Tag: Judgement
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Court halts transfer, sale of Shoprite’s assets over pending $10m judgement
The Federal High Court in Lagos has made an order stopping Shoprite Checkers (PTY) Limited from disposing of or transferring its assets out of jurisdiction or to a third party over a $10 million judgment sum. TheNewsGuru.com, TNG reports that Shoprite had two weeks ago announced its intention to exit Nigeria. However Justice Mohammed Liman…
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Dakuku responds to court judgment, says party will be great again
The governorship candidate of the All Progressives Congress (APC) in Rivers State during the 2015 general elections, Dr. Dakuku Peterside on Tuesday said the judgment by Rivers State High Courts were not totally unexpected. In a chat with journalists, he stressed that the court in its wisdom in both cases granted all reliefs sought by…
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Ecobank to Appeal Tribunal Judgment on Tax Liability
Ecobank Nigeria Thursday disclosed that it has resolve to send an appeal to the Federal High Court, on the judgement of the Tax Appeal Tribunal (TAT), sitting in Lagos, in respect of a disputed tax liability between the bank and the Federal Inland Revenue Service (FIRS) for the 2015 financial year. The bank explained in…
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$9.6bn P&ID Judgement Debt: EFCC arraigns two British nationals
The Economic and Financial Crimes Commission, EFCC, on Monday arraigned two British nationals, James Richard Nolan and Adam Quinn (at large), before Justice Okon Abang of the Federal High Court, Abuja, for their alleged complicity in the controversial $9.6bn arbitral award to Process and Industrial Development Limited by a United Kingdom commercial court. The defendants,…
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#RevolutionNow Protest: FG to appeal judgement, drag judge before NJC for granting Sowore bail
Strong indications emerged last night that the federal government may officially file complaints against Justice Taiwo Taiwo at the National Judicial Council (NJC) on account of his decision to grant bail to the convener of #RevolutionNow protest, Mr. Omoyele Sowore. Recall that Justice Taiwo of the Federal High Court in Abuja admitted Sowore to bail…
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$9.6bn Judgement: P&ID reacts to court ruling ordering stay of execution
The Process and Industrial Developments (P&ID) has reacted to the ruling of the United Kingdom Commercial and Arbitration Court which on Thursday in London, ordered a stay of execution of the $9.6 billion damages awarded against Nigeria pending the determination of an appeal by the Nigerian Government. The court had asked the government to make…
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Borno: Tribunal reserves judgment in suit challenging Ndume
The Borno National and State Houses of Assembly elections petition tribunal on Tuesday, reserve judgment in a suit challenging the election of Sen. Mohammed Ndume. Malam Kudla Satumari and his party, the Peoples Democratic Party (PDP) on March 15, filed a petition with number EPT/BO/SEN/1/2019 before the tribunal. They are challenging the declaration of Ndume…
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PDP knocks APC for approaching Supreme Court to reverse judgement on Zamfara
The People’s Democratic Party (PDP) has described as blasphemous the demand made by the leadership of the All Progressives Congress (APC) on the Supreme Court to reverse its judgment on the Zamfara State elections. The main opposition party also said the move was an attempt to blackmail and set a land mine for the apex…
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Supreme Court rejects APC's suit to review Zamfara judgement
The Supreme Court has rejected an application by the All Progressives Congress asking it to review its last judgment in which it voided the party’s participation in the last elections in Zamfara State. A five-man panel of the court, led by Justice Olabode Rhodes-Vivour, in a ruling on Monday morning, struck out the application, argued…