Legal & Regulations Archives - Nairametrics https://nairametrics.com/category/industries/legal-regulations/ Destination for Business news and analysis from Africa's largest economy Sun, 18 Aug 2024 05:45:00 +0000 en-US hourly 1 https://wordpress.org/?v=6.5.5 https://nairametrics.com/wp-content/uploads/2021/08/cropped-cropped-favicon-1.png?resize=75,75 Legal & Regulations Archives - Nairametrics https://nairametrics.com/category/industries/legal-regulations/ 32 32 201037849 CJN: Five landmark decisions by Kudirat Kekere-Ekun influencing Nigerian Court proceedings  https://nairametrics.com/2024/08/18/cjn-five-landmark-decisions-by-kudirat-kekere-ekun-influencing-nigerian-court-proceedings/ https://nairametrics.com/2024/08/18/cjn-five-landmark-decisions-by-kudirat-kekere-ekun-influencing-nigerian-court-proceedings/#respond Sun, 18 Aug 2024 05:45:00 +0000 https://nairametrics.com/?p=496024 The Supreme Court of Nigeria is one of the country's key policy-making institutions, constantly under the spotlight, particularly with the nomination of Justice Kudirat Motonmori Kekere-Ekun as Chief Justice of Nigeria.  

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Group threatens to sue Tinubu over Police Bill backing IGP’s completion of term  https://nairametrics.com/2024/08/17/group-threatens-to-sue-tinubu-over-police-bill-backing-igps-completion-of-term/ https://nairametrics.com/2024/08/17/group-threatens-to-sue-tinubu-over-police-bill-backing-igps-completion-of-term/#respond Sat, 17 Aug 2024 06:12:39 +0000 https://nairametrics.com/?p=495973 A public interest organization, Human Rights Monitoring Agenda (HURMA), has threatened to sue President Bola Tinubu if he signs the amended Nigeria Police Act, 2020 bill, which stipulates the completion of term for an Inspector General of Police (IGP), among other provisions. 

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Cybercrime: IGP opposes bail application by suspects accused of hacking JAMB processing system https://nairametrics.com/2024/08/16/cybercrime-igp-opposes-bail-application-by-suspects-accused-of-hacking-jamb-processing-system/ https://nairametrics.com/2024/08/16/cybercrime-igp-opposes-bail-application-by-suspects-accused-of-hacking-jamb-processing-system/#respond Fri, 16 Aug 2024 16:36:47 +0000 https://nairametrics.com/?p=495965 The legal team of the Inspector General of Police (IGP) has asked the Federal High Court in Abuja to deny bail to five suspects who allegedly conspired to illegally access JAMB's restricted Central Admission Processing System (CAPS) and e-facility between 2023 and 2024. 

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Chinese firm disagrees with FG over seized presidential jets, defends Paris Court verdict  https://nairametrics.com/2024/08/16/chinese-firm-disagrees-with-fg-over-seized-presidential-jets-defends-paris-court-verdict/ https://nairametrics.com/2024/08/16/chinese-firm-disagrees-with-fg-over-seized-presidential-jets-defends-paris-court-verdict/#respond Fri, 16 Aug 2024 07:58:25 +0000 https://nairametrics.com/?p=495909 Zhongshan Fucheng Industrial Investment Co. Limited has disagreed with the Nigerian government's narrative following the temporary seizure of Nigeria’s presidential jets through a court case in Paris, France. 

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Nigeria’s Attorney General commences legal steps to recover three seized presidential aircraft in France  https://nairametrics.com/2024/08/15/nigerias-attorney-general-commences-legal-steps-to-recover-three-seized-presidential-aircraft-in-france/ https://nairametrics.com/2024/08/15/nigerias-attorney-general-commences-legal-steps-to-recover-three-seized-presidential-aircraft-in-france/#respond Thu, 15 Aug 2024 19:09:38 +0000 https://nairametrics.com/?p=495890 The offices of the Attorney General of the Federation, Lateef Fagbemi (SAN), and the National Security Adviser (NSA) have commenced legal steps to recover three presidential aircraft temporarily seized by a Paris court order in France. 

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NJC recommends Kekere-Ekun to Tinubu as next Chief Justice of Nigeria  https://nairametrics.com/2024/08/15/njc-recommends-kekere-ekun-to-tinubu-as-next-chief-justice-of-nigeria/ https://nairametrics.com/2024/08/15/njc-recommends-kekere-ekun-to-tinubu-as-next-chief-justice-of-nigeria/#respond Thu, 15 Aug 2024 12:23:17 +0000 https://nairametrics.com/?p=495865 The National Judicial Council(NJC) presided over by the outgoing Chief Justice of Nigeria,  Justice Olukayode Ariwoola has  recommended  Justice Kudirat Motonmori Kekere-Ekun, to President Bola Ahmed Tinubu, for appointment as the next Chief Justice of Nigeria. 

