Law Archives — Page 3 of 3 — City Business News

November 22, 2017 No Responses

Ex Firstbank staff in court over alleged N7.1m fraud

An ex-banker, Anthony Akhogie, was on Tuesday brought before an Igbosere Magistrates’ Court in Lagos for allegedly defrauding First bank of N7.1 million. Akhogie, 26, who resides at Mushin area of Lagos State is facing three-count charge of conspiracy, forgery...

June 1, 2017 No Responses

Senate Scraps Customs Board

The Senate chamber of Nigeria’s National Assembly on Wednesday scrapped the Governing Board of the Nigerian Customs Service (NCS), replacing it with the establishment of the Nigerian Customs Commission. The development follows a clause by clause considera...

December 7, 2016 No Responses

Egypt arrests ‘organ trafficking ring’

(BBC) Egyptian authorities have arrested doctors, nurses and professors suspected of being involved in an international organ trafficking ring. The arrests of at least 25 people on Tuesday also included organ buyers and middlemen, the country’s Admini...

December 5, 2016 No Responses

FG bans importation of vehicles through land borders

Importation of vehicles into Nigeria through the land Borders have been banned by the Federal Government. The prohibition order covers all new and used vehicles. A statement issued by the Nigeria Customs Service (NCS) Public Relations Officer, Mr Wale Adeniy...

November 19, 2016 No Responses

Trump settles Trump University lawsuits for $25m

Donald Trump has settled three Trump University lawsuits for $25m (£20m), the New York Attorney General has said. The US president-elect was being sued by former students who paid $35,000 (£28,000) for real estate “secrets” from his “hand-p...

October 24, 2016 No Responses

NJC bars judges from accepting gifts

The National Judicial Council (NJC) has barred Judges and other Judicial officers from accepting gifts. NJC has also outlined new measures to curb corruption and other unethical conduct among judicial officers and other court staff. The measures form part.....

October 10, 2016 No Responses

‘Arrest of Judges was attack on corruption, not Judiciary’

The Federal Government has described the arrest of some Judges by the Department of State Securities (DSS) as an attack on corruption not Judiciary. In a statement at the weekend, the Senior Special Assistant to the President on Media and...

October 9, 2016 No Responses

NBA demands release of Judges

THE Nigerian Bar Association (NBA) yesterday declared a state of emergency in the judiciary over the arrest of some Judges over alleged corruption. Addressing Journalists in Lagos, NBA also declared state of emergency emergency in the Judiciary. NBA presi...

October 7, 2016 No Responses

SEC explains waiver, 80 % compliance to Rules and Regulations

Section 60(1) of the Investment and Securities Act, 2007 requires that “a public company whose securities are required to be registered under the Act shall file with the Commission on a periodic or annual basis its audited financial statements and...

October 3, 2016 No Responses

Nmanani, 23 others to review electoral laws

A 24-member committee has been raised by the Federal Government to review the nation’s election process and suggest ways of improvement. Under the leadership of former Senate President Ken Nnamani, the committee is to produce a new electoral framework, wor...

September 16, 2016 No Responses

Anxiety at Customs as Court rules on Ali’s qualification today

Barring any last minute adjustment, judgment will be delivered today in a suit challenging the appointment of Col Hameed Ali (rtd) as the Comptroller-General of the Nigeria Customs Service (NCS). The suit was instituted in November 2015 at a...

September 14, 2016 No Responses

Protest Rocks Zimbabwe

(CNN) Zimbabwe has known only one leader since independence. First as prime minister, then president, there has only been Robert Mugabe at the top for the last 36 years. There have been challenges, opposition and violence, but the 92-year-old leader...