Fidelity Faces Bankruptcy As Supreme Court Orders Bank To Pay N225 Billion Damages To Nigerian Firm

Fidelity Bank is scrambling to stave off a looming insolvency after a Supreme Court panel found the top lender liable in a years-long tort dispute with a little-known general services venture operating out of Ibadan, Peoples Gazette heard from people familiar with the situation. The Lagos-based banking group has opened talks with lawyers representing Sagecom…

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Supreme Court Breaks Silence Over Claims That Justice Agim Accompanied Wike To UNICAL Convocation

The Supreme Court of Nigeria has dismissed reports suggesting that Justice Emmanuel Agim accompanied the Minister of the Federal Capital Territory, Nyesom Wike, to a convocation ceremony at the University of Calabar. In a statement on Monday, the apex court’s Director of Information and Public Relations, Akande Festus, clarified that Justice Agim attended the event…

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BREAKING: Supreme Court Reinstates Order Stopping Rivers Allocations, Orders Pro-Wike Lawmakers To Resume Sitting

The Supreme Court, on Friday, reinstated the judgement that barred the Central Bank of Nigeria, CBN, and the Accountant General of the Federation from releasing statutory monthly allocations to Rivers State. The apex court further ordered the Hon. Martins Amaewhule-led faction of the Rivers State House of Assembly and other elected members of the House…

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