BUSINESS
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N950m Fraud: Court Reserves Ruling on Application Challenging its Jurisdiction Till Feb. 16
Justice Ismail Ijelu of Ikeja High Court will rule on February 16th on whether the court has the jurisdiction to…
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Land Broker Landed in Prison Over Libel Charges
Kingsley Nwankwo, a land broker, has been arrested and remanded in custody by the Lagos police for allegedly making slanderous…
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Controversial White Sand Market: Court Grants Parties Extension of Time To Reconcile
Lagos State High Court sitting in Ikeja has extended the deadline for the Lagos Mainland Local Government to hold a…
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Automobile Dealer Rasaki Adeyiga Sentence To 7yrs Imprisonment Over 24m Naira Fraud
Rasaki Adeyiga, a car dealer, has been sentenced to 7 years in prison for committing a 24 million Naira fraud.
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P&ID Gas Contract Saga: UK Court Exonerate Nigeria of $11 Billion Arbitration Award
Nigeria has won its legal case against Process & Industrial Developments, P&ID, Limited in a UK court. This means that…
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Court Grants Mainland LG Extension of Time For Reconciliation With Traders Over Market Possession
An Ikeja High Court has approved an extension of time for Lagos Mainland Local Government to hold a reconciliation meeting…
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White Sand Market Traders Drag LG Authority to Court over Alleged Land Grabbing
Justice Akinkunmi Idowu of the High Court of Lagos State, Ikeja, has fixed September 28, 2023, to entertain a suit…
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Globalcom Appeal To Upturn N2bn Arbitral Award Payment Hits Brick Wall
Attempts by Globacom Limited, to upturn an arbitral award of N2, 033,561,222.53 billion, made by Justice Mohammed Liman, of a…
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FBN Holdings Approach Appeal Court To Vacate Ex-parte Order Restricting AGM
FBN Holdings Plc has approached a Court of Appeal in Lagos, to vacate an ex-parte order granted by Justice Nicholas…
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Euro-Waf & Aurum Ship Mgt. Companies Face $261.5M Deal Messy
A Singaporean Company, Prime Royal Shipping PTE Limited has slammed a $261,500,000-million suit on two limited liability companies – Euro-Waf…
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