Governor Sanwo-Olu who spoke at the ongoing Justice Reform Summit organised by Lagos State Judiciary with the theme: “Enhancing the Administration of Justice for Economic Growth, Investment Protection and Security in Lagos”, explained that it was a legal anomaly for the FG to join Lagos in the Supreme Court matter, […]
Business
Another court orders eviction of Sanusi
A Federal High Court sitting in Kano has ordered the eviction of the reinstated Emir of Kano, Muhammadu Sanusi II, from Gidan Rumfa Palace. Justice S. A. Amobeda who gave the ruling on Tuesday, May 28, said he made the decision in the interest of justice and maintenance of […]
Naira Appreciates To ₦1,500/$ In Parallel Market
According to recent data from financial markets, the Nigerian Naira appreciated significantly yesterday in both the parallel market and the Nigerian Autonomous Foreign Exchange Market (NAFEM). In the parallel market, the Naira strengthened to ₦1,500 per US dollar, up from N1,525 on Monday. This improvement in value reflects a significant recovery, easing […]
Paystack And Piggyvest Acquire Brass Bank & Fire CEO
Nigerian digital bank for small businesses, Brass, has been acquired by an investment group led by Paystack. PiggyVest, Ventures Platform, P1 Ventures, and angel investors, Olumide Soyombo and Oo Nwoye complete the group. This acquisition will see the company’s co-founders, Sola Akindolu and Emmanuel Okeke, exit the business. This acquisition […]
Minimum Wage Committee Meeting Postponed Indefinitely
The Tripartite committee on minimum wage has postponed its meeting “sine die”, sources familiar with the matter told our correspondent in Abuja on Tuesday. According to Merriam-Webster dictionary, sine die means a situation, “without any future date being designated (as for resumption): indefinitely.” Legal choices, a law website also describes […]
Lack Of Funds Responsible For Delay In Appointing Ambassadors
The Minister of Foreign Affairs, Amb. Yusuf Tuggar, has said the paucity of funds is responsible for the delay in appointing ambassadors for Nigeria. The minister who disclosed this during the ministerial sectoral briefing on Tuesday in Abuja, said President Bola Ahmed Tinubu’s administration was facing a significant financial and […]
Naira Down To N1,525/$ In Parallel Market
The Naira yesterday depreciated in the parallel market to N1,525 per dollar from N1,520 per dollar last weekend. However, the Naira appreciated to N1,339.33 per dollar in the Nigerian Autonomous Foreign Exchange Market, NAFEM. Data from FMDQ showed that the indicative exchange rate for NAFEM fell to N1,339.33 per dollar from […]
Asana Launches in Nigeria to Revolutionize Workflows with AI
Asana, the leading enterprise work management platform has announced its official launch in Lagos, Nigeria. The event, themed “Future-Proofing Nigerian Workflows: AI That Works,” will take place in the first week of June in Ikoyi, Lagos. According to the promoters of the brand in Nigeria, the event is set to usher in a new era of […]
BATN Foundation Reinforces Sustainable Agriculture, Rural Development
The British American Tobacco Nigeria Foundation (BATN), has commemorated its 20th anniversary, where it acknowledged its outstanding efforts in promoting sustainable agriculture and bolstering rural development through impactful initiatives across multiple sectors. The anniversary event, held recently in Lagos, brought together stakeholders, partners, and beneficiaries to reflect on the Foundation’s journey and accomplishments. Established in November 2002, the BATN Foundation has […]
Home delivery of Nigerian passport service set to launch in June
Olubunmi Tunji-Ojo, the minister of interior, announced that the Nigerian Immigration Service (NIS) will commence home delivery of passports starting June. Tunji-Ojo disclosed this on May 24 during his inspection of the electronic gates at the new terminal of the Nnamdi Azikiwe International Airport in Abuja. Read also: How to apply […]