By JKNewsMedia Reporter LAWYER TO Nigeria’s former petroleum minister, Diezani Alison-Madueke, has said she had no real influence over the award of oil contracts during her tenure, as he told jurors at Southwark Crown Court in London. Jonathan Laidlaw said on Thursday that Alison-Madueke was effectively a “rubber stamp” for official recommend...
By Jemimah Wellington, JKNMedia Reporter THE COMPETITION and Consumer Protection Tribunal (CCPT) dismissed the case challenging MultiChoice Nigeria’s subscription price hike. Festus Onifade, the claimant, withdrew his case against the company Onifade, who filed the lawsuit to oppose the price increase, decided not to continue. He argued ...
By Ajibola Olaide, JKNMedia Reporter THE LAGOS State House of Assembly has summoned the State Attorney-General, Lawal Pedro, to explain the recent Supreme Court judgment on local governments. Lawmakers seek clarity on the court’s decision and its constitutional implications. On Thursday, a seven-man panel of the Supreme Court declared th...
By Joke Kujenya A DRAMATIC turn of events occurred on Tuesday as Ahmed Umar, a former Director of Operations at the bank, testified against him in the ongoing trial of former Central Bank of Nigeria (CBN) Governor Godwin Emefiele. Umar revealed that the controversial naira redesign policy implemented in 2022 was carried out without the [&helli...
By Helen Okechukwu, JKNMedia Reporter FOLLOWING proceedings at the Ikeja High Court, former Central Bank of Nigeria (CBN) Governor, Godwin Emefiele, and his co-defendant, Harry Omoile, have been ordered into custody after facing charges of alleged involvement in a $4.5billion and N2.8billion fraud case. The court decision was disclosed by the ...
