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Court dismisses case against CBN’s directives on bank charges

The CBN, through its counsel, Adeleke Agbola, of Cheakley Chambers, however challenged the suit on the ground that the plaintiff lacked the legal capacity to institute the suit on a policy that affects the public.

Dutch court set to deliver judgement on Shell Nigeria oil spill case

A lower court in the Netherlands found in 2013 that Shell should pay compensation for one leak, at Ikot Ada Udo, but ruled that Shell’s parent company in the Netherlands could not be held liable in a Dutch court for the actions of its Nigerian subsidiary.

Economy: Oyetola flags off juice production company in Osogbo, says govt committed to improving ease of doing business in Osun

the Timi of Ede, Oba Munirudeen Adesola Lawal, commended Governor Oyetola for being committed to socioeconomic and infrastructural development of the state since inception of his administration.

Ethereum price hits record high amid ‘Cryptocurrency Gold Rush’

Ethereum’s resurgence comes amid a market-wide bull run that has seen major gains for most major cryptocurrencies, including bitcoin and litecoin.

Nigeria’s inflation rises to 15.75%

The urban inflation rate also increased in December by 16.33 percent (year-on-year) in December 2020 from 15.47 percent recorded in November 2020, while the rural inflation rate increased by 15.20 percent in December 2020.

Elon Musk, Tesla made $40 billion in the first 10 days of 2021

Musk, at $209 billion, is worth about one percent of the GDP of the United States. If Tesla shares maintain the same 2020 rally in 2021, Musk would be worth more than the GDP of Nigeria by the end of 2021.

Loan defaulters, investors crashing Nigeria economy, AMCON

“For Arik, the airline was owing nearly N300bn. The airline was almost dead and buried before we took over,” he told our correspondent.

CBN revokes licence of 42 microfinance banks

“We therefore request that all depositors of these banks should visit the closed banks’ addresses and meet NDIC officials for the verification of their claims, commencing from Monday, 21st December, 2020 till Thursday, 24th December, 2020.”

Boeing to recruit team of 160 pilots to aid 737 Max relaunch

A smooth return to service for the 737 Max is crucial for the fortunes of Boeing, after the model was grounded from March 2019 after two crashes that killed a total of 346 people.

FAAC: FG, states, local govts share N601.110bn for November 2020

Federation Accounts Allocation Committee (FAAC) has on Wednesday, December 16, shared a total of N601.110 billion November 2020 federation account revenue...

Block all SIM cards without NIN now!—NCC tells operators

To curb the insecuity ravaging every nooks and crannies in Nigeria, Nigerian Communications Commission (NCC) has directed service providers like MTN,...

Facebook must be broken up, says the US government

Dozens of states and the federal government sued Facebook on Wednesday in twin antitrust lawsuits, alleging that the social media giant...

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EndSars: Police killed my brother, shot me three-time, petitioner tells Osun Panel

“On this fateful day, my younger brother and I went to see our cousin, one Mr Nureni at Erin-Osun. Though we didn’t meet him at home, when we called him, he asked us to wait for him. But immediately he joined us, all I heard were gunshots

Exposed: How Nigerian Army attempted to assassinate Biafran lawyer- Nnamdi Kanu

"Since the Nigerian Army and police have taken it upon themselves to assassinate IPOB lawyers and to stop IPOB from challenging them with self-evident truth in their own law courts, they will soon reap the fruit of their evil deed. We, therefore, demand the immediate release of all sex slaves in the custody of the Nigerian Army."

Bandits’ attacks have lessened since negotiations began– Sheikh Gumi

“Attacks have lessened, it is just one case we have of the Kagara boys. We have seen an absolute change in Zamfara and Sokoto States where negotiations are going on.

Abductors release Adamawa United bus driver after six days

“We thank God he has been released because something worse could have happened despite paying the ransom.”