The scheduled hearing of a criminal case filed by the Attorney General of the Federation (AGF) against Victor Ukutt, Whoba Ugwunna Ogo (who is reportedly at large), and a new generation bank was on Monday adjourned because the...
A Federal High Court Lagos, on Monday, adjourned until June 11, for continuation of settlement talks, in a suit against Chairman of the Honeywell Group, Oba Otudeko and others.
Justice Chukwujekwu Aneke adjourned the case for report of...
Justice Dehinde Dipeolu of the Federal High Court sitting in Lagos has ordered the final forfeiture of a storey building located at No. 26 Tolu Road, Olodi Apapa, in the Ajeromi Ifelodun Local Government Area of Lagos State.
The...
The Economic and Financial Crimes Commission (EFCC) has filed charges against a cryptocurrency trading platform, Afriq Arbitrage System (AAS), and its CEO, Jesam Michael, over alleged investment fraud involving $844,416.36, $10,000, and N590 million.
The seven-count charge was revealed in...
The Securities and Exchange Commission (SEC) has issued a stern warning to celebrities, social media influencers, and bloggers over the promotion of unregistered and fraudulent investment schemes.
The commission has also reminded the public that the recently signed Investments and...
A Lagos based businessman identified as Uzondu Precious Chimaobi has been sentenced to four years imprisonment for his refusal to accept the Naira as mode of payment for purchase of a Cartier diamond bracelet worth $5700
Chimaobi who is the...
Justice F. N. Ogazi of the Federal High Court sitting in Ikoyi, Lagos, has ordered the final forfeiture of 2,041,087,747 units of shares in Livingtrust Mortgage Bank Plc, formerly known as Omoluabi Mortgage Bank Plc, valued at N6,674,356,932.69.
The court...
Otudeko Obafemi Adedamola
Justice Deinde Dipeolu of a Federal High Court, Lagos, has fixed April 15, for hearing of the suit filed by Eco Bank Plc against Otudeko Obafemi Adedamola, a son to Oba Otudeko, and eight others, over 6,...
Justice Ibironke Harrison of a Lagos State High Court, sitting at Tafawa Balewa Square, on Monday ordered Access Bank Plc, Balmoral International Limited, Roosevelt Ogbonna, and DDSS International Company Limited, to appear before the court to take their plea...
Justice Alexander Owoeye of the Federal High Court in Lagos has ordered Zenith Bank Plc to pay Christomax Concept Limited and two others a total sum sum of N40, 631, 710 million, as general and aggravated damages for fraudulently...
A demonstrator holds a picture of jailed Kurdish militant leader Abdullah Ocalan at a rally in Diyarbakir, Turkey, in February
Outlawed Kurdish group the PKK,...
Corporate Accountability and Public Participation Africa (CAPPA) has called on the Federal Government to accelerate the formulation of regulations for enforcing salt targets in...
President Bola Ahmed Tinubu has said that his administration is committed to rule of law and the independence of the country’s judiciary.
The President, at...
