The Securities and Exchange Commission (SEC) has urged African nations to embrace Islamic finance to drive sustainable and inclusive economic growth. SEC Director-General Emomotimi Agama made the appeal on Wednesday in Lagos at the 7th African International Conference on Islamic Finance (AICIF). The two-day conference, which began on November 4, had the theme “Africa…
The Abuja Division of the Federal High Court, on Wednesday, dismissed the N100 billion suit filed by Dangote Petroleum Refinery and Petrochemicals FZE against Nigeria National Petroleum Company Limited (NNPCL) and its co-defendants over an oil import licence dispute. Justice Mohammed Umar dismissed the suit following an oral application by the defence lawyers after…
The Forward Operating Base of the Nigerian Navy in Badagry handed over seized contraband items to the Nigeria Customs Service and the Civil Defence Corps on Wednesday. A correspondent observed the handover, which was conducted by a senior naval officer at the Base in Badagry. The base transferred 420 bags of foreign parboiled rice…
The Manufacturers Association of Nigeria (MAN) says the recently approved 15 per cent import tariff on petrol and diesel will strengthen local content and deepen support for Made-in-Nigeria goods. MAN’s director-general, Segun Ajayi-Kadir, in a statement on Wednesday in Lagos, described the tariff as a strategic and patriotic step aligned with the Nigeria-First agenda…
By Ankeli Emmanuel, Sokoto The Sokoto State Police Command has arrested of one 25 years old Sufiyanu Aliyu of Gwanyal Village, Tangaza LGA, for the alleged killing of his 15 years old wife, Suwaiba Abubakar Bawa. According to the a statement by the police public relations officer, DSP Ahmad Rufai, the incident occurred on…
The Senate yesterday launched a sweeping investigation into railway projects executed under the administration of former President Muhammadu Buhari. The Red Chamber said its action was informed by the persistent derailments, vandalism and mechanical failures along the Itakpe–Warri standard gauge corridor. The resolution followed a motion by Senator Ede Dafinone (APC, Delta Central), who…
The Kano State House of Assembly has introduced a bill to enforce the use of the mother tongue, specifically the Hausa language, as the medium of instruction in schools across the state. The proposed legislation, titled “Kano State Mother Tongue (Hausa Language) Education Enforcement Bill,” was sponsored by Musa Kachako (NNPP–Takai). Presenting the bill…
The Bauchi State government has reiterated its commitment to the full implementation of the Safe and Inclusive School Policy to ensure a safe and violence-free learning environment. The Commissioner for Education, Lawan Mohammed, said this during a courtesy visit by members of the Civil Society Action Coalition on Education for All (CSACEFA) on Tuesday…
The Economic Community of West African States (ECOWAS) has dismissed claims of genocide against any religious group in the region, arguing that such labels are aimed at distorting cohesion in the bloc. ECOWAS, in a communique on late Tuesday, said the claims are targeted at worsening insecurity in the West African region. “Perpetrators of…
The Department of State Services (DSS) announced on Tuesday that several high-profile terrorism suspects are currently undergoing trial across the nation as part of efforts to bolster national security and enforce accountability. In its update, the secret agency revealed that five men are being prosecuted in connection with the June 2022 attack on St….
