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On Wednesday, the Nigerian naira experienced a significant boost, appreciating against the US dollar as it closed at NGN801.10 per $1. This marks a remarkable 5.83% increase from the previous day's rate, which stood at NGN847.77/$1.
The day's forex market saw an intraday high of N891/$1 and an...
The Supreme Court has ruled on a case concerning double nomination, stating that it should not have reached the court, and there is a finality to litigation. The issue of double nomination was previously resolved in May. The court emphasized that it cannot engage in extensive explanations...
Nigeria
Supreme Court Rules Non-Transmission of Live Election Results Inconsequential in Presidential Election Outcome
The Supreme Court has ruled that the failure of the Independent National Electoral Commission (INEC) to transmit election results live via the IREV system did not impact the outcome of the presidential election, as the IREV is not a results collation system. The seven-member panel, led by...
The Supreme Court has rendered its verdict by dismissing the appeals lodged by former Vice President Atiku Abubakar. This ruling solidifies the decision of the Presidential Elections Petitions Tribunal, which had previously upheld President Bola Ahmed Tinubu's victory as the winner of the...
The Supreme Court has affirmed the ruling of the Appeal Court, stating that a presidential candidate is not required to secure a minimum of 25 percent of votes in the Federal Capital Territory (FCT) to become the President of Nigeria. Led by Justice Inyang Okoro, the panel of judges reached this...
Fidelity Bank, a leading Nigerian commercial bank, has taken a significant step by blocking consumer fund transfers to neobanks, including Moniepoint, Kuda, OPay, and PalmPay, due to growing apprehensions surrounding their Know Your Customer (KYC) procedures. This move follows increasing...
Nigeria
Supreme Court Rejects Atiku's Bid to Introduce Fresh Evidence in Presidential Election Appeal Against Tinubu
The Supreme Court has ruled against Atiku Abubakar's request to introduce new evidence in his appeal against President Bola Tinubu. Justice Inyang Okoro delivered the verdict during the hearing of appeals challenging Tinubu's victory at the Presidential Election Tribunal Court (PEPC).
Atiku had...
Presidential candidates Atiku Abubakar and Peter Obi, representing the Peoples Democratic Party (PDP) and the Labour Party, respectively, were notably absent from the Supreme Court in Abuja where judgment was to be delivered on their appeals against the election tribunal's verdict, which upheld...
Nigeria
Supreme Court Prepares for Verdict as Wike, Ganduje, and Ribadu Gather for the Presidential Election Case
Heavy security presence surrounds the Supreme Court, the venue for the presidential election judgment. Only accredited individuals and journalists are being allowed entry. Prominent figures in attendance include Alhaji Umar Ganduje, Chief of Staff to the President Femi Gbajabiamila, Minister of...
The CEO of Ethiopian Airlines, Mr. Mesfin Tasew, has shed light on the airline's involvement in the Nigeria Air project, dispelling prior speculation. Mr. Tasew explained that Ethiopian Airlines was initially reluctant but eventually agreed to partner with the Nigerian government to establish a...
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