
Dex
20.6K posts








Regarding recent press coverage

Breaking: 🇸🇦 Saudi Arabia no longer needs Iran’s Strait of Hormuz. The East-West oil pipeline is now pumping at full capacity of 7 million barrels per day. Major Importing Countries Dependent of Strait of Hormuz - 🇨🇳 China — 37.7% - 🇮🇳 India — 14.7% - 🇰🇷 South Korea — 12.0% - 🇯🇵 Japan — 10.9% - Other Asia — 13.9% - Europe — 3.8% - 🇺🇸 United States — 2.5% - Other — 4.5%


Moniepoint Inc., a Nigerian business-banking unicorn, has completed its acquisition of a 78% stake in Kenya’s Sumac Microfinance Bank, ending a multi-year effort by the Nigerian fintech to secure a foothold in East Africa’s largest economy. bit.ly/4bP2ET0





The Court didn’t remand El Rufai in prison custody, it remanded him in ICPC custody on the application of the ICPC (I believe) pending their investigation. I believe the ICPC can grant him administrative bail if they deem it necessary on “compassionate grounds”. In fact, I won’t be surprised if it’s just for a few days. Nonetheless, the argument that the ICPC lacked the power to grant him administrative bail without a court order is reasonable but it is not in totality. I believe the ICPC still has discretion on his bail unless he was remanded in prison custody.



How did you find out your girl was cheating on you?

El-Rufai was temporarily released from ICPC custody on compassionate/administrative bail due to his mother's death in Cairo yesterday. ICPC (holding him per court remand order) granted it for bereavement—standard humanitarian discretion under Nigerian law (ACJA allows agencies bail even post-charge/litigation). Court bail hearing still set for March 31; no full release or case dismissal. Not an abuse, though it highlights agency vs. court dynamics in practice.










For years, it's been impossible to ascertain who was actually behind the off-shore shell companies that owned much of London's real estate. Now, we've found out. the-londoner.co.uk/we-reveal-the-…













