US Court Rejects Nigeria’s Sovereign Immunity Defence in $70m Arbitration Award To Chinese Firm
Nigeria’s sovereign immunity defence got rejected by a US court, enforcing a $70 million arbitration award to a Chinese firm.
Nigeria’s sovereign immunity defence got rejected by a US court, enforcing a $70 million arbitration award to a Chinese firm.
The Senate has denied Senator Kawu’s claim of N21m monthly earnings, stating senators receive N1.06m in salary and allowances.
Nigeria has initiated legal action to recover seized presidential aircraft, asserting sovereign immunity, but Zhongshan remains confident in its case.
Nigeria’s military says crude production has improved between July and August and promised to continue its war against economic saboteurs.
Presidency has accused Zhongshan of fraud, claiming it misled a Paris court to seize Nigeria’s assets protected by diplomatic immunity.
President Tinubu says a new pact between Nigeria and Equatorial Guinea will afford new opportunities for gas exploration and employment.
Three Nigerian presidential jets, including a newly purchased Airbus, have reportedly been seized by a French court amid legal dispute.
Shehu Sani has revealed the three categories of payment senators receive; salary, running cost of office and constituency project funds.
Nigeria’s government has approved zero percent duty, VAT exemptions on essential food items to ease hardship, effective August 15, 2024.
MAN has warned that rising interest rates at 35%, driven by CBN’s MPR hikes, are strangling manufacturing and threatening jobs
Tinubu says Africa must take charge of solving its own problems, and urged the continent’s leaders to prioritise stability, democracy.
Kano Governor Yusuf says violent protesters carted away corruption trial documents on former Governor Abdullahi Ganduje.
“We must not weave our policies around our inadequacies,” Akugbe Iyamu said, urging Nigeria to prioritise renewables over CNG.
Journalist Hundeyin says foreign actors exploit Africa’s energy challenges, revealing a narrative war against Dangote Refinery to maintain energy poverty.
Chukwu has emphasised focusing on improving crude production instead of disputes between Dangote and Nigerian regulators.
In a major boost for the judiciary, President Tinubu has enacted a Bill raising salaries for judicial officers by 300%
Power Minister Adebayo Adelabu has announced a goal to reach 6,000 megawatts of power generation by the end of 2024.
Past Nigerian leaders including Generals Gowon, Abdulsalami, Buhari and Goodluck Jonathan Tuesday passed a vote of confidence on Tinubu’s leadership.
Dumebi Kachikwu has highlighted the challenges facing Nigerian refineries, including Dangote’s, due to the government forward-selling crude oil.
Dumebi Kachikwu says it’s illogical for anyone to want to frustrate Dangote Refinery, especially during an FX crisis.
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