Tag: Justice Charles Archibong

Court dismisses shareholders’ suit on nationalised banks

A Federal High Court in Lagos has dismissed a suit by some aggrieved shareholders of the three nationalised banks – Afribank  Plc, Spring Bank  Plc and Bank PHB Plc – challenging the takeover of their banks by the Central Bank of Nigeria and Asset Management Corporation of Nigeria. Following the […]

Court quashes SEC report on Okereke-Onyiuke

A Federal High Court sitting in Lagos, weekend, set aside the audit report, which investigated Nigerian Stock Exchange, NSE, under its former Director-General, Professor Ndi Okereke-Onyiuke, prepared at the instance of Securities and Exchange Commission, SEC. It will be recalled that SEC had ordered for an audit report into the […]