Members of the Senate Committee on Capital Market on Tuesday , 17 February, 2026 questioned the management of the Investments and Securities Tribunal over the expenditure of N16 million on cleaning and fumigation services in 2025. The News Agency of Nigeria reports that the IST is a specialised fast-track civil court established under the Investments and Securities Act 2007 (amended in 2025) to resolve capital market disputes. It provides expert adjudication for investors and market operators, with appeals lying at the Court of Appeal. Chairman of the tribunal, Aminu Junaidu, disclosed the figure when he appeared before the Senate committee,…
Author: Abimbola Ogunaike
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The Federal High Court of Nigeria on Tuesday, 17 February, 2026 announced a change in its administrative leadership following the elevation of its Chief Registrar, Sulaiman Amida Hassan, to the Bench, reports thegazellenews.com. The court’s Director of Information, Catherine Oby Christopher, through a statement issued on Tuesday said the Federal Judicial Service Commission at its 98th meeting held on Thursday, 22 January, 2026, approved the appointment of Yahaya Yakubu Shafa, FCArb, as Acting Chief Registrar of the Federal High Court “with effect from February 17, 2026.” The statement added that Shafa’s appointment “Follows the elevation of the outgoing Chief Registrar, Sulaiman…
Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has said Nigeria is playing an important role in Africa’s plan to create a single currency. Cardoso, through a statement released Abuja, explained that Nigeria is hosting the African Monetary Institute (AMI) and will later host the African Central Bank (ACB). This places Nigeria at the centre of Africa’s efforts to form a monetary union and introduce one common currency for the continent. Recently, at the 39th Ordinary Session of the Assembly of the African Union (AU), Nigeria was granted permanent membership on the Board of the AMI during the…
The Kano State Government, through the Director-General of the state Centre for Disease Control, Mohammed Adamu, on the night of Monday, 16 February, 2026 confirmed the death of one person and two additional infections following a Lassa fever outbreak in the state, reports thegazellenews.com. Lassa fever is an acute viral haemorrhagic illness endemic to West Africa, caused by the Lassa virus and primarily transmitted to humans through contact with food, surfaces, or household items contaminated by the urine or faeces of infected Mastomys rats. Common symptoms include fever, headache, general weakness, vomiting and, in severe cases, bleeding. About 25 per cent of…
The Anambra State Government has again closed some shops in markets around Onitsha for not opening on Monday, 16 February, 2026. It was gathered that most of the affected shops are in the building material market in Ogidi. Traders there did not open their shops for business on Monday, 16 February, 2026. However, the government praised many traders who opened their shops, especially those at the Electrical Parts Dealers Market in Obosi. The Governor’s Special Adviser on Markets, Evarist Uba, visited several markets to check if traders were following the government’s order to open for business on Mondays. At the…
The Lagos State Domestic and Sexual Violence Agency (DSVGA) has confirmed commencing investigation of a viral social media video in which a young woman recounted a sexual assault she suffered at her residence. The agency, via an official statement, said it has seen the reports and is actively working to reach the survivor to provide immediate support, intervention, and safety assistance. The statement also urged anyone with credible information that could help locate her safely to contact the agency through its official social media channels. “The Lagos State Government maintains a zero-tolerance stance against all forms of Domestic and Sexual…
In a historic first for Johns Hopkins Hospital, five African-American surgical residents, including Nigerian doctors, are leading trauma and acute care surgeries, breaking a 140-year barrier in one of the world’s most prestigious hospitals. According to ABC News, the residents are part of the hospital’s Trauma and Acute Care Surgery service, a high-pressure unit that handles emergency cases requiring immediate surgical intervention. The report confirms that this is the first time in the hospital’s nearly century-and-a-half history that African American residents, including Nigerians, have been entrusted with such leadership roles. The doctors making this landmark achievement are: Ivy Mannoh, Valentine…
The Ogun State Government has announced the clearance of pension and gratuity arrears owed to workers who retired between 2012 and 2020, reaffirming its commitment to the welfare of retirees. The state Economic Adviser and Commissioner for Finance, Dapo Okubadejo, disclosed this on Tuesday during a media parley organised by the Ogun State Ministry of Budget and Planning. Okubadejo explained that the backlog was linked to the Defined Benefits Scheme, under which retirees receive monthly pension payments, stressing that the present administration of Governor Dapo Abiodun has not defaulted on pension obligations since assuming office. “Since the inception of this…
As part of measures to increase food production and improve food security, Federal Government of Nigeria and the Bank of Agriculture have confirmed sharing over more than 2,000 tractors and heavy farming equipment with mechanised farmers across the country. The Minister of Agriculture and Food Security, Abubakar Kyari, and the Managing Director of the Bank of Agriculture, Ayodeji Sontinrin, confirmed the development in a report by the News Agency of Nigeria. The tractors were distributed under the Renewed Hope National Agricultural Mechanisation Programme (NAMP). The programme is supported by Heifer International and Heifer Nigeria. Its goal is to modernise farming…
Senator Orji Uzor Kalu on Tuesday, 17 disclosed that the National Assembly committee on harmonisation of the Electoral Act will meet today and finalise its decision on the bill. Orji, a former Governor of Abia state , made this disclosure on Tuesday during an interview on Channels Television’s Sunrise Daily. “Regarding the feedback from Nigerians about the Electoral Act amendment, I can tell you it is on track. We had an emergency sitting last week, and we are having another one today. We were originally supposed to resume on the 24th, possibly for budget hearings, but we have shut down…