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Business

Disputed Debt: Court Fixes Further Hearing Of Honeywell/Ecobank Suit Oct. 21

editor - June 27, 2024

Justice Yelim Bogoro of a Lagos Federal High Court, has adjourned further hearing of all applications in the suit between Anchorage Leisures Limited, it's two sisters companies and Ecobank Nigeria Limited, over a disputed debt. Anchorage Leisure Limited's its sister...

Business

Ecobank Ordered To Pay Honeywell N72bn Damages

editor - July 20, 2023

A Lagos Federal High Court, presided over by Justice Liman, on Tuesday, ordered Ecobank Plc to pay a whooping sum of ‎N72.2 billion, to Honeywell Flour Mills Plc (HFMP) as damages. Justice Liman made the order on Tuesday, while delivering...

Business

Court Gives Ecobank Nod To Join Otudeko, Flour Mills in Debt Recovery suit

editor - June 26, 2023

A Lagos Federal High Court, today, granted Ecobank Plc, leave to join Dr. Oba Otudeko, Flour Mills of Nigeria Plc and Honeywell Group Limited as additional defendants to the counter-claim filed by the bank seeking to recover monies pursuant...

Business

Appeal Court Freezes Exparte Order Suspending Seplat CEO, Others

editor - May 15, 2023

Mr. Brown, Seplat's CEO The Abuja division of Appeal Court, today, granted an ex-parte application filed by Seplat Energy seeking to suspend the ruling of Justice Inyang Ekwo of an Abuja division of the Federal High Court, which suspended the...

Business

Seplat Asks Appeal Court To Set Aside Interim Order Over jurisdiction

editor - May 12, 2023

Indigenous energy company, Seplat Energy Plc, has asked the Abuja division of Court of Appeal, to set aside the judgement of Justice I. E. Ekwo of the Federal High Court Abuja which granted an ex-parte interim orders against the...

Business

N855m Fraud: EFCC Urges Court to Declare Pardon Granted to Convicted Indian, Others Illegal

editor - May 4, 2023

The Economic and Financial Crimes Commission (EFCC) has asked the Court of Appeal, sitting in Lagos, to declare the purported pardon granted to an Indian businessman, Ashok Israni and three others, by the Lagos State government as illegal, unconstitutional,...

Business

N855m Fraud: A’Court To Hear EFCC Objections Against Convicted Indian, Others April 4

editor - May 2, 2023

The Lagos division of Court of Appeal, has fixed May 4, for the hearing of the objections raised by the Economic and Financial Crimes Commission (EFCC) against the appeal filed by an Indian businessman, Ashok Israni and three others,...

Business

Court Fixes April 6, To Rule On Order Reversing SEPLAT’s CEO, Roger Brown, Sack

editor - March 30, 2023

Moves to vacate an interim ex-parte order restraining Mr. Roger Brown, from parading himself as the Chief Executive Officer of Seplat Energy Plc, suffered a setback Thursday, as the presiding judge, Justice Chukwuejekwu Aneke of a Lagos Federal High...

Business

Court Fixes Mar. 30 To Rule On Seplat CEO’s Suspension

editor - March 23, 2023

Mr. Roger Brown Justice Chukwuejekwu Aneke of a Lagos Federal High Court, today fixed March 30, 2023, to rule on several applications challenging the suspension of the Chief Executive Officer (CEO) of Seplat Energy PLC, Mr. Roger Brown, from...

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