A Federal High Court in Lagos has ordered the Economic and Financial Crimes Commission (EFCC) to pay N3 million in damages to businessman Idaresit Monday Ekpo for violating his fundamental rights. Justice Deinde Dipeolu ruled that the EFCC’s prolonged confiscation of Ekpo’s international passport since 2015 was illegal, unconstitutional, and a breach of his fundamental…
The Federal Government has formally endorsed the creation of the Lagos International Financial Centre (IFC), a strategic move aimed at positioning Nigeria as a top-tier global financial hub. Speaking at a high-level engagement with EnterpriseNGR, Citi UK, and senior Lagos State Government Officials, yesterday, Minister of Finance and Coordinating Minister of the Economy Mr Wale…
Nobel Laureate, Professor Wole Soyinka has raised the alarm that slave trade is back on African soil with a one-sided ferocity, all the more obscene and blasphemous for being camouflaged as a religious mandate. He noted that “Chibok – plus its insatiable clones and enabling environment – places a searing question mark on Africa’s authentic…
Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun has commended the African Development Bank (AfDB) for its pivotal role in driving Nigeria’s economic revitalisation. He made the commendation at a high-level meeting with an AfDB delegation led by Dr. Abdul Kamara, Director General, Nigeria Country Department, who came to deepen collaboration…
The Rivers State Police Command has arrested a native doctor, and three other accomplices for the gruesome murder of two children, both seven years old for money ritual. One of the suspects, Aniekan Sunday Uko 27, residing at 2nd Pipeline, Rukpokwu had lured the victims, Chizaram Onuche and Chidinma Onuche, to his location, drugged them…
Lagos State has taken a significant step towards establishing itself as Africa’s foremost financial hub, as the Lagos Financial Centre (LIFC) received a boost from TheCityUK, a top UK-based financial institution. A strategic meeting was held between TheCityUK representatives and top Lagos State government officials, including Commissioners for Finance, Economic Budget and Planning, Commerce, and…
The landing cost of petrol/fuel has skyrocketed to N843.28 per liter according to the Major Energies Marketing Association of Nigeria (MEMAN). MEMAN in its periodic bulletin that was made available to journalists in Lagos on Wednesday, further stated that the landing cost of diesel (AGO) rose to N1,006.50k; Kerosene (ATK), N1,006.50 per litre. It added…
By Izunna Okafor, Awka No fewer than 25,000 pieces of high-quality branded six-yard uniforms have been donated to Catholic and Anglican women across the Anambra North Senatorial District, by the senator representing the district in National Assembly, distinguished Senator Tony Nwoye. The kind gesture, which comes ahead of the 2025 Mothering Sunday celebration, benefitted…
By Izunna Okafor, Awka Three people have sustained varied degrees of injuries in a multiple-vehicle accident that occurred on Wednesday morning along the Oraifite-Onitsha Road in Anambra State. According to the Spokesperson of the Federal Road Safety Corps (FRSC) Anambra State Command, RC Margaret Onobe, the crash, which happened at approximately 9:50 AM near…
The construction of Phase 2B of the access road to the Second Niger Bridge has officially commenced, marking a significant step in enhancing transportation infrastructure and regional connectivity in the Southeast. President Bola Ahmed Tinubu, GCFR, was represented at the groundbreaking ceremony by Anambra State Governor, Prof. Chukwuma Soludo, while the Minister of Works, Engr….
