#featured Archives

The Supreme Court stayed the ruling on David Mark’s appeal over the ADC leadership crisis

Nigeria’s Supreme Court has overturned a final decision in a high-stakes legal battle over the leadership of the African Democratic Congress (ADC), deepening uncertainty within the opposition party. The apex court, which convened in Abuja on Wednesday, postponed the decision after all parties formally received their written submissions. The five-member panel was headed by Justice Mohammed Garba. At the center …

NGX: Equity markets continue to grow rapidly as investors raised N861 billion

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Investors in the Nigerian equity market earned an additional N861 billion at the close of trading on Wednesday. This follows a surge in the prices of shares such as UAC Nigeria, Cap and Vita Foam, among others, on the stock exchange floor. The benchmark All-Share Index (ASI) index increased to 219,586.2 points from 218,249.81 points on the previous trading day. …

‘Should I be 100 years old to rule Nigeria well?’, Jonathan answered Atiku

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Former President Goodluck Jonathan has responded to comments by former Vice President Atiku Abubakar who said he was too young to lead the country. Atiku, who is running for president under the African Democratic Congress, recently described Jonathan as inexperienced, and said his tenure was marked by glaring missteps. “I know Goodluck Jonathan very well. He is a good young …

Lawyers say there was politics at play, as the Court detained el’Rufai at the ICPC until June

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The Kaduna State High Court on Tuesday adjourned until the first week of June, to rule on the bail application of former Kaduna State governor, Nasir Ahmad El-Rufai. Therefore, the former governor will remain in the custody of the Independent Corrupt Practices and Other Related Offenses Commission (ICPC) following developments. However, his lawyer, Ukpong Akpan, emphasized that the case had …

Covid-19 reappears as Cross River cases record

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Cross River on Tuesday announced that a case of Covid-19 infection has been confirmed in the state. The state’s Health Commissioner, Dr. Henry Egbe Ayuk, who was present in Calabar, said emergency response measures had been activated to contain the potential spread. He revealed that the confirmed case involved a 53-year-old Chinese expatriate who arrived in Nigeria via Lagos on …

Tinubu removes Wale Edun as finance minister, appoints Oyedele

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President Bola Tinubu has Mr Wale Edun as Minister of Finance and Coordinating Minister for the Economy. He also removed the Minister of Housing and Urban Development, Ahmed Dangiwa, in a minor reshuffle of the Federal Executive Council (FEC). The Special Adviser on Media and Publicity to the Secretary to the Government of the Federation, Yomi Odunuga, disclosed this in …

NGX: Equity markets continue to grow rapidly as investors raised N88 billion

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Investors in the Nigerian equity market earned an additional N88 billion at the close of trading on Tuesday. This follows a surge in the prices of shares such as NASCON, Union Dicon and Wapco, among others, on the stock exchange floor. The benchmark All-Share Index (ASI) index increased to 218,249.81 points from 218,113.84 points on the previous trading day. After …

JUST IN: Suspected coup plotters will be tried, as proposed by the Nigerian government

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The Federal Government has filed 13 treason charges against alleged coup plotters who allegedly planned to overthrow the recent government of President Bola Tinubu. About 40 suspects including active and retired military personnel, a police inspector, civilians and financiers, are scheduled to be tried tomorrow (Wednesday), April 22, before Justice Joyce Abdulmalik of the Federal High Court, Abuja. Those named …