Tinubu moves to stop order directing release of his academic records
President Bola Tinubu has filed a motion seeking to stop Chicago State University (CSU) from releasing his academic records to Atiku Abubakar, presidential candidate of the Peoples Democratic Party (PDP). A United States District Court for the Northern District of Illinois had on Tuesday ordered CSU to produce relevant documents showing the academic […]
Atiku to s’court: Disparaging words used by tribunal showed it was biased
Atiku Abubakar, candidate of the Peoples Democratic Party (PDP), says the “disparaging words” used by the presidential election petitions tribunal when it upheld the victory of President Bola Tinubu were signs that it was biased against him and his party. Abubakar said the tribunal failed to take into cognisance the “doctrine of legitimate […]
PenCom: Pension assets hit N17trn in July despite economic challenges
The National Pension Commission (PenCom) says pension assets increased to N17.07 trillion at the end of July 2023. Aisha Dahir-Umar, director-general of PenCom, disclosed this at a sensitisation conference for civil society organisations (CSOs) in Abuja. Speaking at the event, Dahir-Umar said pension assets recorded a significant increase of N2.08 trillion, rising from […]
Report: Hedge funds troop to oil market, project price increase to $100 a barrel
Hedge funds are piling into the oil market, betting that prices will soon exceed $100 a barrel, the Financial Times (FT) is reporting. Hedge funds pool money from investors and invest in securities or other types of investments with the goal of getting positive returns. On September 5, 2023, Saudi Arabia and […]
‘ I’m sorry’ — Phillip Shaibu begs Obaseki for forgiveness
Philip Shaibu, the deputy governor of Edo, has asked Godwin Obaseki, his principal, for forgiveness over “wrongdoings he may not be aware of”. Over the past few weeks, Obaseki and Shaibu have been at loggerheads over issues relating to the alleged impeachment plot against the deputy governor. In August, Obaseki accused Shaibu […]
Tinubu to Guterres: Human rights advocacy shielding criminals | We’ll now be aggressive
President Bola Tinubu says Nigeria will no longer tolerate injustice from wealthy nations masked as human rights advocacy. According to a statement issued on Thursday by Ajuri Ngelale, presidential spokesperson, Tinubu spoke during a meeting with António Guterres, United Nations (UN) secretary-general, in his office at the organisation’s headquarters in New York, United […]
UNGA: Ghana president demands reparations to Africa for slave trade
Ghanaian President Nana Akufo-Addo has demanded reparations to African nations for the transatlantic slave trade. Akufo-Addo spoke on Wednesday at the 78th session of the United Nations General Assembly in New York, US. The Ghanaian president said US and Europe’s wealth was built on the “blood and horrors of the transatlantic slave […]
‘New date will be communicated’ — CBN postpones MPC meeting
The Central Bank of Nigeria has postponed its forthcoming monetary policy committee (MPC) meeting. The meeting was initially scheduled for September 25 and 26, 2023. In a statement on Thursday, Isa AbdulMumin, the bank’s director of corporate communications, said a new date would be communicated in due time. The apex bank, […]
PHOTOS: Ex-Honeywell workers protest ‘gratuity deduction’ by Flour Mills of Nigeria
The former workers of Honeywell Flour Mills (HFM) Plc, on Thursday, embarked on a peaceful demonstration over the decision of Flour Mills of Nigeria (FMN) Plc to deduct gratuity from their severance package. The protest took place at the company’s Tincan office, as the ex-workers brandished placards reading, “our gratuity deductions a daylight […]
Tribunal affirms Peter Mbah as Enugu governor
The Enugu state governorship election petition tribunal has affirmed Peter Mbah as the duly elected governor of the state. Delivering judgment on Thursday, a three-member panel of the tribunal led by Kudirat Akano, dismissed the petition filed by Chijioke Edeoga, candidate of the Labour Party (LP). The Independent National Electoral Commission (INEC) […]