93 m. ago Court declares Obasa’s removal illegal, voids assembly’s proceedings

By Lukman Olabiyi Justice Yetunde Pinheiro of the Lagos State High Court in Ikeja, yesterday, declared the removal of the Speaker of the House of Assembly, Mudashiru Obasa, as illegal and unconstitutional. In a judgment delivered on Wednesday, Justice Pinheiro nullified the House’s proceedings and resolutions of January 13, that led to Obasa’s ouster. Obasa, […] The post Court declares Obasa’s removal illegal, voids assembly’s proceedings appeared first on The Sun Nigeria.

Events

4 h. ago Court rules Obasa’s removal illegal, voids assembly proceedings

By Lukman Olabiyi Justice Yetunde Pinheiro of the Lagos State High Court in Ikeja has ruled the removal of the reinstated Speaker of the House of Assembly, Mudashiru Obasa, as illegal and unconstitutional. In a judgment delivered on Wednesday, Justice Pinheiro nullified the House’s proceedings and resolutions of January 13, which led to Obasa’s ouster. […] The post Court rules Obasa’s removal illegal, voids assembly proceedings appeared first on The Sun Nigeria.

Events

4 h. ago Ponzi scheme: Court seizes N6.6bn Livingtrust shares, N42.4m linked to Cititrust

Justice F. N. Ogazi of the Federal High Court sitting in Ikoyi, Lagos, has ordered the final forfeiture of 2,041,087,747 units of shares in Livingtrust Mortgage Bank Plc, formerly known as Omoluabi Mortgage Bank Plc, valued at N6,674,356,932.69. The court also ordered the forfeiture of N42,461,096.66 and $26.44, all traced to Cititrust Holdings Plc and Read More

Politics

5 h. ago Petrol Price Drops Again As Dangote Refinery Announces N835 Per Litre

Dangote Refinery has reduced the Premium Motor Spirit ex-depot price to N835 from N865 per litre. The refinery located in Lagos State informed its customers in a statement on Wednesday morning. The development indicated a fresh decrease of N30 in Dangote Petrol price. With the latest fuel price reduction, Dangote Refinery partners, such as MRS […] The post Petrol Price Drops Again As Dangote Refinery Announces N835 Per Litre appeared first on Information Nigeria.

Politics

6 h. ago PICTORIAL: Police Arrest 157 Suspects, Recover Drugs, Arms In Kano

The Kano State Police Command has arrested 157 suspects and recovered a large cache of drugs, firearms, and stolen property in a major crackdown on criminal activities across the state. The operation which spanned four weeks was part of the intensified efforts of the new Commissioner of Police, CP Ibrahim Bakori who assumed office on […]

Events

6 h. ago Court orders final forfeiture of Livingtrust Mortgage Bank’s N6.6bn shares, N42.4m, $26.44 in Lagos

From Sola Ojo, Abuja On Tuesday, April 15, Justice F.N. Ogazi of the Federal High Court in Ikoyi, Lagos, ordered the final forfeiture of 2,041,087,747 units of Livingtrust Mortgage Bank Plc shares, valued at N6,674,356,932.69, along with N42,461,096.66 and $26.44 in funds. The Economic and Financial Crimes Commission (EFCC) traced these assets to Cititrust Holdings […] The post Court orders final forfeiture of Livingtrust Mortgage Bank’s N6.6bn shares, N42.4m, $26.44 in Lagos appeared first on The Sun Nigeria.

Politics

7 h. ago NSIA eyes sustainable income growth despite global market headwinds

…says impressive 2024 financials driven by cost efficiency, strategic risk management The Nigeria Sovereign Investment Authority (NSIA) is charting a read more NSIA eyes sustainable income growth despite global market headwinds

Politics

7 h. ago Rent Hike: Lagos Assembly seek full implementation of 2015 tenancy law

The Lagos State House of Assembly has called on the Attorney General and Commissioner for Justice to enforce the full read more Rent Hike: Lagos Assembly seek full implementation of 2015 tenancy law

Society

9 h. ago We’re Working With Interpol, We’ll Bring CBEX Perpetrators To Justice – EFCC Assures Nigerians

Economic and Financial Crimes Commission has commenced investigation into the alleged N1.3tn stolen through a digital investment platform, Crypto Bank Exchange. EFCC assured Nigerians that the anti-graft agency, in collaboration with International Criminal Police Organisation and other international partners are currently investigating the incident. Recall that many Nigerians lamented over sudden crash of the ponzi […] The post We’re Working With Interpol, We’ll Bring CBEX Perpetrators To Justice – EFCC Assures Nigerians appeared first on Information Nigeria.

Politics

9 h. ago Cargo traffic returns as TTP, agents tackle ticket racketeers

By Steve Agbota As cargo traffic returns to Tin Can and Apapa ports, Trucks Transit Park (TTP) Limited, the Nigeria Customs Service and licensed agents have moved to tackle the black market and racketeers of the Eto call-up system. Findings by TheSun.ng showed that there is rampant racketeering surrounding the Eto e-call-up system, causing persistent […] The post Cargo traffic returns as TTP, agents tackle ticket racketeers appeared first on The Sun Nigeria.

