Court, Abuja, on Friday, May 9, 2025, adjourned proceedings in the trial of the former Kogi State governor, Yahaya Adoza Bello till June 26 and 27, and July 3 and 4, 2025 for ruling on the relief sought by the EFCC's counsel, to...

Justice Chukwujekwu Aneke of the Federal High Court, sitting in Ikoyi, Lagos, on Thursday, May 8, 2025, adjourned till June 11, 2025 “for a report on settlement and/or arraignment” of the Chairman of Honeywell Group, Oba Otudeko and others over an alleged N12.3bn fraud brought against them by the Lagos...

The Nigerian National Petroleum Company Limited (NNPC Ltd.) and Dangote Petroleum Refinery and Petrochemicals (DPRP) have pledged to deepen collaboration aimed at ensuring Nigeria’s energy security and advancing shared prosperity for Nigerians. This commitment came to the fore during a courtesy visit by the President/Chief Executive of Dangote Group, Mr....

Fidelity Bank grows PBT by 167.8% to N105.8bn in Q1 202 Fidelity Bank Plc, one of Nigeria's leading Tier-1 financial institutions, has announced a remarkable financial performance for the first quarter of 2025, recording a Profit Before Tax (PBT) of N105.8 billion, representing an impressive growth of 167.8% compared to...

The House of Representatives has summoned key figures in Nigeria’s economic management, including the Minister of Finance and Coordinating Minister of the Economy, Wale Edun; Minister of Budget and Economic Planning, Atiku Bagudu; and the Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, over the federal government’s prolonged...

The ruling All Progressives Congress (APC) has condemned prominent economist, Pat Utomi for comparing President Bola Tinubu to Adolf Hitler. Speaking via a statement by its National Publicity Secretary, Felix Morka, the ruling party stated that it was reckless and insensitive for Utomi to liken Nigerians experience under the administration...

The Senate on Wednesday passed two out of the four proposed tax reform bills submitted by President Bola Tinubu, marking a significant step toward overhauling Nigeria’s fiscal framework. The bills passed are the Nigeria Revenue Service (Establishment) Bill and the Joint Revenue Board (Establishment) Bill. Their passage followed the adoption...

The Federal High Court in Abuja has dismissed a lawsuit filed by MultiChoice Nigeria Limited, which sought to stop the Federal Competition and Consumer Protection Commission (FCCPC) from investigating recent increases in subscription prices for DStv and GOtv services. The commission disclosed this Thursday in a statement signed by the...

President Bola Tinubu offers his warmest congratulations to His Holiness Leo XIV on his election as the Pope and the new leader of the Roman Catholic Church. The President felicitates The Conclave for electing the American Robert Francis Cardinal Prevost as the 267th Bishop of Rome. President Tinubu rejoices with...

The Federal Government has given an update on efforts to extradite Simon Ekpa, a Finnish-Nigerian citizen and former city councillor in Finland, to face charges in Nigeria. The Attorney General of the Federation and Minister of Justice, Prince Lateef Fagbemi (SAN), made this known during a special event on Thursday....