Search Results for: Nigeria

The All Progressives Congress (APC) has emerged triumphant in Saturday’s local council elections. The Ebonyi State Independent Electoral Commission (EBSIEC) officially declared the APC’s sweeping success, confirming that the party has secured all 13 Chairmanship seats across the state. This unprecedented display of electoral dominance underscores the APC’s overwhelming popularity and strategic campaign effectiveness in…

The Enugu Zonal Directorate of the Economic and Financial Crimes Commission (EFCC) arraigned Rufus John Isip, a self-proclaimed forex broker, before Justice C. S. Onah of the Federal High Court in Uyo, Akwa Ibom State, on Friday, July 19, 2024. Isip, alongside his company, ITM-IT Resources Limited, faced an eight-count charge involving fraudulent conversion, money…

In response to the recent landmark Supreme Court decision granting financial autonomy to Nigeria’s 774 local government areas, public discourse has intensified regarding the future of electoral processes at the grassroots level. Many voices across the nation have advocated for the abolition of State Independent Electoral Commissions (SIECs), arguing that these bodies are often beholden…

Barely three weeks after a major bust, the National Drug Law Enforcement Agency (NDLEA) has intercepted another significant shipment of codeine syrup at the Onne Ports in Rivers State. This latest seizure involved seven containers carrying 1,229,400 bottles of codeine-based cough syrup, valued at over N9.8 billion. The operation, which took place on July 18,…

The Supreme Court’s landmark verdict on local government autonomy has reignited discussions on the necessity of the Independent National Electoral Commission (INEC) overseeing local council elections. The ruling, delivered on July 11, 2024, declared unconstitutional the state governments’ refusal to grant financial autonomy to local governments and the arbitrary removal of elected council chairmen. This…

The Central Bank of Nigeria (CBN) has released updated guidelines on the management of dormant accounts, unclaimed balances, and other financial assets. This revision follows the review of the October 2015 guidelines and aligns with Section 72 of the Banks and Other Financial Institutions Act (BOFIA) 2020. The updated guidelines aim to standardize the management…

Governor Fayose Fraud Trial: The Economic and Financial Crimes Commission (EFCC) continues its prosecution of former Ekiti State Governor, Ayodele Fayose, and his company, Spotless Investment Limited, in a high-profile fraud case. The defendants face an 11-count charge of money laundering and stealing, involving a substantial sum of N6.9 billion. The case, which began on…

The Honourable Commissioner for Justice and Attorney General of Ondo State, Dr. Kayode Ajulo SAN, made a significant move towards justice reform. Accompanied by the Chief Judge of Ondo State, Hon. Justice Ayedun Odusola, and other key stakeholders, Dr. Ajulo visited multiple Correctional Centers across the state, leading to the release of 57 inmates. This…