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The Presidency has welcomed the judgment by the UK Court granting Nigeria’s application for an extension of time and relief from sanctions in a $10 billion arbitration case with Process and Industrious Development Limited (P&ID) in Nigeria.
Nigeria has scored a victory in its endeavour to overturn a $10 billion judgement awarded against it in a case against Process and Industrial Developments (P&ID).
The Federal Government has said that former Attorney General of the Federation and Minister of Justice, Mr Mohammed Adoke, SAN, was actively involved in negotiating the troubled P&ID deal, contrary to his (Adoke) claim that P&ID happened after he had left office.
A former Nigerian attorney-general and Minister of Justice, Bello Adoke, has given the Attorney-General of the Federation and Minister of Justice, Abubakar Malami, seven days ultimatum to retract alleged defamatory statements made against him.
Embattled acting Chairman of the Economic and Financial Commission (EFCC), Ibrahim Magu, has responded to allegations that he frustrated the extradition of a former minister of petroleum, Diezani Alison-Madueke and other fugitives to face trial in Nigeria.
Former President Goodluck Jonathan has declared that he has no accounts or property domiciled abroad.
Nigeria’s Federal Government (FG) on Friday filed a new and substantive challenge in the English Courts in the ongoing fight against the vulture-fund-backed P&ID.
Human rights lawyer and Senior Advocate of Nigeria (SAN), Mr. Femi Falana, has accused the federal government of disobeying valid court orders in Nigeria while it complies with orders from the United Kingdom.
The Economic and Financial Crimes Commission (EFCC) has called on the Federal High Court, Abuja, not to grant the application for bail variation by the British national, James Nolan.
President Muhammadu Buhari has authorised the release of $200 million in the $9.6 billion awarded against Nigeria in its case with Process & Industrial Development (P&ID).
The Federal High Court, Abuja, on Friday, adjourned the hearing on the application for bail variation of James Nolan, a Briton, until Nov. 27.
The Economic and Financial Crimes Commission (EFCC), on Thursday, filed fresh charges against James Nolan, a Briton, at the Federal High Court, Abuja.
The Federal Government has revealed that it is adopting enhanced strategies to set aside the $9.6 billion award to P&ID and possibly nullify the entire contract.
A principal witness, CSP Umar Babangida, on Wednesday alleged that Grace Taiga, a former director, Legal Services in the Ministry of Petroleum Resources, played a major role in the fraudulent gas supply agrrement between the Federal Government and Petroleum and Industrial Development (P&ID).
Abubakar Malami, the Attorney General of the Federation, has said Nigeria is owing over N150 billion in judgement debt.
Indications have emerged that Nigeria’s plans to have the $9.6bn awarded in favour of Process and Industrial Developments nullified on the grounds of the allegation of fraud regarding the Gas Supply Processing Agreement may fail.
The Federal Government will appeal the order of a UK commercial court awarding $200 million conditional payment for granting stay of execution in a judgment debt against Nigeria over a botched gas contract.
A man, Hule Sunday, on Tuesday appeared in a Wuse Zone Six Chief Magistrates’ Court, Abuja, for allegedly defrauding his business partner of N10 million.
The Court of Appeal President, Justice Monica Dongban-Mensem, has established a Governorship Election Petition Tribunal Secretariat in Edo State.
Mali’s military junta announced the leaders of a new transition government in the Sahel state on Monday, which will retain strong army links despite international pressure to appoint civilians after a coup.
Hon. Ikponmwosa Ray Odeh, Senior Special Assistant to Governor Obaseki, has commended the people of Edo State for their conflict-free conduct during the just concluded elections in the state and congratulated the governor for his massive victory.
Senior Special Assistant to Governor Godwin Obaseki, Hon. Osamudiamen Destiny Odeh, has extended felicitations to the governor for his triumph at the recently concluded gubernatorial polls in Edo State.
Taiwan on Tuesday demanded that China "back off" and accused it of threatening peace, after recent incursions and a Beijing official openly rejecting a largely respected marine boundary.
Former European Cup winners Benfica crashed out of the 2020/2021 UEFA Champions League third qualifying round on Tuesday after a shock 2-1 defeat at PAOK Salonika.
Big Brother Naija, BBNaija housemate, Laycon has reacted to his emergencies as a finalist of season 5.
The three marketing communication outfits that jointly created the Nigeria @60 logo, Chain Reactions Nigeria, TBWA Africa and The Temple Management Company have refuted rumours making the rounds in social media that the logo was plagiarised.
The Federal Capital Territory Administration (FCTA), and National Agency for the Prohibition of Trafficking in Persons (NAPTIP) have signed a Memorandum of Understanding (MoU), for the management of FCT Women Rehabilitation Centre.