Court of Appeal Halts EFCC Chairman’s Contempt Case
In a significant development, the Court of Appeal, Abuja Division, has intervened to suspend moves by the Kogi State High Court to commit EFCC Chairman Ola Olukoyede for contempt. This decision comes after the Appeal Court granted an ex parte motion filed by former Kogi State Governor Yahaya Bello.
Emefiele’s Trial Adjourned to May 9 Over Additional Evidence
Meanwhile, the trial of former Central Bank of Nigeria (CBN) governor Godwin Emefiele has been adjourned to May 9. This adjournment is due to additional proof of evidence served by the prosecution, which prompted the Ikeja Special Offences Court to delay proceedings.
NERC Unbundles TCN for Electric Sector Efficiency
Efforts for better efficiency in the electric sector received a boost as the Nigerian Electricity Regulatory Commission (NERC) announced the unbundling of the Transmission Company of Nigeria (TCN). This move includes the establishment of the Nigerian Independent System Operator of Nigeria Limited (NISO) to enhance operational efficiency.
Minister Upholds Press Freedom Under Tinubu Administration
Minister of Information Mohammed Idris has made assurances regarding press freedom under the Bola Tinubu administration. He emphasized that no journalist has been incarcerated under Tinubu’s leadership, underscoring the government’s commitment to protecting the interests of journalists.
Kano High Court Restrains Law Enforcement in APC Case
A Kano High Court has granted an ex parte order restraining law enforcement agencies from arresting and harassing All Progressives Congress (APC) ward officers in Kano State. This decision comes amidst legal battles within the party.
Benue State Government Demolishes Illegal Structures
In a bid to address urban planning challenges, the Benue State government has embarked on a demolition exercise. The government demolished 40 illegal shanties and structures in Makurdi, the state capital, to curb the proliferation of unauthorized constructions.
Fintech Companies Warn Against Cryptocurrency Trading
Several Nigerian fintech companies have issued warnings against cryptocurrency trading on their platforms. Opay, Moniepoint, PalmPay, and Paga have communicated their stance to customers, threatening to block accounts engaged in cryptocurrency activities.
Man Sentenced to Death for Fatal Stabbing in Niger State
In Niger State, justice has been served as Hamza Mohammed was sentenced to death by hanging for fatally stabbing another man during a free-for-all altercation. Mohammed and an accomplice, Baba Usman, were involved in the tragic incident.
Edo PDP Inaugurates Campaign Council Amid Tensions
Amidst internal tensions, the Edo State chapter of the Peoples Democratic Party (PDP) has inaugurated a 363-member campaign council. This move precedes the gubernatorial election scheduled for September 21 and reflects ongoing internal dynamics within the party.
Naira Depreciates in Parallel Market
On the economic front, the naira witnessed a depreciation in the parallel market, falling to N1,395 per dollar. However, there was a contrasting appreciation in the Nigerian Foreign Exchange Market, where the naira strengthened to N1,400.4 per dollar.
