A federal high court in Ikoyi, Lagos, has restrained the directors of Shoprite from selling the company’s shares or assets until the satisfaction of the judgment debt. The …
Category:
Law
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BankingFinanceLawNews
FCT High Court dismisses FHT Mega Express suit against Parallex Bank & awards cost of N500,000 against the company in favour of the Bank
by Reporterby ReporterThe Federal Capital Territory High Court has dismissed in its entirety the suit filed by the logistics firm, FHT Mega Express Limited against Parallex Bank Limited, wherein the company claimed …
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LawNewsTransportation
Air Peace suit dismissed as court upholds FCCPC ‘unrefunded ticket’ summons
by Reporterby ReporterThe Federal High Court in Abuja on Monday dismissed the suit filed by Air Peace Limited seeking to restrain the Federal Competition and Consumer Protection Commission (FCCPC) from issuing summons …
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InternationalLawNews
Assessing slip and fall Lawyer Credentials in Las Vegas
by Reporterby ReporterIn Las Vegas, the prevalence of slip and fall incidents highlights the importance of working with a proficient lawyer specialised in such cases. Recent reports indicate that these accidents rank …
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LawNewsPolitics
JUST IN: Court orders arrest of PDP’s factional chairman Turaki
by Reporterby ReporterA High Court of the Federal Capital Territory (FCT) sitting in Maitama has issued a bench warrant for the arrest of the factional National Chairman of the Peoples Democratic Party …
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LawNews
FULL LIST: Alao-Akala’s properties in Nigeria, UK, US subject of family dispute
by Reporterby ReporterA dispute over the estate of Adebayo Alao-Akala, former governor of Oyo state, has revealed an extensive list of properties linked to the late politician. The development follows …
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LawNews
Court freezes accounts linked to Petrocam, director for alleged N9bn debt
by Reporterby ReporterThe Federal High Court in Lagos has ordered the freezing of accounts linked to Petrocam Trading Nigeria Limited and its principal, Patrick Ilo, over an alleged N9.05 bn debt owed …
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EconomyLawNews
Nigeria’s new tax laws could create the world’s first AI-native tax system by Yvonne-Faith Elaigwu
by Reporterby ReporterThere is a woman I often think about when discussions turn to Nigeria’s new tax laws. She sells ewa agoyin from a small canteen in Ogba. She opened a bank …
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LawNews
How AMCON boss, Kuru, diverted Arik Air funds to settle insurance cover for Umza Airline – witness
by Reporterby ReporterJustice Mojisola Dada of the Special Offences Court sitting in Ikeja, Lagos, on Wednesday, was told how the Asset Management Corporation of Nigeria (AMCON), under the management of Ahmed Lawan …
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LawNews
Court places petroleum company under administration over $2.6m debt claim
by Reporterby ReporterThe Federal High Court of Nigeria in Lagos has stepped into the affairs of AMNI International Petroleum Development Company Limited, placing the oil firm under court-supervised administration following a fresh …