GIL Automations Gets Nod To Publish Winding Up Petition Of Eroton Exploration
The Federal High Court in Lagos has okayed GIL Automations Ltd’s application to advertise its petition for the winding up of an allegedly indebted oil firm, Eroton Exploration And Production Company Limited. Justice Akintayo Aluko authorised GIL Automations – the Petitioner/Applicant – to publish the winding up petition following the creditor’s motion on notice application. […]
First Bank Asks Court To Uphold Order Freezing GHL, Other Assets
First Bank of Nigeria Limited has urged the Federal High Court in Lagos to uphold an order freezing the assets and accounts of General Hydrocarbons Limited (GHL) and its related entities, pending the outcome of a substantive suit aimed at recovering a loan of $225.8 million extended to the oil company. The bank made the […]
Breaking! Alleged N12.3b Fraud: EFCC To Arraign Otudeko, Ex-First Bank MD Onasanya Monday
Justice Chukwujekwu Aneke of the Federal High Court in Lagos has fixed Monday, January 20, 2025, for the Economic and Financial Crimes Commission (EFCC) to arraign the Chairman of Honeywell Group, Chief Oba Otudeko and a former First Bank Managing Director Stephen Olabisi Onasanya for allegedly looting N12.3billion from First Bank. Nigerian Current reports that […]
Fed Govt Undermining Freedom Of Information Act, Says MRA
Media Rights Agenda (MRA) Wednesday accused the Federal Government of undermining the effectiveness of the Freedom of Information (FOI) Act by persistently under-funding its implementation, noting that only one per cent of federal public institutions have allocations in their 2025 budget proposals for FOI implementation and related activities. In a statement announcing the release of […]
Land Dispute: Iron Market Seeks Stay of Execution
The Ajebamidele Iron Market in Lagos has asked the Lagos High Court to suspend the execution of a judgment over the land on which the market is situated, pending the determination of its appeal at the Court of Appeal. Suing through six of its members, the market is praying for “An order of this honourable […]
Armed Forces Remembrance Day: Nigerian Leaders Pay Tribute to Fallen Heroes
By Esi-ife Arogundade Prominent Nigerian leaders and military chiefs gathered at the National Arcade in Abuja on Wednesday, January 15, 2025, to honour the nation’s fallen heroes during the annual Armed Forces Remembrance Day. President Bola Tinubu was represented by Vice President Kashim Shettima, who served as the special guest of honour at the event. […]
Meranda Elected First Female Lagos Speaker As Lawmakers Sack Obasa
The Lagos State House of Assembly Monday impeached Mudashiru Obasa as Speaker and elected his deputy, Mojisola Meranda in his place. Meranda, who took her oath of office immediately, is the first female speaker of the Lagos legislature in the state’s history. The lawmakers also dissolved all Principal Positions and Standing Committees appointed by the […]
$2.58m, N276m ‘Debt’: NOVA Bank Seeks Sunrise Products Wind Up
Nova Commercial Bank has petitioned the Federal High Court sitting in Lagos to grant an order winding up Sunrise Products Ltd for failure to liquidate an alleged $2,587,891.21 and N276,567,150.63 debt owed to the bank. The bank averred that Sunrise Products Ltd is bankrupt and, despite repeated demands by the creditor, which has also served […]
N600m Deal: Court Bars Patricia Technologies From 15 Hectares In Lagos
The Lagos High Court sitting at Yaba/Surulere has granted an order in favour of Veritasi Homes & Properties Ltd restraining Patricia Technologies Ltd from selling or dealing with 15.021 Hectares at Idera. Justice E. O. Ashade ruled that the order stands pending Veritasi Homes & Properties Ltd—the Claimant/Applicant—’s compliance with the Lagos State High Court […]
CAPPA Trains Bornu Journalists On Conflict-Sensitive Reporting
As part of its commitment to promoting citizen participation and non-violent engagement before, during, and post-election, Corporate Accountability and Public Participation Africa (CAPPA) has organised a two-day capacity-building training for media practitioners in Bornu State, on promoting peace during elections through conflict-sensitive reporting. The training, organized with the support of the European Union Support for […]