Transport

9 h. ago Court Reinstates Obasa As Lagos Assembly Speaker, Declares Impeachment Illegal

A Lagos High Court has reversed the impeachment of Mudashiru Obasa as Speaker of the Lagos State House of Assembly, ruling that the process leading to his removal was unconstitutional and invalid. The decision was handed down on Wednesday by Justice Yetunde Pinheiro, who nullified the Assembly’s session of January 13, 2025, during which Obasa […] The post Court Reinstates Obasa As Lagos Assembly Speaker, Declares Impeachment Illegal appeared first on Information Nigeria.

Events

10 h. ago CBEX crash: All you need to know about the Ponzi scheme that duped Nigerians

On Tuesday, the digital investment platform CBEX suddenly collapsed, with reports indicating that investors incurred losses amounting to over N1.3 trillion. The incident has sparked widespread reactions, with users expressing frustration, criticism, and concern. Many stormed the CBEX office in Oyo State to destroy their belongings. PUNCH Online has compiled a list of things you Read More

Events

11 h. ago Police dismantle gun smuggling ring in Kano, seize 19 rifles

The Kano Police Command has arrested 157 suspects involved in armed robbery, thuggery and other violent crimes within the last one month. The state police commissioner, Ibrahim Bakori made the disclosure during a news conference on Wednesday where he noted the achievements recorded since he assumed duty as CP in Kano State. He stated that Read More

Politics

12 h. ago Renewable Energy: REA, Lagos Sign Pact On $150m Lithium Battery Plant, Others

The federal government, through the Rural Electrification Agency (REA), has signed a Memorandum of Understanding (MoU) with the Lagos State government to establish a $150 million lithium battery assembly plant in Lagos. This initiative, finalised during a roundtable in Victoria Island on Monday, aims to boost local manufacturing capacity and accelerate rural electrification projects across […]

Politics

12 h. ago BREAKING: Court declares Obasa’s removal as Lagos speaker illegal

The Lagos State High Court in Ikeja has declared the removal of Mudashiru Obasa as Speaker of the Lagos State House of Assembly illegal and unconstitutional. In a judgment delivered on Wednesday, Justice Yetunde Pinheiro nullified the House’s proceedings and resolutions of January that led to Obasa’s ouster. Obasa had filed a suit against the Read More

Events

14 h. ago Lagos State to establish $150m lithium battery assembly plant in Lekki, renewable energy university 

From Isaac Anumihe, Abuja In view of the irregular supply of electricity which has crippled businesses in Lagos State, the governor, Babatunde Sanwo Olu has promised to establish a $150 million Lithium Battery Assembly Plant at Lekki Free Trade Zone. He also vowed to set up a Renewable Energy University to boost local skills and […] The post Lagos State to establish $150m lithium battery assembly plant in Lekki, renewable energy university  appeared first on The Sun Nigeria.

Politics

14 h. ago UPDATED: Dangote refinery slashes petrol price again, now N835/litre

Fresh from implementing a ₦15 price reduction in its loading cost for Premium Motor Spirit, also known as petrol, the Dangote Refinery has again slashed its refined product prices to make them cheaper, cutting its ex-depot rate to ₦835 per litre. The new price represents a ₦30 reduction from ₦865 per litre implemented six days Read More

Politics

14 h. ago Theatre broadway style comes to Lagos “The Jewel” brings futuristic musical theatre to Eko Hotel this Easter

Eko Hotel and First Bank have partnered to dazzle theatre enthusiasts this Easter weekend as the hotel’s convention center transforms read more Theatre broadway style comes to Lagos “The Jewel” brings futuristic musical theatre to Eko Hotel this Easter

Politics

15 h. ago From MMM to CBEX: Timeline of Ponzi schemes that have duped Nigerians

Over the years, Nigerians have fallen victim to a series of Ponzi schemes that promised quick riches but ended in devastating losses. From the infamous Mavrodi Mundial Moneybox, popularly known as MMM that crashed in 2016, leaving millions of investors stranded, to the recent collapse of CBEX and other crypto-based platforms, the allure of high Read More

Politics

17 h. ago Lagos Court Halts Falana, Falz’s Defamation Claim Against VeryDarkMan

The preliminary objection in the defamation claim filed by human rights lawyer Femi Falana (SAN) and his son, popular artist Folarin Falana, commonly known as Falz, against social media personality Vincent Otse, also known as VeryDarkMan, was dismissed by a Lagos State High Court in Ikeja on Tuesday. Justice Mathias Dawoodu dismissed the suit upon […] The post Lagos Court Halts Falana, Falz’s Defamation Claim Against VeryDarkMan appeared first on Information Nigeria.

Politics