4 h. ago S’Court’s judgment fails to seal LG autonomy seven months after verdict

Seven months after the Supreme Court delivered its landmark ruling granting full financial autonomy to local governments, implementation remains stalled amid political maneuvering and bureaucratic bottlenecks, ISMAEEL UTHMAN and OLUFEMI ADEDIRAN report The implementation of local government autonomy has faced numerous hurdles seven months after the Supreme Court judgment. Legal practitioners have expressed concerns that Read More

Politics

45 h. ago Citing Inflation Moderation, Exchange Stability, CBN Holds Interest Rates At 27.5%

The Monetary Policy Committee of the Central Bank of Nigeria (CBN) took a twist in its year-long inflation chase yesterday by holding all the parameters constant around the 27.5 per cent Monetary Policy Rate, attributing the decision to a moderation in major economic variables, especially the rebased inflation figure. However, analysts say they expect that […]

Politics

63 h. ago JUST IN: CBN retains interest rate at 27.50%, maintains other parameters

Tribune Online JUST IN: CBN retains interest rate at 27.50%, maintains other parameters The Central Bank of Nigeria (CBN) Monetary Policy Committee (MPC) has unanimously decided to hold all the parameters. This was announced by the CBN Governor, Mr Olayemi Cardoso, on Thursday during a press briefing in Abuja. In this regard, that keeps the Monetary Policy Rate (MPR) at 27.50 percent, and retains the asymmetric corridor around […] JUST IN: CBN retains interest rate at 27.50%, maintains other parameters Tribune Online

Politics

64 h. ago Regulation of Lotteries in Nigeria: Review of the Supreme Court’s Decision and its Implications

Introduction In a landmark decision delivered on 22 November 2024, the Supreme Court nullified the National Lottery Act 2005 (‘NLA’), read more Regulation of Lotteries in Nigeria: Review of the Supreme Court’s Decision and its Implications

Politics

65 h. ago Appeals court rejects Trump’s bid to pause ruling blocking birthright citizenship order

Tribune Online Appeals court rejects Trump’s bid to pause ruling blocking birthright citizenship order While four judges have previously blocked the order, this marks the first time an appellate court has ruled on the matter, setting the stage for a potential Supreme Court battle over President Trump’s attempt to restrict birthright citizenship. Appeals court rejects Trump’s bid to pause ruling blocking birthright citizenship order Tribune Online

Politics

3 d. ago Exploring the gains of fiscal autonomy for Ondo local government councils

The landmark judgment of the Supreme Court in SC/343/2024: Attorney General of the Federation v. Attorney General of Abia State & 35 Ors (2024) LPELR- 62576 has completely changed the narrative of the local government system in Nigeria for good. In less than seven months after the delivery of the judgment, several states that have Read More

Politics

3 d. ago Brazil: Trump Media Group sues Brazilian judge over Bolsonaro’s arrest

Tribune Online Brazil: Trump Media Group sues Brazilian judge over Bolsonaro’s arrest President Trump’s media company has filed a lawsuit against a Brazilian Supreme Court justice, alleging that he unlawfully censored right-wing voices on social media. The legal action comes at a significant moment, as the judge in question had just received an indictment requiring him to decide whether to authorize the arrest of Jair Bolsonaro, Brazil’s […] Brazil: Trump Media Group sues Brazilian judge over Bolsonaro’s arrest Tribune Online

Politics

3 d. ago LG Autonomy: Why CBN delayed funds despite S’Court order – FG

The Federal Government has explained the delay in the direct disbursement of funds to the 774 Local Government Areas despite the Supreme Court’s ruling granting them financial autonomy. According to the government, the delay is due to the ongoing process of profiling individuals who will serve as signatories to the LGAs’ accounts. The Attorney General Read More

Politics

3 d. ago Supreme Court Quashes Garnishee Order Against CBN, Says Police, SARS Not MDAs

The Supreme Court has set aside a garnishee order issued against the Central Bank of Nigeria (CBN), dismissing proceedings initiated by Inalegwu Frankline Ochife in a legal battle that spanned several years. In its judgement on the appeal with suit number SC/CV/268/2021, Justice Habeeb Abiru, held that the lower courts erred in their assessment of […]

Events

3 d. ago Former Brazilian President, Jair Bolsonaro, charged over alleged coup plot

Tribune Online Former Brazilian President, Jair Bolsonaro, charged over alleged coup plot The case now moves to the Supreme Court, which will decide whether to proceed with a trial. If the court accepts the charges, Bolsonaro and 33 others will be formally indicted and required to stand trial. Former Brazilian President, Jair Bolsonaro, charged over alleged coup plot Tribune Online

Politics

4 d. ago Supreme Court sets March 10 for hearing in PDP leadership tussle

The Supreme Court on Tuesday fixed March 10 for the hearing of an appeal filed by the embattled National Secretary of the Peoples Democratic Party, Samuel Anyanwu. Anyanwu, in a ten-ground appeal filed through his counsel, Ken Njemanze (SAN), is challenging the decision of the Court of Appeal, Enugu Division, delivered on December 20, 2024, Read More

Politics

4 d. ago Supreme Court sets March 10 for hearing in PDP ladership tussle

The Supreme Court on Tuesday fixed March 10 for the hearing of an appeal filed by the embattled National Secretary of the Peoples Democratic Party, Samuel Anyanwu. Anyanwu, in a ten-ground appeal filed through his counsel, Ken Njemanze (SAN), is challenging the decision of the Court of Appeal, Enugu Division, delivered on December 20, 2024, Read More

Politics

7 d. ago Both Customers And Banks Will Benefit From ATM’s Withdrawal Policy– CBN

Central Bank of Nigeria has assured Nigerians that both financial institutions and their customers will benefit from its recently announced policy. Recall that CBN on Tuesday, made the announcement to be imposing N100 per every N20,000 charges on cash withdrawal by customers from Automated Teller Machines of banks. Speaking during an interview on Channels TV […] The post Both Customers And Banks Will Benefit From ATM’s Withdrawal Policy– CBN appeared first on Information Nigeria.

Economics