30 results
- 15 May 2019
P &ID Offers FG Olive Branch Over Contract Dispute
Nigeria stands to lose up to $9 billion worth of its foreign assets following an enforcement application to US and UK courts by Process and Industrial Development (P &ID), a British firm tied up…
- 10 Dec 2023
Court Awards Nigeria 20 Pounds Against P&ID
Nigeria has recorded a fresh legal victory over the Irish firm, Process & Industrial Developments (P&ID), after a London court awarded £20 million in damages and compensation in favour of the…
- 6 Sept 2020
Malami Accuses Govt Officials of Pocketing $301m in Oil Deal
Abubakar Malami, attorney general and minister of Justice, has revealed how $301 million were used in bribing Nigerian government officials in the $10 billion judgment earlier awarded to Process and…
- 29 Jan 2019
FG May Lose $9Bn to UK Firm over Alleged Contract Breach
Nigeria is on the verge of losing over $9 billion owing to a ruling by a UK Arbitration Tribunal which found the federal government culpable of breaching an agreement it signed with a gas recycling…
- 18 Mar 2025
£15bn Petro Union Fraud: AGF Defends Nigeria's Wealth at Supreme Court
In a significant move to safeguard Nigeria from potential fraud, the Attorney-General of the Federation and Minister of Justice, Chief Lateef Fagbemi (SAN), has led a team of senior lawyers to…
- 22 Dec 2021
Petro Union $15Bn Fraud Case: Supreme Court Okays Union Bank’s Appeal Bid
The Supreme Court has granted the application by Union Bank Plc to appeal the Court of Appeal judgement against the Central Bank of Nigeria (CBN), Union Bank, Minister of Finance and the…
- 13 Nov 2025
AVEVA Showcases Next-Gen Digital Twin Enhancements at Innovation Summit
AVEVA, a global leader in industrial software, driving digital transformation and sustainability, is setting a new standard for the industrial digital twin by converging all data onto CONNECT…
- 29 Jul 2020
Reps Fume as Clauses Concede Nigeria to China in Loan Agreement
A house of representatives panel has raised the alarm over clauses conceding Nigeria’s sovereignty to China in a loan agreement. The clause described as “lethal” by the panel is in article 8(1) of…
- 20 Apr 2016
NJC Sacks 2 Judges over Alleged Judicial Misconduct, Falsification
National Judicial Council (NJC) has sacked Justice O. Gbaja-Biamila of the Lagos State High Court and Justice Idris M. J. Evuti of the Niger State High Court, found guilty of professional misconduct.…
- 17 Jan 2021
Heirs Holdings Acquires 45% Per Cent of OML 17 from Shell, Total and ENI
Heirs Holdings (“HH”), the leading African strategic investor, in partnership with affiliated company Transnational Corporation of Nigeria Plc (“Transcorp”), Nigeria’s largest publicly listed…
- 27 Jul 2022
'African Queen' a Blessing and Curse - 2Face Idibia
The legendary hitmaker, 2Face Idibia, now known as 2Baba, has expressed that his first single hit, African Queen, is a source of blessing and a curse in the fifth episode of Showmax’s Journey of the…
- 15 Apr 2026
CBN Proposes Mediation Panel to Fast-Track Loan Disputes
Central Bank of Nigeria has proposed a specialised mediation panel to resolve disputes in secured lending, cutting court delays and boosting asset-backed loans. CBN In a circular signed by P. I.…
- 11 Nov 2020
CBN Warns Banks against Diverting P-AADS Funds
Central Bank of Nigeria (CBN) has warned banks participating in the Private-Sector-led Accelerated Agriculture Development Scheme (P-AADS ) against diverting the intervention funds meant for…
- 29 Jul 2021
MP-Infrastructure Bags BoICT’s Telecom Infrastructure Provider of the year Award
MP-Infrastructure, one of Africa’s leading infrastructure development and Management Company has bagged the Telecom Infrastructure Provider of the year award at the 2021 Beacon of Information and…
- 7 Oct 2019
Ogunlesi, Williams, Akande Others to join McMedal @ Fourth Lagos PR Summit
Lagos State Chapter, the flagship branch of the Nigerian Institute of Public Relations (NIPR) has announced date for its fourth Lagos Digital PR Summit geared towards deepening the skill-set of…
