Commercial Law

Optimum Petroleum Clears Air on OPL 310

Optimum Petroleum Clears Air on OPL 310

Optimum Petroleum Development Company Limited (OPDCL) at the weekend cleared the air on its dispute with Afren Investment Oil and…
Court adjourns Ecobank’s debt recovery suit against Otudeko till June 6

Court adjourns Ecobank’s debt recovery suit against Otudeko till June 6

The Federal High Court sitting in Lagos Thursday adjourned till June 6, to decide on how to proceed with the…
Sterling bank sues Hudson Petroleum over N2bn subsidy debt

Sterling bank sues Hudson Petroleum over N2bn subsidy debt

Hudson Petroleum Limited Company  has been dragged before a Federal High Court sitting in Lagos by Sterling bank Plc alongside…
Immigration withdraws suit against Seplat Energy Plc

Immigration withdraws suit against Seplat Energy Plc

The Nigerian Immigration Service(NIS) has filed a notice of withdrawal of the Charge which it filed against Seplat Energy Plc…
Lawyers warn Malami over re-award of e-customs modernization project

Lawyers warn Malami over re-award of e-customs modernization project

Two Senior Advocates of Nigeria have asked the Attorney General of the Federation, Abubakar Malami to obey a court order…
Bankruptcy: Court adjourns Ecobank’s suit against Otudeko till July 4

Bankruptcy: Court adjourns Ecobank’s suit against Otudeko till July 4

The Federal High Court sitting in Lagos has fixed July 4 for hearing in the bankruptcy suit filed by Ecobank…
Lawyer institutes contempt proceedings against Emefiele over naira redesign

Lawyer institutes contempt proceedings against Emefiele over naira redesign

A Lagos-based activist-lawyer, Tope Alabi, has approached the Federal High Court in Lagos for leave to initiate contempt proceedings against…
Court gives Wema bank 60 days ultimatum to render account of receivership on hotel

Court gives Wema bank 60 days ultimatum to render account of receivership on hotel

A Federal High Court in Lagos has given Wema Bank 60 days to render an account of the receivership of…
Court dismisses breach of contract suit against Maersk Eindhoven

Court dismisses breach of contract suit against Maersk Eindhoven

The Federal High Court sitting in Lagos has dismissed a breach of contract suit filed by a businessman, Jovison Chukwuogu,…
N13bn Debt: GT Bank Appeals ruling, alerts Police to avoid unlawful activities

N13bn Debt: GT Bank Appeals ruling, alerts Police to avoid unlawful activities

Guaranty Trust Bank (GTB), and a receiver/manager, Gbenga Akinde-Peters and have approached the Lagos Division of the Court of Appeal,…
Court halts FG’s concession plans on MMIA, cargo terminals pending outcome of Sifax suit

Court halts FG’s concession plans on MMIA, cargo terminals pending outcome of Sifax suit

Justice Ambrose Lewis-Allagoa of a Federal High Court in Lagos has ordered that further action on the Federal Government’s planned…
Court orders police to produce Ajetunmobi over N15.5bn debt

Court orders police to produce Ajetunmobi over N15.5bn debt

The Lagos High Court sitting in Osborne, Ikoyi has granted an application compelling the police to produce a judgment debtor,…
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