Commercial Law

Latest Commercial Law News

Court orders interim forfeiture of Petrocam, Patrick Ilo’s Accounts Over Alleged N9.05bn Debt

...highlights Pre-Loan Conditions and Systemic Enforcement. A Federal High Court, Lagos has…

Ogunsakin Mustapha Ogunsakin Mustapha

Appeal court quashes N38bn judgement against CBN in Paris Club refund dispute

The Court of Appeal, Abuja Division, on Friday, February 20, 2026, set…

Ogunsakin Mustapha Ogunsakin Mustapha

Woobs Resources Ownership: Appellate Court Decision Valid Despite Criminal Proceedings

A clarification has been issued over the legal status of Woobs Resources…

Ogunsakin Mustapha Ogunsakin Mustapha

Nigerian banks move to meet CBN’s March 31 re-capitalization deadline

The Nigerian Banking Sector is currently making every move to meet the…

Ogunsakin Mustapha Ogunsakin Mustapha

NGX Regulation, SEC probe allegations of shares fraud

...NGX Regulation gives Global Assets Management Limited 10 days to resolve allegations…

Ogunsakin Mustapha Ogunsakin Mustapha

Court dismisses suit against MTN over copyright claims

Justice Ayokunle Olayinka Faji of the Federal High Court, Lagos, has dismissed…

Ogunsakin Mustapha Ogunsakin Mustapha

AMCON Accuses GHL of Concealing Receiver’s Appointment in $717m Debt Dispute

A fierce legal battle is unfolding at the Federal High Court as…

Ogunsakin Mustapha Ogunsakin Mustapha

ShopRite Faces Legal Action Over N1.76 Billion Judgment Debt

Retail Supermarkets Nigeria Limited (RSNL) (ShopRite) is facing urgent legal action over…

Ogunsakin Mustapha Ogunsakin Mustapha

Court grants substituted service against Obaigbena, others over defiance of receivership orders

The Federal High Court in Lagos has authorised General Hydrocarbons Limited (in…

Ogunsakin Mustapha Ogunsakin Mustapha

Court Freezes Plural Oil’s Accounts over N3.1bn and $835,000 Debt to Providus Bank

as EFCC investigates diversion. Justice Akintayo Aluko of the Federal High Court…

Ogunsakin Mustapha Ogunsakin Mustapha

FCMB takes over head office of Bankers Warehouse over N4.4bn debt

In compliance with orders issued by Justice Chukwujekwu Joseph Aneke of the…

Ogunsakin Mustapha Ogunsakin Mustapha

Lagos cites National Assembly for contempt over passage of Central Gaming Bill

Lagos State has approached the Supreme Court seeking leave to commence contempt…

Ogunsakin Mustapha Ogunsakin Mustapha