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The Makurdi High Court in Benue State has awarded N50 million as damages against the Nigerian Export-Import (NEXIM) Bank over the unlawful arrest and detention of its former Managing Director, Robert Orya, by the Economic and Financial Crimes Commission (EFCC) and the Inspector General of Police (IGP).
The court tongue-lashed the EFCC and the IGP “for turning themselves tools of persecution in the hands of the NEXIM Bank authorities”.
It ordered them to apologise to Mr Orya.
Mr Orya had filed the suit marked MHC/2393/2020, against the EFCC, the IGP, and NEXIM Bank, among others, accusing the defendants of breach of his fundamental human rights to freedom of movement and to own property.
By James Emejo
The Central Bank of Nigeria (CBN) has extended by two weeks, the deadline for Expression of Interest from qualified asset managers active in the infrastructure sector to manage the Infrastructure Corporation of Nigeria Limited (InfraCorp).
The extension was announced in a communiqué yesterday by CBN Deputy Governor, Economic Policy Directorate, Dr. Kingsley Obiora.
The apex bank said the deadline for the receipt of final proposals in response to the detailed Request for Proposals (RfP) has been moved to March 30 from March 16 earlier announced.
It, however, pointed out that the “process remains the same such that upon expression of interest through InfraCorp@cbn.gov.ng, the promoters shall share a detailed RfP document providing potential asset managers with the necessary information to prepare appropriate proposals in line with the promoters’ requirements.”