#featured

Court of Appeal Affirms Shaibu as Edo Deputy Governor

The Abuja Court of Appeal, on Tuesday, affirmed the restoration of Philip Shaibu as Deputy Governor of Edo State. Justice James Omotosho of the Federal High Court, Abuja, on July 17 reinstated Shaibu to the post. The judge, who delivered the verdict in a suit filed by the deputy governor, declared the impeachment by the Edo State House of Representatives …

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NGX: Equity market recovers as investors gain N66 billion

The equity market on Tuesday reversed several days of trading losses with investors gaining N66 billion at the close of trade. This follows the growth in stock prices such as LEARNAFRICA, OANDO, and CUTIX among others on the trading floor. After five hours of trading in the capital market, equity capitalization rose to N54.4 trillion from N54.3 trillion recorded by …

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Falana replied to the police, saying the NLC president, Ajaero, could not fulfill the invitation, giving the desired date.

Human rights activist and lawyer, Chief Femi Falana, has responded to the Nigerian Police Force’s invitation to the President of the Nigeria Labour Congress (NLC), Comrade Joe Ajaero. Falana stated that Ajaero could not fulfill the invitation on Tuesday, August 20, 2024, due to a previous commitment. In his letter to the Inspector General of Police, Falana explained that Ajaero …

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Five years later, former CJN Onnoghen appeals suspension, appears in court

Walter Onnoghen, former Chief Justice of Nigeria (CJN) appeared in court on Tuesday at the Court of Appeal in Abuja, challenging his suspension as CJN by the Code of Conduct Tribunal (CCT) in 2019. Onnoghen seeks to quash and set aside the CCT decision rendered against him on 18 April 2019, on various grounds. In his appeal, Onnoghen argued that …

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NLC threatens nationwide strike as police summon Ajaero

The Nigeria Labour Congress (NLC) has issued a stern warning to the Nigerian Police, threatening to launch a nationwide strike if its president, Joe Ajaero, is arrested or injured. The resolution was announced by Vice President Comrade Adewale Adeyanju after an emergency meeting of the National Executive Council on Tuesday. A group of union members gathered at the NLC headquarters …

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Top 10 news stories from all newspapers in Indonesia, Tuesday, August 20, 2024

Here are the top 10 stories making headlines across the country. 1. ASUU gives Nigerian government 21-day strike notice, citing non-implementation of agreement The Academic Union of Universities (ASUU) has issued a 21-day strike notice to the Federal Government, citing non-implementation of agreements reached with the union.Read more 2. Adelabu alleges death threats over reforms in electricity sector Energy Minister …

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Naira closed flat against dollar at N1.579/$1

Nigeria’s currency, the naira, closed flat against the US dollar on Monday, August 19, 2024 to start the week with neither gains nor losses. The local currency was trading at N1,579/$1, data from the Nigerian Autonomous Foreign Exchange Market (NAFEM) showed. This is equivalent to the exchange rate of N1.579/$1 traded on Friday, August 16, 2024. The intraday high and …

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NGX: Equity market downtrend continues as investors lose N749 billion

The equity market kicked off the new trading week on a bearish note on Monday, August 19, 2024 as investors lost N746 billion by the end of the trading session. This follows the decline in stock prices such as DANGCEM, NSLTECH AFRIPRUD and others on the trading floor. After five hours of trading in the capital market, equity capitalization decreased …

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QuickRead: Abdulsalami’s committee for 2023 presidential election. Four other stories we’re watching and why they matter

The National Peace Committee (NPC) led by former head of state General Abdulsalami Abubakar last week opened itself to calls from some individuals and groups in the country to cancel the 2023 presidential election. In the same week, armed men suspected of being bandits kidnapped 20 medical students in Benue State. This story and three others we tracked dominated public …

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