Author: Chief Editor

Insists electronic transmission of result not legal The President-Elect, Asiwaju Bola Tinubu, has constituted a team of legal experts to defend his mandate in the recently held presidential poll.{ad}Spokesperson of the All Progressives Congress (APC) Presidential Campaign Council (APC PCC), Mr. Festus Keyamo made this known at a press conference held at the campaign headquarters of the APC in Abuja. Though Keyamo did not shed light on the identity of those on the team, he disclosed that the team included him and several senior advocates who have expressed readiness to volunteer their services. Keyamo, a Senior Advocate of Nigeria (SAN)…

The Court of Appeal yesterday granted leave to the candidates of the People’s Democratic Party (PDP) and Labour Party (LP), Alhaji Atiku Abubakar and Mr. Peter Obi, respectively, to inspect documents used by the Independent National Electoral Commission (INEC) for the conduct of the February 25 presidential election.{ad}The permission was sequel to two separate ex-parte applications filed by Abubakar and Obi, who came second and third respectively in the presidential election won by Senator Bola Tinubu of the All Progressives Congress (APC). Abubakar and Obi are alleging substantial non-compliance with the Electoral Act 2022 in addition to violence and rigging,…

• Party Accuses CBN Gov, AGF Of Misleading Buhari• Old Notes Valid Till December 31, Supreme Court Rules• Insists President’s Unconstitutional Use Of Power On The Policy Breached Fundamental Rights Of Nigerians• Gbajabiamila, Experts Applaud Judgment, Urge Immediate Compliance• Mixed Feelings Across States As Queues Persist In Banks• CBN Keeps Mum Following the judgment of the Supreme Court yesterday ordering that the old naira notes must remain in circulation till December 31, 2023, the ruling All Progressives Congress (APC) has called on Central Bank of Nigeria (CBN) Governor, Mr. Godwin Emefiele and the Attorney General of the Federation (AGF), Mr.…

The Supreme Court has declared as invalid the directive as well as the implementation of the Naira redesign policy of the federal government. To this extent the apex court ordered that the old naira notes shall continue to be used side by side with the new naira notes till December 31, 2023. The apex court declared the policy invalid on the grounds that it was not done with due consultation and in line with constitutional provisions. The court held that the 3 months timeline was also not in tune with the CBN’s Act and as such unconstitutional. Besides the apex…

* Assures them of better days ahead * Says war against insurgency and criminality will be sustained Less than a week after the conduct of both the Presidential and National Assembly elections across the country, President Muhammadu Buhari has scored the security agencies high based on their performance during the polls. Speaking in his country home, Daura in Katsina State on Friday, the president said sacrifices of the Armed Forces remain appreciated by Nigerians and commended the patriotic role they played in maintaining law and order at the just concluded Presidential and National Assembly elections.  Buhari, who spoke while virtually…

The presidential candidate of People Democratic party (PDP) Alhaji Atiku Abubakar has won February 25 presidential election in Sokoto State. Sokoto is the home state of the Director General of the Atiku Presidential Campaign Council, Governor Animu Tambuwal. Declaring the results in the early hours of Tuesday, the returning officer of the election Prof Kabiru Bala of Ahmadu Bello University , Zaria said Atiku Abubakar of Peoples Democratic Party (PDP) scored 288,679 votes to defeat his closest rival Ahmed Bola Tinubu of All Progressives Congress (APC) who scored 285, 444 . In the results Peter Obi of Labour Party (LP)…

Nigeria’s next president who is expected to be announced in a matter of hours – or days, if the elections goes into a run-off, will have to embark on a number of critical reforms when he assumes office in May, 2023, in order to reset the struggling economy, writes Obinna Chima In the next few hours or days, the Independent National Electoral Commission (INEC) would be expected to announce the winner of Nigeria’s 2023 presidential election that began last Saturday. The next president would assume office on May 29th, 2023. Indeed, one issue that he would be confronted with is…

The stock market segment of the Nigerian Exchange Limited (NGX) closed positive last week, gaining N624billion in market capitalisation amid tension towards 2023 general elections. Accordingly, the NGX All-Share Index advanced by 2.13 per cent week-on-week (W-o-W) to close at 54,949.21 basis points. Also, market capitalisation expanded N624 billion to close the week at N N29.934 trillion. Across the sectors last week, performance was largely upbeat for most of the indices that saw support from an increased inflow of funds into the equity space and continued buying sentiments, except for the insurance index that closed the week in a quiet mode. Meanwhile, positive price movement was seen…

Archbishop of Canterbury, The Most Rev. Justin Welby has advised the Independent National Electoral Commission (INEC) to ensure that the ballots cast by Nigerians in Saturday’s presidential and National Assembly elections reflect the wishes of the citizens. In a Tweet published on his official Twitter handle, he wrote: “Nigeria has voted, praise God for this grace. My prayer now is that counting and declarations are honest – and that the new President of this great nation serves all the people, especially the poorest and most vulnerable.” INEC is presently collating the results nationwide and so far has announced the results…

*70% of maternal deaths occur in Sub-Saharan Africa Every two minutes, one woman dies globally during pregnancy or childbirth, a report by United Nations (UN) agencies has revealed.The report, ‘Trends in Maternal Mortality 2000 to 2020,’ which was unveiled at the weekend by the World Health Organisation (WHO), United Nations Children’s Fund (UNICEF), United Nations Population Fund (UNFPA), World Bank Group and United Nations Department of Economic and Social Affairs (UNDESA) /Population Division reveals alarming setbacks for women’s health over recent years. According to the report, maternal deaths either increased or stagnated in nearly all regions of the world.Commenting on…