- 21 Aug 2019
NIMC to Extend NIN Enrolment to Austria, Germany
The National Identity Management Commission (NIMC) has concluded plans to extend the National Identification Number (NIN) enrolment to Nigerians living in Austria and Germany. Aliyu Aziz,…
- 2 Aug 2021
MTN Appoints Shodunke, Sowho, 2 Nigerians for Top Jobs
MTN Group Limited, leading African multinational mobile telecommunications company, has appointed Shoyinka Shodunke and Adia Sowho as chief information officer (CIO) of MTN Nigeria and chief…
- 22 Jul 2022
5G Connectivity Holds Enormous Potential to Advance Innovation and Economic Development in Nigeria - Carvalho
Julia Carvalho is the General Manager for IBM Growth Markets in Africa. Julia is responsible for IBM’s business operations, growing the partner ecosystem and driving client satisfaction across…
- 22 Jan 2026
JustMarkets Unveils Top 5 Trading Assets for 2026 Profits
As the world markets continue into a new cycle that sees them plunging into much trouble and uncertainty, the year 2026 beckons to be one that is ridden with high uncertainty and volatility in terms…
- 15 Dec 2021
IBM Appoints Julia Carvalho as General Manager for IBM Growth Markets in Africa
IBM has announced the appointment of Julia Carvalho as General Manager for IBM Growth Markets, Africa. Julia Carvalho Ms. Carvalho will be responsible for IBM’s business operations, growing our…
- 7 Jun 2026
NCC Applauds Ministerial Initiative on Girls ICT Empowerment
Nigerian Communications Commission (NCC) has commended the Hon. Minister of Communications, Innovation and Digital Economy, Dr. Bosun Tijani, for championing initiatives aimed at empowering the…
- 24 Oct 2018
Data Management a Catalyst for Boosting Businesses- LCCI
Mr. Babatunde Paul Ruwase, President, Lagos Chambers of Commerce and Industries (LCCI) on Wednesday said that information and communications sector has become a catalyst for boosting business…
- 2 Nov 2020
FG Rewards 12 Winners of 60-Day App Challenge
Federal government has rewarded 12 youths who won the Federal Ministry of Youth and Sports Development 60-day App Challenge. Sunday Dare, minister of Youth and Sports Development 10 of the youths…
- 24 Aug 2020
FG Commences Rehabilitation of Radio House
Federal government has commenced the first major rehabilitation of the 14-Floor Radio House Complex in Abuja since it was constructed 33 years ago. l-r: Consultant of Messrs Blue Furniture Limited;…
- 9 Dec 2020
Benedict Peters, True Nigerian Export
By Jackson Ugbechie In a season when some Nigerians are being demonised across the world as agents of crime and criminalities, we cannot but raise our glasses to salute the likes of Adewale Adeyemo,…
- 7 Jul 2021
Court Remands Ojerinde, Ex JAMB Boss in Prison over Alleged N5.2Bn Fraud
A Federal High Court in Abuja has remanded Professor Lawrence Adedibu Ojerinde, a former registrar of the Joint Admissions and Matriculation Board (JAMB) in prison custody over alleged N5 billion…
- 4 Oct 2021
Court Faults CBN on Discriminatory Bank Charges
A federal high court sitting in Awka, Anambra state has faulted the Central Bank of Nigeria (CBN) for imposing discriminatory bank charges on some categories of cash depositors from N500,000.00 and…
- 9 Dec 2021
NCC Shines @2021 ITREALMS E-Waste Dialogue, Bags Telecom E-Waste Regulator Award
The Nigerian Communications Commission (NCC) has bagged the 2021 ITREALMS Telecom E-Waste Regulator Award. From left: Publisher/Editor Newsmart, Ms. Rose Moses; President, Guild of Corporate Online…
- 26 Sept 2024
Mart Networks Rallies Stakeholders to Deepen Commitment in Nigeria’s Tech Ecosystem
Mart Networks Group, a global value-added IT distributor, on Thursday convoked an international stakeholders conference for its partners and Original Equipment Manufacturers (OEMs) geared towards…
- 5 Aug 2025
MTN & Ultima Studios Kick Off Hunt for Nigeria’s Next Afrobeats Icon
MTN Nigeria has officially launched Next Afrobeats Star (NAS), a bold new music reality competition designed to uncover and elevate the next generation of Afrobeats talent. The show was unveiled on…