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Nigerian Court refuses Police request to reverse billions allegedly withdrawn by POS agents in 2023 glitch   https://nairametrics.com/2024/08/15/exclusive-nigerian-court-refuses-igps-request-to-reverse-billions-allegedly-withdrawn-from-flutterwave-in-2023-glitch/ https://nairametrics.com/2024/08/15/exclusive-nigerian-court-refuses-igps-request-to-reverse-billions-allegedly-withdrawn-from-flutterwave-in-2023-glitch/#respond Thu, 15 Aug 2024 07:28:21 +0000 https://nairametrics.com/?p=495830 A Federal High Court in Abuja has denied a motion by the Inspector General of Police (IGP) seeking an order to compel approximately twelve banks and financial institutions to reverse billions of naira that were allegedly fraudulently withdrawn from a Flutterwave account at Wema Bank.

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Protests: Miscreants destroy Kano High Court, causing property loss worth N1 billion – Governor  https://nairametrics.com/2024/08/14/protests-miscreants-destroy-kano-high-court-causing-property-loss-worth-n1-billion-governor/ https://nairametrics.com/2024/08/14/protests-miscreants-destroy-kano-high-court-causing-property-loss-worth-n1-billion-governor/#respond Wed, 14 Aug 2024 16:22:39 +0000 https://nairametrics.com/?p=495804 Kano State Governor Abba Kabir Yusuf has disclosed that miscreants vandalized the Kano State High Court, destroying property worth N1 billion. 

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Judges’ salary increase law will enable judiciary to work for Nigerians’ interests – AGF  https://nairametrics.com/2024/08/13/judges-salary-increase-law-will-enable-judiciary-to-work-for-nigerians-interests-agf/ https://nairametrics.com/2024/08/13/judges-salary-increase-law-will-enable-judiciary-to-work-for-nigerians-interests-agf/#respond Tue, 13 Aug 2024 19:39:33 +0000 https://nairametrics.com/?p=495733 The Attorney General of the Federation and Minister of Justice, Lateef Fagbemi (SAN), has stated that the Judicial Office Holders’ Salaries and Allowances Bill, 2024, passed into law by President Bola Tinubu, will help the justice system work in the interest of Nigerians. 

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Tinubu approves ‘fringe benefits law for judicial officers in Nigeria  https://nairametrics.com/2024/08/13/tinubu-approves-fringe-benefits-law-for-judicial-officers-in-nigeria/ https://nairametrics.com/2024/08/13/tinubu-approves-fringe-benefits-law-for-judicial-officers-in-nigeria/#respond Tue, 13 Aug 2024 14:39:50 +0000 https://nairametrics.com/?p=495707 President Bola Ahmed Tinubu has signed into law the Judicial Office Holders’ Salaries and Allowances Bill, 2024. 

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CBN and FBN Holdings urge Court to dismiss Barbican Capital’s suit over share dispute https://nairametrics.com/2024/08/13/cbn-and-fbn-holdings-urge-court-to-dismiss-barbican-capitals-suit-over-share-dispute/ https://nairametrics.com/2024/08/13/cbn-and-fbn-holdings-urge-court-to-dismiss-barbican-capitals-suit-over-share-dispute/#respond Tue, 13 Aug 2024 09:58:22 +0000 https://nairametrics.com/?p=495685 The Central Bank of Nigeria (CBN) and FBN Holdings Plc have asked a Federal High Court in Lagos to dismiss a lawsuit brought by investment firm Barbican Capital Ltd.

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Court reverses TAJ Bank’s customers’ N139 Million ‘unlawfully’ credited due to system glitch https://nairametrics.com/2024/08/13/court-reverses-taj-banks-customers-n139-million-unlawfully-credited-due-to-system-glitch/ https://nairametrics.com/2024/08/13/court-reverses-taj-banks-customers-n139-million-unlawfully-credited-due-to-system-glitch/#respond Tue, 13 Aug 2024 08:57:56 +0000 https://nairametrics.com/?p=495681 The Federal High Court, Abuja, has granted an interim freezing order against several accounts in Fair Money Micro-finance Bank Ltd, Palm Pay Limited, and Opay Digital Services Limited, mandating the organizations to reverse N139,630,000 credited to some of their customers and account holders as a result of a "system glitch" at TAJ Bank Ltd.  

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Court dismisses case seeking to restrain Nigerians from continuing #EndBadGovernance protests https://nairametrics.com/2024/08/12/court-dismisses-case-seeking-to-restrain-nigerians-from-continuing-endbadgovernance-protests/ https://nairametrics.com/2024/08/12/court-dismisses-case-seeking-to-restrain-nigerians-from-continuing-endbadgovernance-protests/#respond Mon, 12 Aug 2024 13:35:11 +0000 https://nairametrics.com/?p=495646 The Federal High Court sitting in Abuja has dismissed an application seeking an order of interim injunction restraining Nigerian protesters under different platforms from continuing with the ongoing protests using the hashtags #EndBadGovernanceInNigeria. 

