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On Monday, Judge Robin Knowles of the Business and Property Court in London delivered a landmark victory to the Federal Government of Nigeria, nullifying a $9.6 billion arbitral award made in 2017 in favor of the Process & Industry Development (P&ID) Limited. Attorney General of the Federation...
In a significant legal development, the Business and Property Court in London ruled in favor of Nigeria, bringing an end to the $11 billion lawsuit filed by Process & Industrial Developments (P&ID) Ltd against the federal government of Nigeria. The judgment was delivered by Judge Robin Knowles...
In an effort to uphold the integrity of physical planning regulations in Lagos, the Commissioner for Physical Planning and Urban Development, Oluyinka Olumide, has sent a resounding message to property owners and developers. He strongly advises them to acquire proper planning licenses before...
Nigeria
Lagos State Government Seals Alaba International Market Over Waste Disposal Failures and Outstanding Bills
The Lagos State Government has taken action against the Alaba International Market due to various infractions, particularly concerning waste disposal and sanitation. The Commissioner for Environment, Tokunbo Wahab, announced the closure in a tweet, stating that it was a result of poor waste...
The exchange rate between the Nigerian naira and the United States dollar opened the trading week with a lot of chatter in the financial circles. As Nairametrics reported, the rate began at N1,200/$1 on peer-to-peer (P2P) platforms, setting the tone for an eventful week. However, as noon...
The highest court in Nigeria, the Supreme Court, has entered a crucial phase in the legal battle following the presidential election, with judgment reserved on an appeal filed by Atiku Abubakar and the Peoples Democratic Party (PDP). This decision comes after the Presidential Election Petition...
The White Witches and Wizards of Nigeria have made predictions concerning the upcoming off-season gubernatorial elections in Imo, Kogi, and Bayelsa states. The group's spokesperson, Okhue Iboi, warned several prominent politicians about the election outcomes. In Imo, the White Witches predict a...
The Supreme Court has rejected the Allied Peoples Movement's (APM) appeal against the nomination of Kashim Shettima as the All Progressives Congress (APC) Vice Presidential candidate in the recent presidential election. A seven-member panel, led by Justice John Okoro, dismissed the appeal after...
The Supreme Court is faced with a significant challenge in the case brought by Atiku Abubakar, the Presidential Candidate of the Peoples Democratic Party (PDP), against President Bola Tinubu's election victory. At the heart of the matter is President Tinubu's certificate, with conflicting...
The Supreme Court of Nigeria has constituted a panel to review all appeals related to the 2023 Presidential Election. These appeals challenge the Independent National Electoral Commission (INEC) and the All Progressives Congress (APC), and dispute the election of President Bola Ahmed Tinubu and...
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