Tag: nigerian energy

A former banker turned businessman, Olufemi Olalekan Olushakin alongside two others have been charged before the Chief Magistrate Court in Ibadan, Oyo State for alleged robbery. Olushakin —now at large— and the two suspects — Ayomide Akanbi and David Adewale— were alleged to have conspired to commit felony to-wit armed robbery and thereby committed an…

The Port Harcourt Refinery Company (PHRC) has once again shut down its operations, just months after undergoing a ₦1.5 billion rehabilitation process. The refinery, located in Rivers State, Nigeria, has been plagued by numerous challenges, leading to frequent shutdowns and limited production capacity. According to sources within the Nigerian National Petroleum Corporation (NNPC), the refinery…

A state High Court sitting in Port Harcourt, the Rivers state capital has nullified the ward, local government areas, and state congresses of the All Progressives Congress (APC) in Rivers State which produced Tony Okocha as their chairman. Presiding Judge, Justice Godswill Ogbomanu in his ruling earlier on Friday, nullified the congresses by the party,…

The Federal High Court in Abuja, on Friday, refused to grant bail to Olamide Thomas, the nurse and activist, who was detained over her social media remarks against President Bola Tinubu, his son, Seyi Tinubu, and others. Ms Thomas’ lawyers orally applied for her bail on Friday following her arraignment by the police on three…

The High Court of Justice, Civil Division, Court 2, in Benin City, Edo State, has granted a mandatory injunction on December 20, 2024, compelling the Edo State Government to reinstate the suspended Chairmen and Vice Chairmen of 18 Local Government Councils. The ruling comes after the elected officials were abruptly suspended by the Edo State…

The Central Bank of Nigeria has granted Bureau de Change operators temporary permission to purchase up to $25,000 weekly in foreign exchange from the Nigerian Foreign Exchange Market, which was launched earlier this month. In a circular dated December 19, 2024, and signed by T.G. Allu, on behalf of the CBN’s acting Director, Trade and…

The Court of Appeal sitting in Abuja, on Friday, ordered MTN Nigeria Communications Limited to pay N15 million damages over the unlawful deduction of a subscriber’s airtime through unsolicited services. The appellate court, in a unanimous decision by a three-member panel of Justices, described as fraudulent, the regular deduction of airtime of customers by the…

The Court of Appeal sitting in Enugu has sacked Senator Samuel Anyanwu as the National Secretary of the People’s Democratic Party (PDP) and declared Rt. Hon. Ude Okoye as the substantive National Secretary. The ruling affirms the earlier judgment of the Enugu State High Court, which had removed Anyanwu and upheld Okoye’s nomination by the…

Bitcoin traded at around $27,808.07 at 6:57 a.m. ET on Friday, down around 9% from 24 hours before where it was priced above $30,000, according to Coin Metrics. The cryptocurrency hit an all-time high above $32,000 just this week, but has since sold off aggressively. The Federal Reserve rattled markets in recent days, as it…

In an unexpected turn of events during Friday’s proceedings at the Ekiti State Magistrate Court in Ado-Ekiti, bail was granted to prominent activist Dele Farotimi following a hearing marked by several unforeseen interruptions and delays. The session commenced with discussions regarding the eligibility of a Senior Advocate of Nigeria (SAN) to appear before the magistrate…

In an unexpected turn of events during Friday’s proceedings at the Ekiti State Magistrate Court in Ado-Ekiti, bail was granted to prominent activist Dele Farotimi following a hearing marked by several unforeseen interruptions and delays. The session commenced with discussions regarding the eligibility of a Senior Advocate of Nigeria (SAN) to appear before the magistrate…

Activist and lawyer, Dele Farotimi, arrived at an Ekiti Magistrate Court today amid a heavy security presence for an ongoing defamation case. The courtroom premises were surrounded by a large crowd of supporters, with chants of #RevolutionNow echoing across the area, creating a charged atmosphere. The Magistrate and the prosecutor representing the Nigeria Police Force…

The Nigerian Electricity Regulatory Commission (NERC) has formally transferred the power of regulation and oversight of the electricity market in Lagos to the newly-set up Lagos State Electricity Regulatory Commission (LASERC). The national power regulator also ordered the two main electricity distribution companies (Discos) in the state – Eko Electricity Distribution Company (EKEDC) and Ikeja…

An Abia State High Court sitting in Umuahia has acquitted five pro-Biafrans who had been detained since their arrest in July 2022. The judgment, delivered on Thursday by Hon. Justice A.O. Chijioke, ended the prolonged legal battle for the detainees. The counsel for the Indigenous People of Biafra (IPOB), Ifeanyi Ejiofor, confirmed the verdict during…

Bello Bodejo, President of Miyetti Allah Kautal Hore, on Thursday, prayed an Abuja High Court to order his release from the State Security Service, SSS, detention facility pending the hearing and determination of the substantive application. Bodejo, in a motion ex-parte marked: M/16976/2024 and filed by his team of lawyers led by Reuben Atabo, SAN,…

The Federal High Court sitting in Lagos on Thursday ordered the final forfeiture of a warehouse built on a landed property measuring 1.925 hectares of land along the Lagos/Ibadan expressway in Magboro, Obafemi Owode Local Government Area of Ogun State. The court also ordered the permanent forfeiture of 54 general purpose steel containers. Justice Deinde…

United Nigeria Airlines has stated that its flight, originally scheduled to take off on Thursday, December 19, at 6 am from Lagos to Asaba, was disrupted after an ‘unruly’ passenger physically assaulted one of its crew members. The airline said in a statement that the commotion caused by the passenger on board, just before the…

A high court in Kano State has awarded Lamash Properties Limited damages amounting to N8,511,000,000 against the Kano State Government. This judgment follows the demolition of properties owned by Lamash Properties, carried out on the orders of Governor Abba Kabir Yusuf. In addition to the damages, the court ordered the defendants—which include the Kano State…

As Christmas approaches, airfare to Southeast states in Nigeria has surged to unprecedented levels, with return tickets exceeding N700,000 on some routes. The steep fares are impacting travelers heading to predominantly Christian states like Anambra, Enugu, Imo, and the South-South state of Rivers, where festive celebrations are a yearly tradition. LEADERSHIP’s survey of airline websites,…

*Police Begin Investigations Into ATM Card Swap In Anambra A visually-impaired widow in Anambra State has fallen victim t a yet-to-be-identified woman who allegedly stole her Automated Teller Machine card and emptied her account of over N2 million within minutes. The incident reportedly took place over the weekend at an United Bank for Africa (UBA)…