Justice Taiwo Taiwo of the Federal High Court sitting in Ado-Ekiti on Monday fixed December 2 for judgement on the freezing of Governor Ayo Fayose’s Zenith Bank accounts by the EFCC.
Taiwo’s order followed the adoption of written addresses and other evidences by parties involved in the suit.
Fayose’s two bank accounts domiciled with Zenith Bank Plc, Ado-Ekiti were on June 20 frozen by the EFCC.
Fayose, through his lawyer, Mr. Mike Ozekhome, approached the court for an order ordering EFCC, the first […]
Africa’s richest woman and Chief Executive of Rose of Sharon Foundation, Mrs Folorunsho Alakija, has described the current economic downturn, which has formed major discourse in public fora, as the price that Nigerians need to pay to get the desired change.
Mrs Alakija said this on Thursday at the 2016 Excellence in Leadership Conference organised by Daystar Christian Centre.
Alakija, who was a guest speaker at the event, which had as if there ‘maximize your influence, said apart from Nigerians looking unto […]
According to reports, the Sen. Ali Modu Sheriff-led faction of the Peoples Democratic Party (PDP) has described the emergence of Mr Jimoh Ibrahim as Ondo State’s governorship candidate for the party as victory for the rule of law.
The faction of the PDP made the observation in a statement signed by its acting National Publicity Secretary, Mr Bernard Mikko, on Thursday in Abuja.
Mikko also discribed the recognition of the candidature of Ibrahim by the Independent National Electoral Commission (INEC) as victory […]
A Federal High Court in Lagos has fixed December 12, 2016 to decide whether or not to transfer a suit filed by wanted Niger Delta ex-militant leader, Government Ekpemupolo, alias Tompolo, against the Federal Government to the Court of Appeal.
Justice Mojisola Olatoregun fixed the date after entertaining arguments from the parties on Tuesday.
Tompolo, who is wanted by the Economic and Financial Crimes Commission for an alleged N49.5bn fraud, sued the Federal Government through his lawyer, Mr. Ebun-Olu Adegboruwa.
He is seeking […]
In its relentless efforts to boost liquidity in the foreign exchange (forex) market, the Central Bank of Nigeria (CBN) has amended its forex rule to accommodate portfolio investment by Nigerians who import hard currency through an authorized channel.
A circular by the acting Director of the apex bank in charge of Trade & Investment, W D Gotring , to all authorized dealers and general public on Friday, states that “In the continued effort to encourage portfolio investment in Nigeria, resident Nigerian […]
The Abuja Federal High Court will on Thursday hear the motion for stay of execution in the judgment of the court that removed Abia State Governor, Okezie Ikpeazu, from office.
The motion praying the court to stay the judgment was filed by Ikpeazu through his counsel, Wole Olanipekun (SAN), who led other senior lawyers.
Meanwhile, the matter may take a violent turn as Ukwa Ngwa Youths under the aegis of Supreme Council of Ukwa-Ngwa Youths have threatened to make the state ungovernable […]
Abia state Governor-elect, Dr. Uche Ogah, has described as an affront on the rule of law, the refusal of the state’s Chief Judge, Theresa Uzoukwu, to swear him in as the duly-elected governor of the state.
Describing the action as capable of undermining the peace and stability of the state, Ogah contended that the stay of execution of the valid order of the Federal High court procured by the embattled governor, Dr Okezie Ikpeazu is only a black-market injunction that has […]
President Muhammadu Buhari on Friday urged senior military officers to respect rule of law and human rights in the service to the nation.
The President made the call at the graduation of Senior Course 38 at the Armed Forces Command and Staff College Jaji, Kaduna.
According to him, the military must uphold highest standard of conduct vis-a-vis character, integrity, excellence, service and team work expected of military professionals.
Buhari said: “You must therefore carry along these values and virtues wherever you find yourself.”
The acting Inspector General of Police, IGP, Ibrahim Idris, has said that the Nigeria Police Force will be guided by the international core values of policing with integrity, and rule of law.
The acting IGP, who stated this while at the Force headquarters in Abuja, at the handover ceremony between himself and the former IGP, Solomon Arase, also pledged to ensure that the Nigeria police, under his leadership, operate within the principles of democratic policing, with focus on integrity and accountability.