August 2024 - Page 18 of 22

Is Recent Supreme Court Judgement On Payments Being Made Directly To Local Government Councils From Federation Account Enforceable?

By Prof.Mike Ozekhome SAN, CON, OFR Many Nigerians and non-Nigerians alike have repeatedly asked me if the Supreme Court was not wrong in its interpretation of section 162(3), (4), (5) and (6)

August 8, 2024

Opinion

NNPC Says Ikeja Explosion Has No Link With NGML/NIPCO CNG Stations

Mohammed Shosanya The Nigerian National Petroleum Company Limited, says the reported explosion at a filling station in Ikeja, Lagos, has nothing to do with the recently commissioned NNPC Gas Marketing Ltd (NGML)/NIPCO

August 8, 2024

Oil&Gas

CBN Boosts Forex Market With $876m

Mohammed Shosanya The Central Bank of Nigeria’s (CBN),has offered $876m to fulfil bids submitted by customers at an auction concluded on Wednesday, August 7. In a statement,the CBN noted that the move

August 8, 2024

Banking&Finance·Business

Protest:How Security Operatives Invaded Our Headquarters-NLC

Mohammed Shosanya The Nigerian Army and Police invaded the Headquarters of the Nigeria Labour Congress situated around the Central Business District. Comrade Benson Upah, Head, Media and Public Relations Nigeria Labour Congress

August 8, 2024

News·Nigeria News

We’re Not Involved In Economic Sabotage -NNPC

Mohammed Shosanya The Group Chief Executive Officer of Nigerian National Petroleum Company Limited, Mr. Mele Kyari,says the company has not breached any of the enabling laws guiding its dealings with partners. He

August 7, 2024

Oil&Gas

NDDC Pledges Increased Support For Education, Sustainable Development

Mohammed Shosanya The Managing Director of the Niger Delta Development Commission, NDDC, Dr Samuel Ogbuku, has assured that the Commission will continue to play a strategic role in the development of education

August 7, 2024

Education

CBN Okays Unity,Providus banks Merger

Mohammed Shosanya The Central Bank of Nigeria has approved the merger of Providus Bank and Unity Bank. Acting Director, Corporate Communications, Hakama Sidi,who disclosed this in a statement on Tuesday,explained that the

August 7, 2024

Banking&Finance·Business

‘Nigeria Must Diversify Means Of Transporting Petroleum Products’

Mohammed Shosanya Sola Adebawo, Heritage Energy’s GM, Government Joint Ventures and External Relations,has advocated the need for diversification of means of transporting petroleum products in the country. “98% of refined petroleum products

August 7, 2024

Oil&Gas

Protesters Calling For Coup Will Be Charged For Treason-Police

Mohammed Shosanya The Nigeria Police Force (NPF),has warned against the display of foreign flags during protests and calls for a military takeover, categorizing such actions as treasonable felonies under the country’s law.

August 7, 2024

News·Nigeria News

#EndSARS Protests:Court Orders LASG To Investigate Journalist’s Death,Prosecute Killers

Mohammed Shosanya A Lagos Federal High Court has ordered the Lagos State Government to launch an investigation into the death of Mr. Pelumi Onifade, a 20-year reporter with Gboah TV, an online

August 7, 2024

Law/Human Rights

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August 2024 - Page 18

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