Justice John Tsoho, the Chief Judge of the Federal High Court, has turned down a plea to move Yahaya Bello, the former governor of Kogi State,’s N80.2 billion fraud trial from Abuja to Kogi State. In a July 2 letter, the CJ said he agreed with the Economic and Financial Crimes Commission that Bello’s trial…
On Monday, the value of the naira declined on the official and black markets. The naira lost value relative to the US dollar in the official Nigerian Autonomous Foreign Exchange Market, closing at 1,523.85 from the previous close of 1,509.67. For investors, exporters, and end users, NAFEM is the market trading sector where forex deals…
The ex-depot price of petrol has been boosted from N630 to N720 by private depot owners, causing a creeping fuel shortage in Lagos and other areas of the nation. This occurred on Sunday, as the scarcity of petrol worsened in Abuja and the surrounding states, with some filling stations charging as much as N900 per…
