The High Court has dismissed an attempt by Finance Trust Bank to claim compensation directly from an insurance company following a dispute over alleged professional negligence by a surveying firm. …
Legal Affairs
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BankingEastern AfricaFinancial ServicesInsuranceLegal Affairs
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Banking, Finance & InvestmentBusinessCapital MarketCryptocurrencyCyber securityLegal Affairs
SEC to seize CBEX’s N1.3tr cash over ponzi scheme
The Securities and Exchange Commission (SEC) has asked the Investments and Securities Tribunal (IST) to order the immediate freezing of bank accounts linked to Crypto Bridge Exchange (CBEX) and 25 …
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BusinessCorporate AffairsFinanceJudiciaryLegal AffairsOil & Gas
Appeal Court Session Stalls Over Dispute on Legal Representation in Nestoil
Proceedings at the Court of Appeal, Lagos Division, were stalled on Thursday following a heated dispute over who was properly authorised to represent Nestoil Limited and Neconde Energy Limited in …
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Human RightsJudiciaryLegal AffairsNewsSecurity
Kanu Family Rejects Court Ruling, Says Judgment Violates Constitution
The family of the detained leader of the Indigenous People of Biafra, Nnamdi Kanu, has rejected the recent judgment delivered by Justice James Omotosho of the Federal High Court in …
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BankingCorporate NewsDigital Payments & FintechFinanceFraud & CybersecurityLegal Affairs
₦230m Missing After System Glitch — Alpha Morgan, NEM Sue 19 Banks
by Radarr Adminby Radarr AdminAlpha Morgan Bank Plc, together with two of its major customers — NEM Insurance Plc and Extension Publications Limited — has dragged 19 financial institutions to the Federal High Court …
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Digital EconomyEducationEntrepreneurshipInnovationLegal AffairsTrade
What Counts as Intellectual Property? A Simple Guide
In today’s Nigeria, ideas are not just dreams, they are powerful assets. From Nollywood’s buzzing film sets to the fashion houses of Lagos and the fintech corridors of Yaba, the …
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GhanaGovernanceHuman RightsJudiciaryLegal AffairsPolitics
Ghana Removes Chief Justice Gertrude Torkonoo From Office After Misbehaviour Allegations
The Chief Justice of Ghana, Her Ladyship Justice Gertrude Araba Esaaba Sackey Torkonoo, has been officially removed from office after a presidential directive confirmed findings of stated misbehaviour and incompetence. …
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AgricultureCorporate ServicesHuman RightsKenya NewsLabour & EmploymentLegal Affairs
Judge Orders British Tea Company to Compensate Worker Dismissed on Medical Grounds
A Kenyan court has ordered Ekaterra Tea Kenya PLC, a British-owned agricultural company, to pay compensation to a worker who was dismissed unlawfully on medical grounds. The Employment and Labour …
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African EconomyBusinessInternational DisputesLegal AffairsMining
Cameroon Iron Ore Dispute Pits Libyan Bank Against Local Investor
The battle for control of two major iron ore deposits in Cameroon has turned into a serious legal and financial fight involving international banks, local billionaires, and questions about fraud. …
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BusinessBusiness PoliciesLegal AffairsMobile AppsNewsSouth AfricaTechnology
Truecaller Under Investigation in South Africa Over Privacy Law Breach Complaints
The Information Regulator of South Africa has confirmed that it is investigating mobile app Truecaller after several companies and individuals complained that the service violated the country’s Protection of Personal …