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Investment Tribunal Resolves N1 Trillion In Securities Disputes, Boosts Investor Confidence

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Investment Tribunal Resolves N1 Trillion In Securities Disputes, Boosts Investor ConfidenceThe Investment and Securities Tribunal (IST) has resolved capital market disputes valued at nearly N1 trillion since its inception in 2003, according to Mr. Amos Azi, the tribunal’s chairman. Speaking to journalists, Azi emphasized the tribunal’s significant role in enhancing investor confidence through the amicable resolution of capital market disagreements.....KINDLY READ THE FULL STORY HERE▶

Azi highlighted the tribunal’s efficiency, stating, “Since the inception of the Investment and Securities Tribunal (IST) in the year 2003, we have been able to resolve disputes from transactions in the capital market to the tune of almost a trillion Naira. In the last year alone, we have resolved disputes valued at N17 billion.”

He also praised the tribunal’s judicial efficacy, noting that its judgments are rarely overturned on appeal. “The courts have made tremendous progress, especially in providing judgments on disputes. Our decisions are seldom overturned at the Appellate Court,” Azi said.

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The IST distinguishes itself within Nigeria’s judiciary by resolving cases within three months, in contrast to other courts where cases often remain pending for years, adversely affecting business operations. Azi underscored the tribunal’s commitment to swift justice, which is crucial for maintaining a healthy investment climate.

In its quest for efficiency, the IST has modernized its processes, enabling aggrieved parties to electronically file suits from any part of the world. This digital transformation ensures prompt attention to cases, aligning with the tribunal’s goal of quick and fair resolutions.

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Mr. Emmanuel Chukwuorji, the Director of Planning, Research, and Statistics, also noted the tribunal’s impact, stating that over 300 cases have been resolved since its inception. “The IST is a creation of the Capital Markets Committee, and over the years, we have added significant value to the development of the Nigerian capital market. Our judgments are thorough and rarely overturned, which enhances investor confidence,” Chukwuorji added.

The IST’s efforts have not only resolved high-value disputes but also reinforced the legal framework supporting Nigeria’s capital market, making it more attractive to investors by ensuring that disputes are handled efficiently and judiciously.

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UNIABUJA Honours Odili, Ali, Issa As 17,300 Students Graduate.

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Yakubu Gowon University (formerly University of Abuja) has graduated 17,300 students at its combined 29th and 30th convocation ceremonies held on Saturday at the main campus.....KINDLY READ THE FULL STORY HERE▶

The university also conferred honorary Doctorate Degrees on Paul Odili, Founder and CEO of Paulo Group of Companies; Prof. Yusuf Ali, SAN; and Emmanuel Issa, in recognition of their contributions to society.

Vice Chancellor, Prof. Hakeem Fawehinmi, said the honourees were selected based on their character, achievements, and commitment to excellence.

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He urged graduating students to focus on what they can contribute to national development, stressing that character, discipline, and integrity would determine their success beyond the classroom.

According to him, certificates may open doors, but personal values and conduct will shape long-term achievements.

The Vice Chancellor also reminded the graduates to uphold the reputation of the institution wherever they go.

Fawehinmi disclosed that the 29th convocation covered the 2022/2023 academic session, while the 30th covered 2023/2024, with thousands graduating across undergraduate and postgraduate programmes.

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Speaking after receiving his honorary award, Dr. Odili dedicated the recognition to Nigerians with dreams and encouraged young people to remain persistent in pursuing their goals.

He also pledged support for the university, promising collaboration aimed at addressing key challenges facing the institution.

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FG Bans Importation Of Paracetamol, Metronidazole And Other Medicines.

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The Federal Government has released an updated list of items banned from importation into Nigeria, in a move aimed at protecting local industries and reducing pressure on foreign exchange.....KINDLY READ THE FULL STORY HERE▶

The revised prohibition schedule, dated April 1, 2026, outlines 17 broad categories of goods that are no longer allowed into the country through any entry point.

According to the Federal Ministry of Finance, the policy affects a wide range of products, including food items, pharmaceuticals, household goods, and industrial materials.

One of the most notable aspects of the list is the ban on several widely used medicines under specified HS codes, including paracetamol, metronidazole, cotrimoxazole, chloroquine, aspirin, folic acid, and some vitamin supplements. The government says these are now to be produced locally.

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The restriction also covers pharmaceutical waste, which remains completely prohibited.

In the agriculture and food sector, the importation of poultry, pork, beef, and eggs remains banned, although an exception was made for hatching eggs used for breeding and research purposes.

Retail-packaged vegetable oils, sugar products, cocoa derivatives, tomato paste, and certain bottled water products are also included in the import restrictions, with emphasis on encouraging local production.

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The policy further bars detergents, soaps, ballpoint pens and refills, cement, certain fertilizers, packaging materials, and specific steel and glass products.

The Nigeria Customs Service has been directed to enforce the new rules strictly, with importers and businesses advised to comply fully to avoid seizure of goods and penalties.

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Momodu Defends Atiku Amid Age Criticism Ahead Of 2027 Presidential Contest.

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ADC chieftain and publisher, Dele Momodu, has dismissed calls for former Vice President Atiku Abubakar to withdraw from the 2027 presidential race, describing the push as unfair and politically motivated.....KINDLY READ THE FULL STORY HERE▶

Momodu was reacting to comments by activist Zekeri Idris Jnr, a supporter of Peter Obi, who urged Atiku to step aside over concerns about his age, which would be about 80 by 2027.

In a post on his X handle on Saturday, Momodu said attention should be focused on holding the government accountable rather than targeting Atiku’s political ambition.

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The exchange followed a viral video where Idris insisted that Atiku should support younger aspirants instead of contesting, arguing that voters would not back an elderly candidate.

Idris also suggested that Atiku should act as a statesman and support younger politicians such as Rabiu Musa Kwankwaso and others.

Responding, Momodu cited several world leaders who held office at advanced ages, arguing that experience should not be dismissed in leadership discussions.

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He questioned what should disqualify Atiku from contesting, insisting that age alone is not a valid reason.

Atiku, who lost the 2023 presidential election to President Bola Tinubu, is reportedly considering another run in 2027 under the African Democratic Congress (ADC).

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