Justice Binta Nyako of the Federal High Court, Abuja has sacked the Chairman of the Code of Bureau (CCB) Sam Saba and nine other members of the organisation’s board.
In 2014, Ocean Waves Ltd had emerged with a claim that they were the rightful owners of the Qlink Trademark and they sued the Registrar of Trademarks and sought an Order of the Court, demanding that FAPA’s registration be expunged, to enable Ocean Waves to insert its name in the registry as owners of the Qlink trademark.
Following a decision of the Federal High Court in Suit No: FHC/L/CS/1710/2013: Kasmal International Ltd v. Central Bank Nigeria, the Central Bank of Nigeria (CBN) issued a circular dated January 15, 2016 to all Deposit Money Banks to the effect that stamp duties at the rate of N50 for every payment of N1000 and above would be applicable to all receiving accounts in the country with immediate effect.
Justice Muslim Hassan of the Federal High Court in Lagos has withdrawn himself from further presiding over the alleged N 4. 9bn fraud charge pressed against a former Minister of Aviation , Femi Fani- Kayode , by the Economic and Financial Crimes Commission.
In the judgment given by Justice Adedayo Oyebanji, the court awarded a cost of N2 million against NAFDAC
The Economic and Financial Crimes Commission, EFCC, has secured the conviction of the former Adamawa State Governor/Lawyer Barrister Bala James Ngilari on a 17-count charge bordering on awarding contract without following duo process.
Justice Binta Nyako dismissed the counts for lack of proof of evidence.
The charges dismissed include charges three, five, seven, nine and eleven.
A Boko Haram suspect who escaped from the custody of the State Security Service, SSS, has been rearrested.
A Federal Capital Territory High Court, sitting in Jabi, Abuja, has ordered that Alhaja Moroophat Obanikoro, the wife of a former Minister of State for Defence, Senator Musiliu Obanikoro, should forfeit her property pending the outcome of investigations into her husband and children. The court also rejected a prayer asking the Economic and Financial Crimes Commission to pay her the sum of N200m for violating her fundamental human rights. Obanikoro’s wife has, however, headed for the Appeal Court to challenge the court judgment.
Ecobank Nigeria Limited has asked the Court of Appeal for extension of time to enable it seek leave to appeal the Federal High Court’s ruling in a winding-up petition against chairman of Honeywell Group, Oba Otudeko.