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Dele Farotimi's Bail Request Denied, New Developments in Nigeria's Legal and Economic Landscape
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Dele Farotimi's legal battle intensifies as a magistrate court in Ado-Ekiti denies his bail application, with a ruling on December 20th. Farotimi, facing defamation charges, has been remanded in prison custody. Meanwhile, Omoyele Sowore condemns Peter Obi’s visit to Afe Babalola, accusing him of undermining the fight against judicial corruption. In economic news, Nigeria faces a concerning decline in foreign investments, with 32 states attracting zero capital inflows. Meanwhile, President Tinubu appoints Shamseldeen Ogunjimi as Acting Accountant General. Lastly, former Kogi Governor Yahaya Bello is remanded in Kuje prison over money laundering charges.
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