Justice James Omotosho of the Federal High Court, Maitama, Abuja, on Monday, March 23, 2026, convicted and sentenced a former Acting Accountant General of the Federation, Chukwunyere Anamekwe Nwabuoku, to
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The federal government has approved the refinancing of approximately ₦4 trillion in power-sector debts owed to 27 generation companies for unpaid invoices dating from 2015 to 2023. According to Finance
Justice Chukwujekwu Aneke of the Federal High Court, Ikoyi, Lagos, has ordered the freezing of funds and assets valued at ₦448,263,172.41 in a debt recovery action filed by Keystone Bank
The Lagos Zonal Directorate 1 of the Economic and Financial Crimes Commission (EFCC), on Tuesday, March 31, 2026, re-arraigned the Managing Director of Nadabo Energy Limited, Abubakar Ali Peters, over
Justice Dehinde Dipeolu, sitting at the Federal High Court in Ikoyi, Lagos, on Wednesday ordered the appearance of 16 alleged contemnors, including top officials of Stanbic IBTC Bank Plc, over
President Bola Tinubu has approved a ₦3.3 trillion payment plan aimed at settling long-standing debts in Nigeria’s power sector, in a move expected to improve electricity supply and restore investor
The Federal Government has increased its planned borrowing for the 2026 fiscal year to ₦29.2 trillion, up by ₦11.31 trillion from earlier estimates, as lawmakers finalise the 2026 Appropriation Bill.
Justice Maryann Anineh of the Federal Capital Territory High Court, Maitama, Abuja, on Wednesday, March 25, 2026, admitted additional documents in evidence against former Minister of Power, Saleh Mamman, in
Justice Chukwujekwu Aneke of the Federal High Court, Ikoyi, Lagos, has fixed April 30, 2026, to rule on an application by Petrocam Trading Nigeria Ltd seeking to vacate an interim
Sadiya Umar Farouq and Bashir Nura Alkali were scheduled to be arraigned on Thursday before the court but failed to appear. Only the third defendant, Sani Nafiu Mohammed, was present
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