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The Speaker of the Ondo State House of Assembly, Olamide Oladiji, told the Court of Appeal that parties had reached a “political solution” to the crisis of leadership rocking the state, hence his withdrawal of the appeal against the Deputy Governor, Mr Lucky Aiyedatiwa. The Deputy Governor had dragged the House, Governor Rotimi Akeredolu and others to court over moves to remove him from office over alleged acts of gross misconduct. He had secured an interim order from the Federal High Court restraining the Ondo State House of Assembly from initiating impeachment proceedings against him. But, the Assembly, citing lack of jurisdiction, had appealed to set aside the order of the Federal High Court. A High Court in Ilorin has handed down a life imprisonment sentence to the Sarkin Fulani of Kwara, Usman Adamu, along with his brother and an accomplice, Gidaddo Idris, for their involvement in a kidnapping case. The trio were found guilty of conspiring and kidnapping Abubakar Ahmad in 2022. The victim, who spent 20 days in captivity, was released only after the convicts collected a ransom of ₦1 million. Justice Akinpelu, in her judgement, stated that the evidence presented by the prosecution established the collaboration among ...

Analysts at FSDH Merchant Bank say that the NBS will ...

The Association of Nigerian Licensed Customs Agents has threatened to ...

The naira continued its slide on Wednesday, dropping to ₦390 ...

A CBN Treasury Bill calendar indicates that Nigeria plans to ...

The naira on Monday plunged even further against the American ...

Minister of Power, Works and Housing, Babatunde Fashola, says the ...

Deposit Money Banks have begun an upward review of the ...

The naira fell to a record low of ₦334.50 per ...

The CBN ramped up its benchmark interest rate by a ...

The naira slipped 2.5 percent to a new closing low ...

The finance minister, Kemi Adeosun, will meet World Bank officials ...

The CBN will today fund one-month forward contracts of $697 ...

Nigeria's naira was stuck at a record closing low of ...

Nigeria's economy will probably contract by 1.8 percent this year ...

The militant group, the Niger Delta Avengers, has again attacked ...

In the last few minutes, the NBS has released its ...

A new report by PwC Nigeria suggests that the country ...

The FG has said the ₦6.06 trillion budget for the fiscal year ...

Finance minister Kemi Adeosun says the under-performance of the insurance ...

Nigeria’s economy will probably contract this year as energy shortages ...

The Punch is reporting that should the ongoing strike embarked ...

PENGASSAN has begun a gradual withdrawal of workers from the ...

The CBN has reported that economic activities declined faster in ...

The trade volume between Nigeria and India has hit $16 ...