News & Insights

Crude oil prices dropped Wednesday to $69 per barrel, representing about two percent reduction over its previous prices. Supply constraints linked to the Organisation of the Petroleum Exporting Countries’ output cuts and political tensions in the Middle East offered some support, however. Brent crude futures, the international benchmark for oil […]

The Federal Government has commenced talks with investors for the development of three hydropower plants with a combined capacity of 2,110 megawatts. It was gathered on Tuesday that the projects include the 360MW Gurara II Hydropower Plant, 750MW Lokoja Hydropower Plant and 1,000MW Makurdi Hydropower Plant. The Minister of Water […]

The Federal Government has denied social media reports that Nigeria’s assets in the United Kingdom would be seized if the $6.5 billion arbitrary award against it is not paid to a British firm over a gas deal.   The reports claimed that Nigeria’s UK assets would be seized if it […]

Candidate of the Peoples Democratic Party (PDP)in Osun State in the last governorship election held in September last year, Senator Ademola Adeleke has dragged the Inspector General of Police (IGP) to court over his arrest and detention in Abuja on May 6, 2019. Adeleke had approached the Osun State High […]

The Federal High Court sitting in Abuja, was, on Wednesday, urged to bar a top contender of the Speakership of the 9th House of Representatives, Femi Gbajabiamila from going ahead with his ambition. It was also explained that the ground for the legal position against Gbajabiamila was because he was […]

The Federal High Court, Abuja, has admitted in evidence, the final account tendered by Olisa Metuh, former National Publicity Secretary of the Peoples Democratic Party (PDP). Metuh tendered the document on Tuesday at the resumed hearing, detailing how the sum of the N400 million for which he is standing trial, […]

A 46-year-old businessman, Mr Tochi Michael, has dragged Justice Tanko Mohammed, the Acting Chief Justice of Nigeria (CJN) before an FCT High Court over alleged age falsification. In the originating summon with suit No. FCT/HC/BW/CV/79/2019, filed before the court in April, the petitioner alleged that the CJN deliberately falsified his […]

A Federal High Court sitting in Owerri on Tuesday struck out a suit seeking to stop the inauguration of the Imo State Governor-elect, Emeka Ihedioha, on May 29. In his judgment, the presiding judge, Justice P.A. Rimgim, said the plaintiff, Clifford Eze, who was the governorship candidate of the Democratic […]

Justice Chukwujeku Aneke will on Wednesday (tomorrow) hear a suit filed by former First Lady, Dame Patience Jonathan, challenging a “No Debit Order” placed on her bank accounts.   Patience had filed the suit in 2016 to challenge the order placed on four Skye Bank (now Polaris Bank Ltd) accounts […]

Justice Nasiru Saminu of the Kano State High Court sitting in Ungogo Wednesday halted the appointment and installation of four new emirs by the Kano State government, asking parties in the dispute to maintain status quo pending the determination of a suit challenging the appointments. The state high court had […]