The Nigerian equities market rebounded from last week’s massive N1.45 trillion loss as investors rallied to gain N794 billion on the trading floor last week. The bourse recorded gains in three of the five trading days as market capitalization increased to N63.6 trillion from the N62.8 trillion recorded the previous week. Similarly, the All-Share Index…
Justice Ambrose Lewis-Allagoa of the Federal High Court, Lagos, has fixed February 27 for the arraignment of Gbolahan Obanikoro, son of former Minister of State for Defence, Senator Musiliu Obanikoro, for alleged N1.3 billion fraud. The Inspector-General of Police, Kayode Egbetokun, had listed Obanikoro and four others for arraignment for alleged conspiracy, obtaining by false…
Legal expert, Afe Babalola SAN, has agreed to withdraw the cases he instituted against activist and lawyer, Dele Farotimi. This comes after a delegation led by Ooni of Ife, Oba Adeyeye Ogunwusi, paid him a visit on Sunday night, January 26. Ooni visited the elder statesman at his residence at Afe Babalola University…
Former Deputy Governor of the Central Bank of Nigeria, CBN, Kingsley Moghalu has opined that being sidelined by United States President, Donald Trump is exactly what Africa needs. The ex-CBN Deputy Governor, in a post on his X handle on Sunday, January 27, maintained that Africa needs to take its destiny into its own hands…
The legal icon, Afe Babalola (SAN), has agreed to withdraw criminal defamation and cyberbullying cases against activist lawyer Dele Farotimi. The resolution followed a midnight meeting at Afe Babalola University, Ado Ekiti (ABUAD) early on Monday, where top Yoruba monarchs led by the Ooni of Ife, Oba Adeyeye Ogunwusi, appealed to the lawyer to let…
