Page 13 - Industrial Developments News Today

A long-running legal dispute provides a cautionary tale about the behaviour of multinational firms in so-called developing countries and the need for better governance standards across jurisdictions.

The EFCC has filed money laundering charges against Supo Shasore, former attorney-general (AG) and commissioner for justice in Lagos state.

The U.S. District Court for the Southern District of New York granted the 28 U.S.C. § 1782 application of the Federal Republic of Nigeria to issue subpoenas on four U.S. entities and...

The rise in the country's inflation rate to 19.6 percent dominated the cover pages of Nigerian newspapers.

In the wake of the Russia-Ukraine war, economists fear a series of crises are on the horizon. Only recently, the World Bank estimated that low- and middle-income eco...

Officials allege contract was corruptly procured by business duo behind P&ID as saga of energy project and secretive tribunal heads for high court

On 10 May, the appeal court of the District of Columbia rejected a request by Nigeria for the court to sit at full strength to hear the case involving Process & Industrial Developments

After years of legal wrangling and decades of injustice, the criminal convictions of 39 British sub-postmasters were cleared in April 2021. Accused of theft, fraud, and false accounting due to a faulty IT system, the result at London’s Criminal Court of Appeal freed the sub-postmasters from the horrors of one of the biggest miscarriages of […]

In the legal dispute with Process & Industrial Developments (P&ID), Nigerias attorney is seeking to activate a mechanism whereby all eleven judges of the appeal court of the District de

On 11 March, the Columbia district Court of Appeals rejected Nigerias claim to sovereign immunity from the legal action brought against it in the United States by Process & Industrial