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Justice, Ekwo from the Federal High Court, Abuja, has mandated a woman of businessman Aisha Achimugu to appear before the Economic and Financial Crime Commission (EFCC) to be questioned on Tuesday during the day, in connection with an ongoing investigation. In his decision on Monday, Judge Ekwo further directed EFCC to bring Achimugu back to court on Wednesday to provide …

The administrator of the State of Rivers, the deputy admiral Ibas Ibas Ibas he urged to embody the conduct, dedication and commitment exemplary for national development. He gave the position on Sunday to the permanent orientation field of NYSC, Nonwa-Gbam, Tai LGA, while chairing the oath of 2025 Batch to Stream The members lined up in the state of sparrows. …

The equity market began this week with a positive record on Monday, April 28, 2025, when investors received ₦ 229 billion at the end of the trade session. This follows the surge in stock prices from Stocks International Brewers (Intbrew); Legend Internet (Legendint) and Cadbury Nigeria (Cadbury), among others, on the trading floor. After five hours of trading in the …

In an effort to foster a smooth intra-African trade, financial inclusion, and operational efficiency for Nigerians involved in cross-border payments in Africa, the Nigerian central bank (CBN) has announced a significant review of the documentation requirements for transactions through the Pan-African Payment & Settlement System (PAPSS) in Nigeria. This was announced in a circular dated April 28, 2025 by Bank …

[Press Release] The Federal Government is destined to pay the five -month suspended arrears N35.000 for the employees of the Federal Government. The General Accounting Office of the Federation (OAGF) made this known in a declaration issued on the day of Mo, on April 28, 2025, in Abuja. The OAGF explained that the Federal Government had previously paid five months …

The Federal High Court in Abuja has rejected the N1 billion lawsuit filed against former President Muhammadu Buhari and former Governor of the Central Bank Nigeria (CBN), Godwin Emefiele, regarding the controversial Naira 2023 re -design policy. The lawsuit, filed by the legal practitioner Uthman Isa Tochukwu, accused that the policy caused great difficulties and violated its fundamental rights to …

The Nigerian stock market opened the week with a bullish note on Monday, earning N228 billion on Nigerian Exchange Ltd. Market capitalization has increased by N228 billion or 0.34 percent and closed to N66,693 trillion compared to the Friday figure of N66,465 trillion. Likewise, the All-Share index (ASI) rose by 363.57 points or 0.34 percent, reaching 106,116.18 from 105,752.61 recorded …

The Nigerian currency, Naira, declined against the US dollar on the official market on Monday, April 28, 2025. According to Nigerian central bank data (CBN), Naira declined to N1, 599.94/$ 1 compared to N1.599.54/$ 1 traded on Friday, April 25, 2025. This is the loss of N0.40 for local currencies. In the black market, Naira lost N5 to be traded …

The power came out through Spain and Portugal on Monday, cutting trains, cell phones and internet networks, clogging the streets and trapping people in elevators before electricity began to return to some areas later. The Spanish Prime Minister Pedro Sanchez declared after an emergency government meeting on the situation, “we have no conclusive information on the reasons for this interruption”. …

Judge Slyvanius Orji from the Federal Capital High Court (FCT) on Monday was postponed until June 2, the trial of the former Governor of the State Taraba, Darius Ishaku, for alleged N27 billion fraud. . The Economic and Financial Crime Commission (EFCC) charged Ishaku along with a former permanent secretary, bureau for local governments and school principals in the state, …