• Justice Ademola arrested for granting Kanu bail, says IPOB

    Justice Ademola arrested for granting Kanu bail, says IPOB

    According to reports, the Indigenous People of Biafra (IPOB) has allegedly linked Justice Ademola’s arrest with the unconditional bail he had earlier granted Nnamdi Kanu which the Federal Government rejected.

    A statement from IPOB Media and Publicity Secretary, Emma Powerful, the group noted that Kanu has spent one year in detention illegally while the court of competent jurisdiction granted him unconditional release on 16th and 17th December 2015 by magistrate and federal high court Abuja but since then federal government, APC […]

  • CBN unveils guidelines for granting liquid asset status to Sukuk

    CBN unveils guidelines for granting liquid asset status to Sukuk

    In a related development, in view of the need to foster financial system and economic growth and development, as well as complement the efforts of government at various levels, the Central Bank of Nigeria (CBN) yesterday unveiled the guidelines for granting liquid asset status to Sukuk Instruments issued by state governments.

    The central bank stated in the document listed on its website, that the move was to enhance the diversification of sources of funding for development at the sub-national levels.

    Consequently, members […]