The Federal High Court 1 in Owerri, Imo State, has ruled in favor of Chika Edoziem, the Head of the Directorate of State of the Indigenous People of Biafra (IPOB). The court, presided over by Hon. Justice I.N. Oweibo, dismissed charges against Edoziem related to terrorism, insurgency, kidnapping, and violent crimes.   In Suit No: FHC/OW/FHR/29/2024, filed by Edoziem against the...

Jumia’s liquidity position improved to $133.9 million, helped by net proceeds from an at-the-market offering in August 2024. This reversed a decline of $106.9 million recorded in 2023. Net cash flows used in operating activities also showed improvement, reducing to $57.2 million from $73.0 million in the previous year. According to Jumia, key usage metrics improved in the fourth quarter,...

The plot that led to the assassination of Nigeria’s former Head of State, Major General Murtala Muhammed, on February 13, 1976, can be traced back to the day he assumed office in 1975. According to former Military President General Ibrahim Badamasi Babangida (IBB), Muhammed’s refusal to accept a power-sharing arrangement sparked discontent among younger officers, ultimately leading...

Mudashiru Obasa has been re-elected as the Speaker of the Lagos State House of Assembly. His return follows the resignation of Mojisola Meranda, who stepped down from the position with immediate effect. Obasa was reinstated during the plenary session on Monday. Earlier in January, Obasa had been impeached by members of the Assembly due to several fraud-related accusations. Further details will...

The Nigerian Police Force has advised the Osun State Government to immediately suspend the upcoming local government elections for public safety and national stability.  This recommendation follows intelligence reports indicating a high likelihood of violence and significant security threats if the elections proceed. Credible sources suggest that various groups, including political...