The Nigerian Senate has defended its decision to purchase 2023 model Toyota Land Cruisers for its members at a contract price of around N160 million each. This move has sparked controversy and criticism from the public due to the high cost of living and economic challenges facing many Nigerians...
The House of Representatives is set to invite Central Bank of Nigeria (CBN) Governor Olayemi Cardoso to clarify the recent policy changes that lifted the forex restriction on 43 items. This decision comes in response to a motion of urgent public importance raised by member Sada Soli, who...
A United States District Court has rejected a Freedom of Information Act (FOIA) lawsuit aimed at compelling various US law enforcement agencies, including the CIA and FBI, to expedite the release of confidential information related to Nigerian President Bola Tinubu. The case was brought by Aaron...
In an announcement that holds significant promise for Nigeria's economic landscape, the Minister of Finance and Coordinating Minister for the Economy, Wale Edun, has revealed that the country is poised to receive a substantial forex inflow of $10 billion in the near future. He made this...
President Bola Tinubu has confirmed the commencement of the student loan scheme he approved on June 12, 2023, starting in January 2024. This announcement came during his opening address at the 29th session of the annual Nigeria Economic Summit, held at the Transcorp Hilton in Abuja. President...
The Federal Executive Council has given its nod to a $3.45 billion loan application to finance five key projects aimed at bolstering various sectors in Nigeria. These projects include initiatives in the power sector, renewable energy, states’ resource mobilization programs, an adolescent girls'...
In the ongoing presidential dispute, President Bola Tinubu, the All Progressives Congress (APC), and the Independent National Electoral Commission (INEC) made their case to the Supreme Court, arguing against the admissibility of documents relating to Alhaji Atiku Abubakar's certificate from...
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...
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 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...
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