Monday, March 8, 2021

Court awards N10.6m against NNPC for blocking road

A Federal High Court in Abuja on Monday awarded the N10.6m damages against the Nigerian National Petroleum Corporation for unlawfully blocking part of the...

Illegal Deduction: Access Bank, staff set for arraignment

The arraignment of a bank worker, Olawunmi Audu, and Access Bank in a case of alleged unlawful deduction of N197.2 million from Chimex Aluminium...

Alleged Oil Loss: Court blocks Shell’s bank accounts

The Federal High Court in Lagos has given an interim injunction directing Nigerian banks to block the accounts of Shell Petroleum Development Company of...

Cryptocurrency Ban: Lawyers drag CBN, SEC to court

The Digital Rights Lawyers Initiative, DRLI, has approached the Federal High Court in Lagos to challenge the Central Bank of Nigeria and Securities and...

Court strikes out case against CBN’s directives on bank charges

The Central Bank of Nigeria on Tuesday, said the Federal High Court sitting in Abeokuta, Ogun State Capital, dismissed a suit instituted by a...

Court issues arrest warrant for head of ExxonMobil Nigeria

A federal court in Abuja has signed off on a warrant to arrest the head of oil major ExxonMobil in Nigeria to compel him...

NNPC cooperative leadership tussle heads for Appeal Court

The Nigerian National Petroleum Corporation Staff Multipurpose Cooperative Society, Abuja on Wednesday said it would challenge the judgment of the Federal Capital Territory High...

Court orders breweries depot in Ondo shut over N169m debt

An Ondo State High Court, sitting in Akure, has ordered the Nigerian Breweries Plc to pay a sum of N169.175m as the haulage fees...

Indian parliament introduces bill to ban private cryptocurrencies

The lower house of Indian parliament, the Lok Sabha, will introduce “The Cryptocurrency and Regulation of Official Digital Currency Bill, 2021,” according to a...

Appeal Court unfreezes Seplat’s accounts, suspends Mareva order

The Court of Appeal, Lagos Division on Friday suspended an order of Mareva injunction which froze the accounts of an oil firm, Seplat Petroleum...

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