NDC STATEMENT ON COURT RULING. (PHOTO). #PRESS RELEASE.

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 NDC STATEMENT ON COURT RULING Our attention has been drawn to a ruling by the Federal High Court sitting in Lokoja this morning, wherein His Lordship, Honourable Justice Isah Dashen, gave a ruling on an application filed by an unregistered association known as Peace Movement Party. The public knows that by December 2025, the Nigeria Democratic Congress  as an association complained of INEC’s refusal to register us as a political party, whereupon we proceeded to the Federal High Court. The Federal High Court upheld our constitutional right to freedom of association under the Constitution and compelled INEC to register us, which INEC did. Since then, we have started political activities, embarked on the registration of members, held congresses from ward to national levels, held conventions, and concluded primaries to all offices following INEC’s timetable. We have been fully participating in all INEC activities without let or hindrance. NDC also fielded candidates, and fully pa...
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UPDATE: RESOLUTE CEO STILL HELD IN MALI, DIPLOMATIC SOURCES SAYS, AS SHARES SUSPENDED. (PHOTO).

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 Resolute CEO still held in Mali, diplomatic sources say, as shares suspended


Resolute Mining, opens new tab CEO Terence Holohan and two other employees of the Australian company were still being detained in Mali on Thursday, two diplomatic sources there told Reuters.


Resolute said on Sunday that Holohan and the two other employees had been temporarily detained by government officials in the military-led West African country.


It has not provided any further update on the situation.


The executives were in Mali's capital Bamako to hold discussions with mining and tax authorities regarding general activities related to the company's business practices.


Resolute's shares fell as much as 8.1% to A$0.395 on Thursday, their lowest level since late March, after Bloomberg reported that the Malian military junta was seeking at least $161 million from the company to settle a dispute mainly concerning alleged back taxes.


Trading in Resolute shares was halted on the Australian Stock Exchange and the company said in a filing it "will provide further updates as and when appropriate".


In its statement on Sunday, Resolute said that the three executives had been discussing "unsubstantiated" claims made against the company during their meeting with the authorities.


Mali's junta adopted a new mining code in August 2023 allowing the country to increase its ownership of gold concessions and recoup what it said is a major shortfall in production revenue.


The move has strained relations with major gold mining conglomerates operating in Mali, which in addition to Resolute include Barrick Gold (ABX.TO), the world's second gold miner, and Canadian rival B2Gold.


Authorities in September briefly detained four Malian staff working for Barrick and have demanded at least $500 million in outstanding taxes and dividends. The two parties are in talks.

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