Tag: nigerian energy

Following a discreet trailing, the Monitoring Unit of the Nigeria Police Force, Oyo Base, Durbar, Oyo State, has nabbed and arraigned a suspected fake lawyer identified as Lukman Olayiwola, (38). He was arraigned before Magistrate S.T. Tolani-Balogun at Court No 2, Oyo on Wednesday, August 14. The accused person was, however, granted bail after pleading…

A Jos Magistrates’ Court on Wednesday sentenced a 24-year old panel beater, Bitrus Atu to two years imprisonment for unlawful possession of a pistol and smoking of hemp. The Magistrate, Mr Shawomi Bokkos, summarily tried and sentenced Atu after he pleaded guilty the crime. The magistrate did not give the convict an option of fine,…

President Bola Tinubu, on Wednesday, approved the implementation of zero percent import duty and exemption of value-added tax (VAT) on basic food items. This is according to a circular seen by BusinessDay on Wednesday. “This is to confirm that His Excellency, Mr. President has approved the implementation of Zero percent duty rate (0 percent) and…

The Federal High Court sitting in Lagos on Wednesday ordered an interim forfeiture of the sums of N190,277,634.2 million and $70,811.48, allegedly stolen from First Bank of Nigeria (FBN) by one of its staff, Muiz Tijani Adeyinka. Justice Akintayo Aluko, who granted the order following an ex-parte application by the Economic and Financial Crimes Commission…

Nigeria’s leading financial institution, Guaranty Trust Bank (GTBank), appears to have fallen victim to a cyberattack, with its domain address (gtbank.com) inaccessible as of Wednesday night. The incident occurred just a day after the domain name was renewed for another five years, from August 13, 2024, through March 21, 2029, according to multiple domain analysis…

*Argues Lack of Funding Hampers NDPC’s Ability to Protect Citizens’ Data Privacy Nigerian lawyer and privacy professional Olumide Babalola has filed a fundamental rights enforcement suit against the federal government over the non-funding of the Nigeria Data Protection Commission (NDPC). In the suit FHC/LF/41/2024 filed at the Federal High Court in Lafia, Nasarawa State, Babalola…

Justice Peter Lifu of the Federal High Court, Abuja has refused to compel the famous Loyola Jesuit College, Abuja to admit an admission-seeking applicant, Master Aondo Terdoo Caleb as a student of the College. Rather, the Judge invoked Order 26 Rule 8 of the Court to direct the authorities of the College and the Federal…

The Federal High Court in Abuja has granted an interim freezing order against several accounts in Fair Money Micro-finance Bank Ltd, Palm Pay Limited, and Opay Digital Services Limited. The court mandated these organizations to reverse N139,630,000 credited to some of their customers’ accounts as a result of a “system glitch” at TAJ Bank Ltd.…

The Dangote Industries Limited (DIL) has said that it has not fixed its fuel price contrary to a publication that “marketers project N600/litre for Dangote Petrol.’ The Group Chief Branding and Communications Officer, DIL, Anthony Chiejina, in a statement titled: ‘We have not fixed fuel price,’ on Tuesday also said DIL has not authorized the…

A 33-year-old cleaner, Charles Sunday, was arraigned on Tuesday before the Ebute-Metta Magistrate Court in Lagos for allegedly stealing a gold chain and other items valued at N3.250,000 from his employer. Sunday, who resides at No. 15, Orchid Road, Eleganza, Lekki, is facing a charge of stealing. The Police Prosecutor, Inspector Cyriacus Osuji, told the…

*Kyari Urges Military To Sustain Onslaught Against Crude Oil Theft The Nigerian National Petroleum Company Limited (NNPC Ltd) has said that 63 illegal refineries and 19 illegal pipelines connections were discovered in Bayelsa, Akwa Ibom, Delta, Rivers and Imo states within one week. It explained that a total of 177 cases were reported by several…

The CEO, MTN Nigeria, Karl Toriola, has said the telecom sector in Nigeria is now in an intensive care unit (ICU) gasping for breath. Speaking virtually at a hybrid telecom investment forum organised by FDC on Tuesday in Lagos, he said there’s an urgent need to rescue the sector from collapse. Toriola, who differed with…

A Court of Appeal sitting in Abuja, on Tuesday, affirmed Senator Muhammad Danjuma Goje as a lawful member of the All Progressives Congress (APC) in Gombe State. The appellate court, in a judgment delivered by Justices Abba B. Mohammed, E.O. Abang and P.C. Obiora, also set aside the judgment of a Federal High Court, which…

The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has convened a high-level meeting in Abuja aimed at ensuring the full implementation of President Bola Ahmed Tinubu’s directive for the Nigerian National Petroleum Corporation Limited (NNPCL) to sell crude oil to local refineries in Naira, rather than in foreign currency. The initiative…

The Court of Appeal sitting in Akure, the Ondo State capital on Tuesday reinstated Hon. Iroju Ogundeji as the Deputy Speaker of the State’s House of Assembly, a year after he completed his tenure. In a unanimous decision, Justices Oyebisi Folayemi Omoleye, Frederick Oziakpono-Oho and Justice Yusuf Alhaji Bashir upheld the judgment of Justice Akintan…

Justice Sylvanus Oriji of the Federal Capital Territory (FCT) High Court has extended the order restricting participants in the hunger protest to the MKO Abiola Stadium, also known as the National Stadium. The judge gave the order following an application to that effect filed by Dr Ogwu Onoja, SAN, on behalf of the Minister of…

The Central Bank of Nigeria (CBN) and FBN Holdings Plc have asked a Federal High Court sitting in Lagos to dismiss a suit filed by an investment firm, Barbican Capital Ltd, over the alleged alteration of its alleged 5,386,397,202 units of shares in the bank. The plaintiff (Barbican Capital Limited), an affiliate company of Honeywell…

The Ewi of Ado Ekiti, Oba Rufus Adejugbe, has cancelled various traders’ associations in markets in Ado Ekiti, the Ekiti State capital, intending to remove their undue control of prices and ensure farmers have direct access to traders. Oba Adejugbe, who also ordered traders in the markets not to sell their foodstuff beyond stipulated prices,…

The Katsina State High Court has ruled that the management of Al-Qalam University, Katsina must issue Degree Certificates to two former students, Hauwa’u Sani Barda and Rabi’atu Sani Barda. The sisters took the university to court for withholding their degree certificates and preventing them from participating in the National Youth Service, despite successfully graduating. Presiding…

Residents of Jigawa and Yobe states are currently experiencing darkness after a moving trailer ran into Transmission Company of Nigeria, TCN, tower located in Gunduwawa in Gezawa LGA of Kano state. TCN General Manager of public affairs, Ndidi Mbah disclosed this in a statement on Monday. According to her, the incident happened on Sunday, leading…