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The Court of Appeal sitting in Enugu has adjourned till a date yet to be determined, its ruling on the applications brought before it by Innoson Group and Guaranty Trust Bank.
This was followed by a statement by his spokesman Cornelius Osigwe in which Innoson walked back from his false declaration stating instead that “There have been a lot of misinterpretations on the Press Release published by Innoson Group on the decision of the Supreme Court”.
The Innoson Vehicle Manufacturing Company (IVM) on Wednesday said that efforts to upgrade from 10,000 cars production capacity annually to 60,000 is being hampered by litigations against the company.
An anti-corruption group, Initiative for Transparency (IT), has called on the Economic and Financial Crimes Commission (EFCC) to urgently investigate the Benue State Governor Samuel Ortom over alleged massive corruption in the state.
The equity sector of the Nigerian Stock Exchange (NSE) reopened on a negative territory on Monday despite price gains the outweighed loses with the market capitalisation losing N16 billion.
Former relationship officer, Coronation Merchant Bank, Nsa Ayi, has been sentenced to seven years imprisonment for diverting clients N700 million meant for Federal Government bonds, treasury bills and fixed deposits.
A Magistrates’ court on Monday sentenced an Australian man who headbutted former prime minister Tony Abbott to at least two months in prison, local media reported.
The Nigerian Stock Exchange (NSE) on Thursday recorded the first growth for the month with the All-Share Index improving by 0.31 per cent, a day after the Monetary Policy Committee (MPC) meeting.
The Nigeria’s High Commissioner to Sierra Leone, Dr Habbis Ugbada, said that the Federal Government was considering extending its bilateral agreement with the Republic of Sierra Leone to cover energy, power and agricultural sectors.
The Chairman of Innoson Motors Nigeria Limited, Innocent Chukwuma, has again failed to appear in court for his arraignment at an Ikeja Special Offences Court.
Bukola Saraki, senate president, has appeared at the code of conduct tribunal (CCT) for the resumption of his trial.
Lagos State Governor, Mr Akinwunmi Ambode, on Wednesday received a Nigerian, Bayode Treasures-Olawunmi, who set a new Guinness World Record in longest reading marathon.
The SBG Securities (Pty) Limited of South Africa, a wholly owned subsidiary of the Standard Bank Group, has projected that about nine commercial banks in Nigeria would be able to pay dividends this year, despite the adjustment to the dividend payout policy issued by the Central Bank of Nigeria (CBN) recently.
Transactions on the Nigerian Stock Exchange ended on a cautious note on Wednesday with the All-Share Index increasing marginally by 0.02 per cent.
Weekly activities on the Nigerian Stock Exchange (NSE) resumed on depressed note on Monday as the market indices dropped by 1.53 per cent.
A former Super Eagles midfielder, Mutiu Adepoju, on Saturday called on the Super Eagles not to relent in their upcoming showdown with La Albiceleste, who would play like wounded Lions.
The Independent National Electoral Commission (INEC) in Oyo State on Saturday held a sensitisation campaign to create awareness on the need to collect the Permanent Voter Card (PVC).
French President Emmanuel Macron came out Saturday in support of financial sanctions against EU countries which refuse to accept migrants.
The Nasarawa state government has offered the seven grazing reserves in the state to the federal government for its proposed ranching programme.
Nigeria midfielder, Oghenakaro Etebo, has set the social media into agog with his new club Stoke City fans applauding his performances in the World Cup in Russia.
Heimir Hallgrimsson has given an insight on how his team Iceland intend to prosecute the game against Nigeria on Friday in their second game after the 1-1 draw against Argentina on Saturday.
Sergio Ramos has hit back at Diego Maradona by claiming Lionel Messi is the best Argentine player in history.
The Ekiti State Chairman of the Peoples Democratic Party (PDP), Chief Gboyega Oguntuase, has said the huge debts incurred by the Kayode Fayemi administration from 2010 to 2014 has so far cost the state N35.34 billion in servicing of the debts and deductions from statutory allocations from October 2014 till date.
Mexico coach Juan Carlos Osorio has confirmed that El Tri managed to defeat Germany on Sunday despite a flu bug in the camp and has hinted that he won't be making major changes to the team for Saturday's Group F match against South Korea.
The re-appointment of Dr. Boboye Olayemi Oyeyemi as the Corps Marshal and Chief Executive of the Federal Road Safety Corps (FRSC) for another four years has been applauded by transporters, unions and other road safety stakeholders.