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A Federal High Court in Abuja acquitted Isabella Mimie Oshodin and her company of N22.9bn money laundering charges.
The court ruled that prosecutors failed to prove the funds were illicit or that Oshodin knew of any illegality.
The case weakened due to...
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KEY POINTS
Senior immigration officers at the Lagos–Seme border were suspended over alleged extortion of travellers.
The Comptroller-General ordered a probe and vowed disciplinary action against culpable personnel.
NIS reaffirmed commitment to professionalism and urged the public to report misconduct through official channels.
The Nigeria...
The Manufacturers Association of Nigeria warned Monday that the US-Iran conflict is pushing energy and freight costs to levels that could force factory shutdowns across Nigeria.
The World Bank has approved $500 million in Nigeria agriculture funding through its International Development Association arm, backing the AGROW project to boost smallholder productivity, strengthen market linkages and improve food security.
Scores of children and wives of military officers detained over an alleged Nigeria coup plot staged a peaceful protest at the National Assembly on Wednesday, demanding a speedy trial or the release of their loved ones.
The Central Bank of Nigeria has concluded the Nigeria bank recapitalization programme, with 33 deposit money banks raising a combined N4.65 trillion in fresh capital over 24 months.
Nigeria's pension industry is forming an investment consortium to unlock pension infrastructure investment at national scale, PenCom Director General Omolola Oloworaran announced Wednesday in Lagos.
Interior Minister Olubunmi Tunji-Ojo on Saturday ordered the Nigeria Immigration Service to immediately execute a Nigerian passport withdrawal for citizens who have formally renounced their citizenship.
The United States has activated religious freedom visa restrictions against individuals who violate international religious liberty, with Principal Advisor for Global Religious Freedom Mark Walker confirming Friday that enforcement is already underway.