Stanbic IBTC has headed to the Court of Appeal to challenge the verdict by a Lagos High Court ordering the financial institution to pay N4.5 billion to Patrick Olayele Akinkuotu and his company, Longterm Global Capital Limited for breach of […]
The proliferation of substandard products in the country has continued to generate great concern despite efforts by the Standards Organisation of Nigeria (SON) to check the menace. The recent directive given the agency by the Federal Government to reduce the […]
The National Drug Law Enforcement Agency (NDLEA) on Monday arraigned a 38-year-old woman before a Federal High Court in Lagos for drug trafficking. The accused, Alake Abdulrazaq, is standing trial on a one-count charge bordering on the offence. She, however, […]
A Senior Advocate of Nigeria, Mr Femi Falana, has asked the Economic and Financial Crimes Commission (EFCC) to investigate how $4 billion recovered from former military Head of State, General Sani Abacha was spent by the federal government. The human […]
TELECOMMUNICATION giant MTN yesterday said it took the Nigerian Communications Commission (NCC) to court over the N780billion fine imposed on it over subscriber identity (SIM) card registration infractions because of its belief in the long term sustainability of its business […]
Directive by the former finance minister Ngozi Okonjo-Iweala for the withdrawal of N1.17 billion from Sokoto Rima Basin Development Commission (SRBDC) account last year is “unacceptable,” members of the House of Representatives have said. To this end, the ad hoc […]
By Lawani Mikairu The Minister of State for Aviation, Senator Hadi Sirika yesterday directed an immediate investigation into the use of ladder by Aero Contractors Airlines to disembark passengers on its chartered flight at the Bauchi Airport on Saturday. This […]
By Innocent Anaba Lagos—A Federal High Court sitting in Lagos, has ordered Stanbic IBTC Bank Plc to pay a former Group Managing Director of Afribank Nigeria Plc, Patrick Olayele Akinkuotu and his company, Longterm Global Capital Limited the sum of […]
MTN Nigeria has urged the Federal High Court, Lagos to quash the $3.9 billion sanction imposed on it by the Nigerian Communications Commission (NCC). The action came as a lawyer, Abubakar Sani, in a separate suit, also asked a Federal […]
The Court of Appeal sitting in Benin City, the Edo State capital has nullified the election victory of Senator Ighoyota Amori in the Delta Central Senatorial District. The Peoples Democratic Party (PDP) Senator lost the seat to Ovie-omo Agege of […]