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‘Fraud’: Court fines Union Bank N112 million for wrongly selling Ikoyi property below value  https://nairametrics.com/2024/08/10/fraud-court-fines-union-bank-n112-million-for-wrongly-selling-ikoyi-property-below-value/ https://nairametrics.com/2024/08/10/fraud-court-fines-union-bank-n112-million-for-wrongly-selling-ikoyi-property-below-value/#respond Sat, 10 Aug 2024 09:42:01 +0000 https://nairametrics.com/?p=495555 A High Court in Lagos has awarded N112,050,000 against Union Bank Plc for wrongly selling a property located at No. 6, Moore Road, Ikoyi, Lagos State, at a grossly undervalued price of N60 million. 

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FAAC allocations: Why Nigerian governors and FG should open accounts for 774 local government areas – Ozekhome  https://nairametrics.com/2024/08/09/faac-allocations-why-nigerian-governors-and-fg-should-open-accounts-for-774-local-government-areas-ozekhome/ https://nairametrics.com/2024/08/09/faac-allocations-why-nigerian-governors-and-fg-should-open-accounts-for-774-local-government-areas-ozekhome/#respond Fri, 09 Aug 2024 08:23:20 +0000 https://nairametrics.com/?p=495509 Senior Advocate of Nigeria, Mike Ozekhome, has advised governors, the federal government, and local government council chairmen to open bank accounts for the 774 local government areas in Nigeria.  

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Controversy as ALGON denies threatening State Finance Commissioners over FAAC allocations  https://nairametrics.com/2024/08/05/controversy-as-algon-denies-threatening-state-finance-commissioners-over-faac-allocations/ https://nairametrics.com/2024/08/05/controversy-as-algon-denies-threatening-state-finance-commissioners-over-faac-allocations/#respond Mon, 05 Aug 2024 18:55:01 +0000 https://nairametrics.com/?p=495277 The Aminu Maifata-led Incorporated Trustees of the Association of Local Governments of Nigeria (ALGON) has denied issuing a legal threat against the Forum of Commissioners for Finance of Nigeria over July allocations from the Federation Account (FAAC) to each of the 774 local government councils. 

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Sale of Nigeria Air to Ethiopian Airlines invalid, Court rules  https://nairametrics.com/2024/08/05/sale-of-nigeria-air-to-ethiopian-airlines-invalid-court-rules/ https://nairametrics.com/2024/08/05/sale-of-nigeria-air-to-ethiopian-airlines-invalid-court-rules/#respond Mon, 05 Aug 2024 14:18:31 +0000 https://nairametrics.com/?p=495251 The Federal High Court in Lagos has paused the court sale of Nigeria Air to Ethiopia Airlines.

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MacArthur Foundation grants SERAP N5 Billion for Nigerian advocacy from 2008 to 2024 https://nairametrics.com/2024/08/05/macarthur-foundation-grants-serap-n5-billion-for-nigerian-advocacy-from-2008-to-2024/ https://nairametrics.com/2024/08/05/macarthur-foundation-grants-serap-n5-billion-for-nigerian-advocacy-from-2008-to-2024/#respond Mon, 05 Aug 2024 08:14:07 +0000 https://nairametrics.com/?p=495203 The MacArthur Foundation has granted the Socio-Economic Rights and Accountability Project (SERAP) $3,142,167 (N5,027,467,200) for legal advocacies in Nigeria from 2008 to 2024. 

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FCCPC reacts to WhatsApp’s alleged threat to leave Nigeria over $220 million fine https://nairametrics.com/2024/08/02/fccpc-reacts-to-whatsapps-alleged-threat-to-leave-nigeria-over-220-million-fine/ https://nairametrics.com/2024/08/02/fccpc-reacts-to-whatsapps-alleged-threat-to-leave-nigeria-over-220-million-fine/#respond Fri, 02 Aug 2024 06:57:23 +0000 https://nairametrics.com/?p=495050 The Federal Competition and Consumer Protection Commission (FCCPC) has stated that its $220 million penalty on WhatsApp and its parent company, Meta Platforms Incorporated, is a positive step toward a fairer digital market in Nigeria. 

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Eighty seven lawyers elevated to Senior Advocates of Nigeria, see full list   https://nairametrics.com/2024/08/01/eighty-seven-lawyers-elevated-to-senior-advocates-of-nigeria-see-full-list/ https://nairametrics.com/2024/08/01/eighty-seven-lawyers-elevated-to-senior-advocates-of-nigeria-see-full-list/#respond Thu, 01 Aug 2024 19:59:13 +0000 https://nairametrics.com/?p=495042 The Legal Practitioners Privileges Committee (LPPC) has elevated 87 lawyers in Nigeria to the rank of Senior Advocate of Nigeria (SAN), including Ekele Iheanacho, a counsel for the Economic and Financial Crimes Commission (EFCC). 

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