Court Declares House of Representatives’ N72B Seplat Compensation Order Null and Void – Investigative Powers Don’t Extend to Awarding Damages
A Federal High Court sitting in Lagos, on Monday, 20 July 2026, set aside a directive of the House of Representatives Committee, compelling Mobil Producing Nigeria Unlimited (now SEPLAT Energy…
FEDERAL HIGH COURT UPHOLDS PIA FRAMEWORK, STRIKES OUT HOST COMMUNITY SUIT AGAINST NNPC/MPN JV TRUST
Uyo, Nigeria – In a landmark ruling with far-reaching implications for the administration of Host Community Development Trusts (HCDTs) under the Petroleum Industry Act (PIA) 2021, the Federal High Court…
Court Blow Rocks Nigeria’s Opposition Coalition as ADC Crisis Heads to Supreme Court
Nigeria’s opposition coalition has suffered a major setback after the Court of Appeal upheld a ruling restricting the African Democratic Congress (ADC)’s caretaker leadership from conducting state congresses, deepening a…
Nigeria’s Stock Market Hits Historic High as Bank Recapitalisation Fuels Investor Confidence
Nigeria’s stock market has continued its record-breaking rally, with the Nigerian Exchange (NGX) reaching another historic milestone as renewed investor confidence, driven largely by the Central Bank of Nigeria’s (CBN)…