Court orders service of N250m suit against Ex-President Obasanjo’s ex-aide
January 19, 2021
Justice Ijeoma Ojukwu of a Federal High Court, Abuja, on Tuesday, ordered service of a N250 million damages suit against Prof. Anthony Adegbulugbe.
Adegbulugbe, who was an Energy Adviser in the President Olusegun Obasanjo administration and Chairman of Green Energy International Ltd, was slammed with a N250 million suit by two aggrieved directors of Green Energy, over alleged injustice and cheating amongst others.
The plaintiffs, Dr. Bunu Alibe and Mr Ayo Olojede, had, in a motion on notice marked: FHC/ABJ/PET/20/2020 filed by their counsel, Alade Agbabiaka (SAN), listed the company and Adegbulugbe as 1st and 2nd respondents respectively.
To explain the impact of the revision of CAMA on MSMEs in Nigeria is Jennifer Halim-Ubahakwe. Jennifer is the Head of Legal, Compliance & Governance of Advans Lafayette Microfinance Bank Limited, a seasoned lawyer whose repertoire spans the practice of Corporate Commercial Law, Corporate Governance and Commercial Dispute Resolution.
What is the impact of the Reduction of Filing Fees for Registration of Charges for those aspiring to register their businesses in Nigeria?
Answer:
This provision introduces a significant reduction in the fees payable for the registration of charges. It is a good incentive for potential and established businesses in Nigeria especially for those in the lending market as it saves cost and allows for ease of doing business.
A
Private Investor is a recipient of the information who meets all of the conditions set out below, the recipient: 1. Obtains access to the information in a personal capacity; 2. Is not required to be regulated or supervised by a body concerned with the regulation or supervision of investment or financial services; 3. Is not currently registered or qualified as a professional securities trader or investment adviser with any national or state exchange, regulatory authority, professional association or recognised professional body; 4. Does not currently act in any capacity as an investment adviser, whether or not they have at some time been qualified to do so;