Supreme Court Upholds AMCON’s ₦22 Billion Sale Of Lagos Continental Hotel
The Supreme Court of Nigeria has upheld the sale of Lagos Continental Hotel by the Asset Management Corporation of Nigeria (AMCON) for ₦22 billion. The ruling ends a long legal battle with the hotel’s former Indian owner, who challenged the transaction. AMCON had taken control of the hotel after debts tied to the property were […]
BREAKING: Diamond Bank founder, Pascal Dozie is dead
Pascal Gabriel Dozie, the man who started the former Diamond Bank Plc in Nigeria, has passed away. He died on Tuesday, April 8, 2025, just one day before his 86th birthday. He was 85 years old. Reports say he had been dealing with an illness related to old age. Pascal Dozie was well known in […]
Lawmaker Accuses CBN of Undermining Tinubu’s Government Efforts
Hon. Emmanuel Uguru, a member of the Nigerian House of Representatives representing Abakaliki/Izzi Federal Constituency in Ebonyi State, has accused the Central Bank of Nigeria (CBN) of sabotaging President Bola Tinubu’s efforts to improve the country’s economy. The lawmaker argues that the CBN’s implementation of e-payment and harsh cashless policies is making life even harder […]