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Davidson Iriekpen Access Bank Plc at the weekend said it had filed a notice of appeal at the Supreme Court to challenge the decision by the Lagos Division of Court of Appeal to upturn the suspension of the interim order made by a Federal High Court in Lagos sealing the corporate offices of Seplat Petroleum Development Company (SPDC) and freezing its accounts, in respect of loan obtained by Cardinal Drilling Services Limited. The loan, according to the bank, was utilised by Seplat. The bank, through its solicitors, Mr. Kunle Ogunba and Associates, approached the highest court after it expresse...

• Senior lawyer denies allegations Tobi Soniyi Seplat Petroleum Development Company has asked the Legal Practitioners Privileges Committee (LPPC) and the Legal Practitioners Disciplinary Committee of the Nigerian Bar Association (NBA) to sanction a Senior Advocate of Nigeria, Mr. Kunle Ogunba, for alleged gross misconduct and unethical practices contrary to the Rules of Professional Conduct for Legal Practitioners 2007. In the petition to the LPPC, which was equally copied to the Nigerian Bar Association (NBA) President, the company accused Ogunba of violating Rules 1, 15, 24, 30 and 32 of ...

Views: Visits 138 The High Court of the Federal Capital Territory in Jabi, Abuja, on Thursday, ordered the sale of an Abuja hotel owned by Obat Oil and Petroleum Limited to offset N5 billion debt it owes Ecobank Plc. The judge, Hassan Babangida, gave the order in a suit filed by Ecobank. The hotel in question, Febson Hotels & Malls, is located at Plot 2425, Herbert Macaulay Way, Abuja. Obat Oil, the firm which owns the property, was founded by an oil mogul and popular monarch, the Olugbo of Ugbo Kingdom in Ilaje Local Government Area of Ondo State, Fedrick Akinruntan, who was in 2014...

By Davidson Iriekpen A Federal High Court in Lagos yesterday refused an oral application by an oil firm Seplat Petroleum Development Company, seeking access to its accounts and offices which were shut through a court order. Justice Rilwan Aikawa declined the prayer following opposition to the application by Access Bank through its counsel, Mr. Kunle Ogunba, SAN. Access Bank, the plaintiff/respondent in the suit, recently secured the ex-parte Mareva Injunction from the court to shut Seplat’s premises and freeze its accounts in Nigeria and abroad, following an outstanding loan of about $85...

The Joint Admissions and Matriculation Board (JAMB) has said that a waiver might be granted to candidates who were yet to acquire a SIM card and want to register for the examinations. This is coming after it reiterated that the use of a National Identification Number (NIN) is mandatory for the 2021 Unified Tertiary Matriculation Examinations (UTME) and Direct Entry registration. According to a report from the News Agency of Nigeria (NAN), this disclosure on the requirements was made by the Registrar of JAMB, Prof. Is-haq Oloyede, on the sidelines of a meeting with Computer Based Test (CBT) ce...