Tag: nigerian energy

A Federal High Court in Abuja, on Friday reserved judgment in a suit filed by Rivers House of Assembly led by Mr Martin Amaewhule, seeking to stop all allocations to the state. Justice Joyce Abdulmalik adjourned the judgment to a date that would be communicated to parties after the lawyers to the plaintiffs and the…

Federal High Court in Kano has sacked all 44 chairmanship and councillorship candidates of the New Nigeria Peoples Party (NNPP) for Saturday’s local government elections. The ruling was delivered on Friday by Justice Simon Amobeda following a case filed by Engineer Muhammad Babayo and a faction of the NNPP against the party’s leadership. Justice Amobeda…

A Magistrate Court sitting in Owerri on Wednesday has denied the bail application of the activist, Chinonso Uba, known as Nonsonkwa, who was remanded at the Owerri Correctional facility for his alleged involvement in cyberstalking, conspiracy, and character defamation among others. The charges against him filed by N.S. Onwochie, Esq., Legal Prosecution Officer representing the…

An Ekiti State High Court, Ado Ekiti Division, has ordered the deposition of the Oluloro of Iloro Ekiti, Oba Femi Olugbesoye, over non-compliance with the native law and custom as regards coronation rites. The Ekiti State Executive Council approved the appointment of Olugbesoye as the Oluloro of Iloro Ekiti on December 21, 2019. The judge,…

Justice Joyce Abdulmalik of the Federal High Court in Abuja has dismissed the request by the Rivers State Government to stay proceedings in a suit seeking to stop the allocation of funds to all the local government areas of Rivers State. The Judge held that the request by the Rivers State Government was frivolous. The…

An Edo State High Court sitting in Benin City, on Friday, discharged and acquitted a Lecturer with the University of Benin (UNIBEN), Dr. Omowumi Labode Steven, who was standing trial for alleged sexual assault on a female student of the University. Dr. Steven, popularly known as ‘Dr. Bode Steve Ekundayo’, a Senior Lecturer in the…

Falana & Falana’s Chambers, a prominent Nigerian law firm, has requested the Chief Judge of the Federal High Court, Honourable Justice John Tsoho, to reassign a case filed against the Rivers State House of Assembly and others to a judge in the Port Harcourt Judicial Division of the Federal High Court. The case, with suit…

The Kano State High Court granted the Kano State Independent Electoral Commission (KANSIEC) the authority to proceed with the local government elections scheduled for Saturday, nullifying all attempts by political parties to stop the exercise. Justice Sanusi Ma’aji, presiding over the case, ruled that KANSIEC is empowered by the Constitution to conduct, supervise, and oversee…

The International Monetary Fund (IMF) has clarified that it played no role in the decision by the President Bola Tinubu administration to remove fuel subsidies in Nigeria. The clarification was made during a press conference at the IMF and World Bank Annual Meetings in Washington DC. Abebe Selassie, IMF’s African Region Director, emphasized that the…

Stephen Gana, the 10th prosecution witness has disclosed that a company owned by a Central Bank of Nigeria (CBN) staff member was awarded a N99.9 million contract without undergoing a competitive bidding process. The witness, who served as the head of CBN’s Procurement Office during the tenure of Godwin Emefiele, the former Governor of CBN,…

Starlink, the satellite internet service owned by billionaire Elon Musk, has announced a temporary suspension of its recent price hike for Nigerian subscribers, attributing the decision to “regulatory challenges.” Last month, Starlink raised its monthly subscription fee for the standard residential package from N38,000 to N75,000, a 97.37% increase, and hiked its hardware cost from…

FirstBank has reassured its customers that the upcoming transition to a new cloud-based procurement and financial platform, scheduled for Saturday, October 26, will not affect their banking services. While the lender, which serves over 42 million customers, previously acknowledged that the migration may result in temporary service disruptions, these disruptions will specifically impact vendors, not…

The Akanu Ibiam International Airport in Enugu, the only facility servicing international flights in Nigeria’s South-east region, may face its third closure as the federal government considers shutting it down for runway rehabilitation. The move, aimed at ensuring the safety of air travelers, has raised concerns about its impact on the movement of people in…

The Nigeria Civil Aviation Authority (NCAA) has asserted that passengers can claim up to $1,000 for missing luggage on domestic flights, as well as 1,288 Special Drawing Rights (SDR) for international flights. The Director of Public Affairs and Consumer Protection, Michael Achimugu, who disclosed this during a press conference yesterday in Abuja, explained that the…

The Central Bank of Nigeria (CBN) has dismissed reports suggesting that the old N200, N500, and N1,000 banknotes will cease to be legal tender on December 31, 2024. In an official statement issued on October 24, 2024, and signed by Sidi Ali Hakama, the Acting Director of Corporate Communications, the CBN clarified that these claims…

BRICS has officially expanded its alliance, adding 13 new nations as partner countries, though not as full members. The announcement was made during the BRICS summit held in Kazan, Russia, from October 22 to 24, 2024. The countries are Algeria, Belarus, Bolivia, Cuba, Indonesia, Kazakhstan, Malaysia, Nigeria, Thailand, Turkey, Uganda, Uzbekistan, and Vietnam. With the…

A Federal High Court in Abuja, on Thursday, adjourned hearing in an alleged contempt case filed by the reinstated Deputy Governor of Edo State, Philip Shaibu, against Godwins Omobayo, over alleged refusal to obey court judgment of 4 November. Justice James Omotosho rescheduled the date after the court granted Mr Shaibu’s motion ex-parte seeking an…

An Abuja High Court on Thursday admitted a former deputy director of the Joint Admissions and Matriculation Board, Yisa Usman, to administrative bail. The police charged Mr Usman with character assassination and giving false information to a public servant. Justice H.A. Musa granted him bail after he took his plea, and the prosecution also asked…

THE regulatory arm of the Nigerian Exchange Group (NXG), has suspended the trading of Oando Plc’s shares on the exchange floor for non-compliance with regulatory rules. The suspension takes effect from Thursday, October 24, according to NGX Regulation Limited (NGX RegCo), a wholly-owned subsidiary of the NGX Group. It said Oando, an indigenous oil firm,…

The Federal Government has charged nine individuals and an online news platform with disseminating false information, defamation, and inciting public fear over a report claiming the Department of State Services (DSS) had besieged the National Assembly to facilitate the impeachment of Senate President Godswill Akpabio. The alleged incident was reported to have taken place on…