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Justice Joyce Abdulmalik of the Federal High Court, Abuja, on Friday, ordered the final forfeiture of at least 20 properties linked to the convicted former Chairman of the Pension Reform Task Team (PRTT), Abdulrasheed Maina. The judge in his ruling stated that the Commission for the Eradication of Economic and Financial Crimes (KPK) had proven its case beyond a reasonable …

It has been a forgettable week for investors in the Nigerian equity market after suffering a cumulative loss of N2.75 billion in the just ended trading week. The exchange recorded losses on three of the five trading days and made profits on two trading days. Market capitalization dropped to N56.58 trillion from N56.60 trillion the previous week as the All …

Here are the top 10 stories making headlines across the country. 1. Court orders final seizure of property of convicted retired thief Maina Justice Joyce Abdulmalik of the Federal High Court, Abuja, on Friday, ordered the final seizure of at least 20 properties linked to the former Chairman of the defunct Pension Reform Task Team (PRTT), Abdulrasheed Maina. Read more …

Justice Joyce Abdulmalik of the Federal High Court, Abuja, on Friday, ordered the final forfeiture of at least 20 properties linked to the convicted former Chairman of the Pension Reform Task Team (PRTT), Abdulrasheed Maina. The judge in his ruling stated that the Commission for the Eradication of Economic and Financial Crimes (KPK) had proven its case beyond a reasonable …

Nigerian equity markets closed the week on a negative note as investors lost N23 billion at the close of trading on Friday. This follows the decline in stock prices such as UPDCREDIT, JULIUS BERGER, and IKEJA HOTEL, among others on the trading floor today. After five hours of trading in the capital market, equity capitalization plunged to N56.5 trillion from …

Labour leader Keir Starmer was officially appointed as Britain’s new Prime Minister by King Charles III in a ceremony at Buckingham Palace on Friday. A photo released by the palace captured the moment the monarch shook hands with Starmer, marking a transition after his party’s landslide victory in the general election. Earlier, King Charles had accepted the resignation of Conservative …

British Prime Minister Rishi Sunak has offered to step down as Conservative Party leader following his landslide defeat by Labour’s Keir Starmer in Thursday’s election. Sunak, who had congratulated Starmer, told reporters outside Downing Street that he would step down once a new party leader was found. “To the country, first of all I would like to express my apologies. …

As rain continues to fall on Tabernacle Road, the community’s plight underscores the broader issue of infrastructure neglect and the urgent need for effective governance and accountability. In the heart of Akwa Ibom State, a community is suffering from damaged road infrastructure as residents are forced to walk through knee-deep floodwaters after every rain. The community is Nwut Usiong Village, …

Former Kaduna State Governor Nasir El-Rufai last week sued the state House of Representatives following the lawmakers’ determination to investigate the alleged misuse of N432 billion ($1 billion) in public funds by his administration. In the same week, former Federal Commissioner for Information, Chief Edwin Clark, appealed to President Bola Tinubu to urgently address the escalating political crisis in Rivers …

Here are the top 10 stories making headlines across the country. 1. PDP insists Ighodalo as Edo governor candidate despite court ruling The Peoples Democratic Party (PDP) said on Thursday that Asue Ighodalo remains its candidate in the September 21 governorship election in Edo State.Read more 2. NLC condemns further electricity tariff hike, demands cancellation Nigerian Labour Congress (NLC) condemns …