Court ruling Archives

Court freezes oil firm’s accounts over N3.17bn debt

Justice Akintayo Aluko of a Federal High Court, Lagos, has issued an interim order freezing the bank accounts of Plural Oil Marketing Limited and two of its directors over an alleged indebtedness of N3.17 billion and $835,486.76 owed to Providus Bank Limited. The order was granted on October 7, 2025. The order followed an ex […]

aadelekepdnlimited-com
17th November 2025
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Economy featured

Supreme Court halts CBN from banning old naira

Juliet Buna The Supreme Court on Wednesday temporarily halted the move by the Federal Government to ban the use of the old naira notes from February 10, 2023. According to The PUNCH, a seven-member panel led by Justice John Okoro, halted the move of the federal government in a ruling in an exparte […]

aadelekepdnlimited-com
8th February 2023
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News Oil and Gas

Court extends Oando’s minority share acquisition deadline

Oando Plc has been granted a 90-day court-ordered extension to create and file the Scheme of Arrangement Document for the acquisition of shareholders’ minority shareholding. This was contained in a statement released on Thursday which also revealed that Venus Construction Company Limited, one of Oando’s minority shareholders, had petitioned the court to order Ocean and […]

jonuorahpdnlimited-com
4th November 2022
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144 Views

Transcorp Power revenue surges 30% to ₦398.27bn in

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FG reaffirms commitment to protect LG funds

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