Federal Competition and Consumer Protection Commission (FCCPC), has filed an eleven count charge against Hull Blyth Nigeria Limited and its CEO Christian Holm. and six others Six other executives were listed as defendants. They are Abass Olufemi Oluyinka, Philip Obobo, Levi Awum, Peter Kotze, Lain Lindsay and Paul Brettel The[Read More…]
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SON Secures Conviction of Two over SON Secures Conviction of Two over Engine Oil Adulteration in Lagos
A Federal High Court in Lagos on Friday convicted two men, Uche Johnson and Kingsley Meteke, for producing and distributing substandard engine oil and sentenced them to two-years imprisonment each. The Standards Organisation of Nigeria (SON) brought them before the court on a four count charge of production, possession, dealing[Read More…]
Unlawful Account Freeze: Court ordered Access Bank Plc fine of N25million
An Ikeja High Court has ordered Diamond Bank Plc (Access Bank Plc) to pay a Lagos-based legal practitioner, Adetokunbo Odutola, Twenty Five million naira (N25m) as damages for unlawfully freezing his bank account. Justice S.O. Nwaka held that the bank failed in its duty of care to Odutola and was[Read More…]
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FG Revenue Rises 76% to N12.5tn, Fueled by Tax and Oil Gains — Budget Office
The Federal Government’s earnings have increased by 76 percent, rising from N7.1 trillion in 2022 to N12.5 trillion in 2023, due to higher taxes and oil revenues. This information was revealed in the recently released 2025-2027 Medium Term Expenditure Framework and Fiscal Strategy Paper from the Ministry of Budget and[Read More…]