Nigeria: Don’t Borrow From Pension Funds, NLC Warns Governors
Abuja — The Nigeria Labour Congress (NLC) has threatened to mobilise Nigerian workers in protest against the move by the state governors to borrow N17 trillion from the pension funds…
Nigeria: Examining Govt’s Move On Unclaimed Dividends
Goddy Egene writes that the plan by the federal government to set up a trust fund through the Finance Bill to manage unclaimed dividends in the nation's capital will be…
Nigeria: Malabu – ENI Gets Green Light to Subpoena Companies Over Nigerian Litigation Arrangement
The Malabu scandal involves the transfer of about $1.1 billion by oil multinationals, Shell and ENI, through the Nigerian government to accounts controlled by a former Nigerian oil minister, Dan…
Nigeria: Shareholders – Govt’s Plan to Hijack N200 Billion Unclaimed Dividends Illegal
Shareholders have said the plan by the federal government to take over the N200billion unclaimed dividends through the establishment of Unclaimed Dividend Trust Fund is unconstitutional and void to resist…
Nigeria: ENL Appeals Court Judgment On Disengaged Dockworkers
ENL Consortium, operator of Terminals C and D, Lagos Port Complex Apapa, has sought the leave of the Court of Appeal to appeal against a judgment of the National Industrial…
Nigeria: Naira Currency – Ajami Must Go
What is it that makes you a Nigerian? We have so many ethnic groups, religious affiliations, cultural diversities, geographical variations and tendencies which respectively make us unique and different from…
Nigeria: Osinbajo Backs ADR for Business Conflicts
As part of measures to attract foreign investors, the Federal Government is promoting the adoption of Alternative Dispute Resolution (ADR) and creating the necessary infrastructure which will enhance the speedy…
Nigeria: Leisure Courts Set to Roll Out Affordable Houses in Lagos
There seems to be light at the end of the tunnel for the common man in Lagos, and Nigeria as a whole, as a reputable real estate company, Leisure Courts,…
Nigeria: £2.556b Fraud Attempt – Supreme Court to Hear CBN’s Appeal Against Petro Union Tomorrow
The Supreme Court will tomorrow begin hearing on the appeal filed by the Central Bank of Nigeria (CBN) and Union Bank of Nigeria (UBN) against Petro Union Oil and Gas…
Nigeria: Halt Fresh Oil Licensing Processes – Ijaw Leaders Tell Buhari
Leaders of Ijaw communities in the Niger Delta region have restated their demand for the stoppage of the recently launched bidding processes for the allocation of oil licenses by the…
Nigeria: How Critical Online Journalism, Social Media Activism Became Cybercrime in Nigeria
On February 13, 2020, Agba Jalingo, the publisher of the online newspaper Cross River Watch, regained tentative freedom after a Federal High Court in Calabar granted him 10 million Naira…
Nigeria: We Will Report You to Buhari, Group Tells CBN Governor
The President of the Federated Commodity Association of Nigeria (FACAN), Victor Iyama, said his group will inform President Muhammadu Buhari of the grave legal and economic implications of wrongful implementation…
Nigeria: Gridlock – Why We’re Harmonizing State Traffic Laws – Lagos Assembly
As part of efforts to ease the burden of transportation in the state, the Lagos State House of Assembly has commenced process to harmonize the state's Transport Sector Reform (Amendment)…
Nigeria: Coalition Demands Safe Evacuation of Nigeria Traders From Ghana
A coalition of affected traders from all parts of Nigeria, doing businesses in Ghana has demanded for safe evacuation from Ghana of Nigeria traders whose shops and businesses have crumbled…
Nigeria: The Law and Economics of Electricity and Petroleum Prices Increase
This article by Dr Sam Amadi thoroughly examines the recent increase in electricity tariffs by the Federal Government, and the removal of the fuel subsidy which has also resulted in…
Nigeria: Kyari Seeks Separation of Roles in Oil Industry
The Group Managing Director (GMD), Nigerian National Petroleum Corporation (NNPC), Mallam Mele Kyari, has called for a clear separation of roles between industry operators and regulators in the oil and…
Nigeria: JOHESU – Minister Begs Health Workers to Call Off Strike
The Minister of Health, Osagie Ehanire, has appealed to the Joint Health Sector Unions (JOHESU) to call off their ongoing strike action in the interest of the public and the…
Nigeria: UK Court Orders P&ID to Pay Nigeria £1.5m Cost
Justice Cranston J. of the United Kingdom High Court yesterday ordered the Process and Industrial Development Limited (P&ID) to make an interim payment of more than £1.5 million to the…
Nigeria’s Rising Debt: Time Will Vindicate Buhari’s Govt – Finance Minister
With mounting criticisms over the country's rising debt stock, the Minister of Finance, Budget and National Planning, Zainab Ahmed, told PREMIUM TIMES' Business Editor, Bassey Udo, that only time will…
Nigeria: Accused of ‘Undermining’ Case Against P&ID, Shasore Gets Another Huge Arbitration Contract
Despite being accused of sabotaging the federal government's legal contest against the British Virgin Island's firm, P&ID Limited, Olasupo Shasore, a Nigerian lawyer, also got another $2m arbitration deal on…
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