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UK Commercial Court

The Minister of Information and Culture, Alhaji Lai Mohammed has assured the international community that President Muhammadu Buhari’s new administration will be more determined in the fight against corruption.

P&ID scandal: Federal government to appeal $200 million conditional award for stay of execution

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.
Abubakar Malami

P&ID scandal: Federal government pleased with UK court stay of execution order

The Federal Government has expressed pleasure with the UK Court Stay of Execution Order of the $9.6bn judgment it delivered in favour of Process and Industrial Developments in August.

UK Judge: Nigeria must pay $200 million to stay execution of $9.6 billion judgment...

Reprieve came the way of Nigeria on Thursday as a UK Commercial Court granted a stay of execution of the $9.6 billion judgment debt made against the country over a botched gas contract.

Nigeria to shift battle over $9.6 billion judgment debt to UK appeal court

The battle between Nigeria and Process and Industrial Developments (P&ID) over the bid to stop the company from attaching the country’s assets to recoup the $9.6 billion arbitral claim it secured last month, is set to shift to the United Kingdom Appeal Court.

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Lagos Assembly proposes N20 million licence fee for lottery, betting operators

The Lagos State House of Assembly says a bill that will make operators of lottery, pools and betting in the state to pay N20 million as licence fees to the state government is underway.
Facebook is launching a new digital platform that will let event organizers create paid online events to try to fill the gap created by the COVID-19 pandemic, the social media giant announced on Friday.

Facebook accuses the ‘Apple tax’ of stifling its plan to help struggling small businesses

Facebook is launching a new digital platform that will let event organizers create paid online events to try to fill the gap created by the COVID-19 pandemic, the social media giant announced on Friday.
The Managing Director of Cross River Basin Development Authority has been suspended from office by the board of the agency.

Cross River Basin Authority managing director suspended

The Managing Director of Cross River Basin Development Authority has been suspended from office by the board of the agency.

PDP reconstitutes Kaduna caretaker committee

The National Working Committee (NWC) of the Peoples Democratic Party (PDP), acting on behalf of the National Executive Committee (NEC), has reconstituted the Kaduna State Caretaker Committee.
Miley Cyrus

Miley Cyrus: How I lost my virginity to Liam Hemsworth at 16

American singer and songwriter, Miley Cyrus, says she lost her virginity to her ex-husband, actor Liam Hemsworth at the age of 16.