Visible Articles 5 10 15

Court adjourns trial of Chinese nationals to March 5

Trial of some Chinese nationals, apprehended in December by the Economic and Financial Crimes Commission, EFCC, for employing Nigerian youths on identity theft and cybercrime activities suffers set back, yesterday, as defendants reject an interpreter.

Court to hear breach of contract suit against Virgin Atlantic Airways Feb 27

A Federal High Court sitting in Lagos, yesterday, adjourned till February 27, 2025, to the hear the suit by a security expert,  Ahmed Rabiu, against Virgin Atlantic Airways over allegations of breach of contract and the loss of his luggage on board its London to Lagos flight on September 24, 2024.

Anambra 2025: Veteran aspirants move to stop Soludo with APC

With the date for the Anambra State governorship election fixed for November 8, 2025,  horse trading has already begun among politicians that have declared interest in taking over Governor Chukwuma Soludo’s job by March 17, 2026. 

Foreign portfolio investments increase 126.8% to N396.4bn

By Peter Egwuatu Foreign Portfolio Investments, FPIs, inflows through the Nigerian stock market grew by 126.8 % at the end of December 2024 to N396.41 billion from N174.82 billion in the full year 2023. Investment analysts have attributed the development to the monetary policy regime of the Central Bank of Nigeria, CBN, which pushed up interest […]

Kogi opposition leader, Okai urges Gov Ododo to curb accountant general’s powers

Kogi State opposition leader and human rights advocate, Comrade Usman Okai, has called on Governor Usman Ododo to curb what he describes as the “unchecked and excessive powers” of the state’s Accountant General, Dr. Habiba Onumoko. In a statement on Tuesday, Okai accused Onumoko of overstepping her constitutional role, alleging financial mismanagement and undue interference […]

Banks’ borrowing from CBN rises 395% to N4.7trn

By Elizabeth Adegbesan Banks’ borrowing from the  Central Bank of Nigeria, CBN, rose sharply by 395.2 percent week-on-week (WoW) to N4.72 trillion last week from N953.11 billion the previous week. The CBN has two short term lending windows for banks namely the      Standing Lending Facility (SLF) and Repo lending. The banks resort to these […]

CAP’s profit rises 69%  to N2.64bn in 2024

By Elizabeth Adegbesan   Chemical and Allied Products (CAP) Plc, a manufacturer and distributor of paints and coatings, said it recorded a 69 percent year-on-year, YoY, rise  in its Profit After Tax (PAT) to N2.64 billion in 2024. This was contained in its unaudited financial results for the fiscal year ending December 31, 2024.   The company also […]

Exit mobile version