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Category: Sportlight

Liz Truss vows tax cuts after winning as next British PM 
September 5, 2022
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| Foreign Relations, Slider, Sportlight, Uncategorized

British Prime Minister-elect, Liz Truss. By Advocatenewsng.com. LIZ Truss will become Britain’s next Prime Minister after winning a leadership race for the governing Conservative Party on Monday, vowing to press ahead with promised tax cuts and action to tackle a deepening energy and cost of living crisis. After weeks of an often bad-tempered and divisive leadership contest, Truss, currently the foreign minister and the favourite to win, beat former finance minister Rishi Sunak in a vote of Conservative Party…

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AGA-Africa trains lawyers on Cryptocurrency, Digital Assets
September 4, 2022
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| Judiciary, Slider, Sportlight

Participants at the AGA-Africa organised two-day training workshop for lawyers on Cryptocurrency and Digital Assets…… at Federal Palace Hotel, Victoria Island, Lagos on Thursday last week. By Advocatenewsng.com. ATTORNEY General Alliance – Africa, a non-governmental, political or profit oriented organisation spread across the globe and working in partnership for justice has concluded a two-day training workshop for a select few privileged members of the Nigerian Bar Association, (NBA) on the use of Cryptocurrency and Digital Assets. The aim, according…

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Fidelity Bank posts impressive H1 2022 results, as profits hit N25.1b, proposes 10k interim dividend per share
September 2, 2022
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| Business, Sport, Sportlight

MD/CEO, Fidelity Bank Plc, Mrs. Nneka Onyeali-Ikpe. By Advocatenewsng.com. ONE of the leading financial institutions in Nigeria, Fidelity Bank Plc, has released its H1 2022 results recording a remarkable 21.6% growth in profit to N25.1billion as well as decent growth in most key ratios. According to the report released on the Nigerian Stock Exchange (NGX) on Tuesday, 30 August 2022, the bank grew Total Deposits by 13.1% YTD to N2,290.1b from N2,024.8bn in 2021FY, driven by double-digit growth in low-cost deposits. Low-cost…

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Ayu vows not to step down as PDP chairman, Wike blows hot
August 31, 2022
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| Politics, Slider, Sportlight

Governor Wike of River State (left) and PDP chairman, Iyorchia Ayu. By Advocatenewsng.com. THE National Chairman of the Peoples Democratic Party, Sen. Iyorchia Ayu, has disclosed that he is not bothered about the calls for his resignation, saying the proponents of such moves are youngsters who do not have a grasp of the goals of the party when it was formed. Ayu said that PDP members and stakeholders elected him based on the laid down rules of the main…

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Fidelity Bank indicates plan to acquire Union Bank, UK
August 31, 2022
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| Business, Slider, Sportlight

MD/CEO, Fidelity Bank Plc, Nneka Onyeali-Ikpe. By Advocatenewsng.com. A leading financial institution, Fidelity Bank Plc, has intimated the public of its proposed acquisition of Union Bank, UK as part of its expansion plans. In a regulatory filing issued on the Nigeria Exchange (NGX) on Tuesday, 30 August 2022, the bank stated that it has entered into a binding agreement for the acquisition of 100% equity stake in Union Bank United Kingdom Limited, for which the Central Bank of Nigeria…

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Ngige writes Adamu on status of ASUU/FG negotiation, as strike goes indefinite
August 29, 2022
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| Education, Slider, Sportlight

Labour and Employment Minister, Senator Chris Ngige. By Advocatenewsng.com. AS the Academic Staff Union of Universities, ASUU extends its ongoing strike indefinitely, indications emerged on Monday that the Minister of Labour and Employment, Senator Chris Ngige has written to the Minister of Education, Mallam Adamu Adamu to get the situation report on the negotiation between the leadership of the university lecturers and the ministry. ASUU had in the early hours of Monday resolved to extend the strike despite the…

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Court stops NBC from shutting down broadcast stations
August 29, 2022
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| Judiciary, Slider, Sportlight

By Advocatenewsng.com. THE Federal High Court in Lagos has stopped President Muhammadu Buhari and the National Broadcasting Commission from revoking the licenses of 53 broadcast stations in the country, and shutting down the stations for allegedly failing to renew their licenses. Justice Akintayo Aluko (Court 8) on Monday, granted an order of interim injunction following the hearing of an argument on motion exparte by the Socio-Economic Rights and Accountability Project, (SERAP) and the Nigerian Guild of Editors, (NGE). SERAP…

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Crude theft: How security operatives, govt officials run bunkering cartel, Govt sets Tompolo against big oil thieves to outwit the powerful players?
August 27, 2022
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| Economy, Slider, Sportlight

•How Sylva, NNPC Kyari brokered new deal; the Senator Omo-Agege connection •Misguided backlash from Arewa youths,  counter attack •Ex-militant leader to collaborate with JTF, engage ex-agitators, stakeholders “It is indeed disturbing that under the APC administration, according to official reports, oil thieves are having a field day stealing up to 400,000 barrels of crude oil every day. This amounts to a daily siphoning of about $40m ..”There is no way they will arrest the big-time oil thieves under the…

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Nigerian musician, Naira Marley’s ex-lawyer sentenced to two years in prison over N4m bribe
August 26, 2022
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| Judiciary, Slider, Sportlight

Popular Nigerian musician, Naira Marley. By Advocatenewsng.com. JUSTICE Oluwatoyin Taiwo of the Ikeja High Court in Lagos State sentenced Taiwo Oreagba, a former lawyer to a Nigerian singer, Naira Marley, to two years in prison on Friday for inducing the operatives with N4million bribe. After a two-year trial, Justice Taiwo found Oreagba guilty. Oreagba previously defended “Am I a Yahoo boy?” singer Naira Marley in his ongoing alleged internet crime-related prosecution. The judge said that Oreagba had not refuted…

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Atiku meets Wike in London seeks support, as Obasanjo pushes for Obi’s agenda
August 26, 2022
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| Politics, Slider, Sportlight

Atiku Abubakar, Governor Nyesom Wike of Rivers State, Governor Makinde of Oyo State and Adamu Fintiri of Adamawa State in London yesterday. By Advocatenewsng.com. THE Peoples Democratic Party’s presidential candidate, former Vice-President Atiku Abubakar, on Thursday met with the Rivers State Governor, Nyesom Wike, in London as part of efforts to resolve the crisis with the governor. The PUNCH gathered that Atiku pleaded with Wike to support him in the 2023 presidential election. A close associate of the governor,…

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