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Asset forfeiture: Court strikes out EFCC’s suit against Yahaya Bello, dismisses interim order

A Federal High Court sitting inLagos, on Wednesday, struck out an interim order of forfeiture obtained by the Economic and Financial Crimes Commission, EFCC, seeking to seize 14 properties allegedly linked to Governor Yahaya Bello of Kogi State. Justice Nicholas Oweibo struck out the suit on the ground that Section 308 of the 1999 Constitution […]

Blue Economy can generate 350 Million Jobs, says Jamoh

The Director-General of Nigerians Maritime Administration and Safety Agency (NIMASA), Dr. Bashir Jamoh, has projected that the Blue Economy is capable of generating 350 million jobs for Nigeria if adequately harnessed. Dr. Jamoh was unhappy that the maritime sector had been underutilized in Nigeria, describing the situation as ‘sea-blindness’. Jamoh who disclosed this on Monday […]

NDIC commences verification of insured depositors of defunct Peak Merchant Bank

In line with its mandate of deposit guaranty and reimbursement of depositors in the event of bank failure, the Nigeria Deposit Insurance corporation (NDIC) has commenced verification of insured depositors of Peak Merchant Bank in-liquidation towards payment of their insured sums. According to a release signed by the Director, Communication and Public Affairs, NDIC, Bashir […]

BREAKING: Appeal Court Chief Judge orders relocation of Ebonyi election petition tribunal to Abuja

Chief Judge of the Court of Appeal, Monica Mensem, has directed that the Ebonyi State Election Petition Tribunal be relocated to Abuja immediately. The Secretary of the tribunal, Nyior Sekulla announced this in Abakaliki on Wednesday, April 26, 2023. Following the directive according to him, the election petition Tribunal office at the Ebonyi State Judiciary […]