The Federal High Court, presided over by Honourable Justice Aluko, has granted an application by United Bank for Africa (UBA) Plc for substituted service of Form 49 on directors of Wempco named as alleged contemnors in the case of UBA v. Wempco. The application forms part of proceedings seeking to determine whether the named individuals disobeyed an order of the court and whether they should be committed to prison for contempt. The directors named as alleged contemnors are Lewis Shui Ngor Tung, Phillip Shui Chei Tung, M.A. Ola Yusuf, Tung Lawrence Blake, Aali Aare Hadji Tokunbo, Paul Shui Po Tung,…
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A Lagos State High Court, last Thursday, granted interim preservative orders of Mareva Injunction against Vitol SA – a Switzerland based Energy Trading company, and four other shipping companies in favour of United Bank for Africa Plc. The bank alleged Vitol of wrongful release of cargoes of petroleum products which were consigned to the order of United Bank for Africa Plc in the Bills of Lading. Addressing the Court, Bode Olanipekun, SAN, lead counsel for United Bank for Africa, urged the Court to grant the interim preservative orders against Vitol and the other shippers. In a ruling on the application,…
From Harry Awurumibe, Live in Morocco Determined to get a good result that would take Nigeria to the next round of the ongoing FIFA U-17 Women’s World Cup finals in Morocco, Flamingos head, coach Busari Hakeem Ishola has dropped hugely ineffective team captain Harmony Chidera Chidi from the startlist of today’s crucial Group B last match against North Korea at Pitch 1 of Mohammed VI Football Complex, Rabat by 3:00 pm local Moroccan time (4:00 pm Nigerian time). The gaffer has instead called on fleet footed Oluebube Umejiaku to replace Chidi in the attack in the match Nigeria needs to…
By Solihu Abdulsemih, Osogbo The remodelling of Osogbo City Stadium will deliver a FIFA-standard playing pitch, an expanded 15,000-seat main bowl and Olympic-certified running tracks, the contractor, Maxwell International Ventures Limited, has said, putting the project at over 40 per cent completion. The Project Manager, Architect Jacob Oyekale, disclosed this during a facility tour with members of the Sports Writers Association of Nigeria (SWAN), Osun State Chapter. He said significant progress had been recorded despite funding constraints and interruptions that affected the original completion schedule. According to him, inadequate funding and the suspension of construction activities during the pre-election period…
By Tony Obiechina, Abuja The Central Bank of Nigeria (CBN) convened a high-level business and financial roundtable in Beijing on Wednesday, 21 October 2026, bringing together Nigerian and Chinese business leaders to explore opportunities to deepen Nigeria’s financial markets and identify practical barriers to stronger financial flows between the two economies. The engagement, themed “Strengthening the Nigeria–China Financial Corridor,” was held at the Pan Pacific Beijing and provided a platform for businesses operating across both markets to share firsthand experiences and discuss how financial connectivity, banking relationships and investment channels could be strengthened. Governor of the CBN, Olayemi Cardoso, emphasised…
One person has been confirmed dead, while three adult males have been rescued following the collapse of a two-storey building under construction in the Fadeyi area of Lagos State. Several other persons are feared trapped beneath the rubble as emergency responders continue search and rescue operations at the scene. The Lagos State Emergency Management Agency (LASEMA) confirmed the incident in a statement issued by its Permanent Secretary, Dr Olufemi Oke-Osanyintolu, on Friday. Oke-Osanyintolu said the building collapsed in the early hours of Friday, adding that rescue teams were working to establish whether more people remained trapped beneath the debris. According…
***Unveils Support Initiative Report By Tony Obiechina, Abuja The Development Bank of Nigeria Plc (DBN) has launched DAWN: DBN Action f0or Women in Nigeria, unveiled its Impact Reportand presented MSME Data Ass up ets at the seventh edition of Annual Lecture held in Abuja. DBN, in a statement on Thursday, said while delivering a welcome address, its Managing Director and Chief Executive Officer, Dr Tony Okpanachi, said the central challenge was no longer reforms themselves but ensuring benefits reach businesses at end of the chain. He asked how to make sure benefits reach traders in Onitsha, fabricator in Aba, farmer…
Former Vice President Atiku Abubakar has demanded the immediate publication of the preliminary voters’ register, warning that its absence from INEC’s online display during the announced October 9 to 15 scrutiny period raises grave questions about the integrity of the 2027 election. In a statement issued by Phrank Shaibu, Director of Strategic Communication of the ADC Presidential Campaign Council, Atiku said: “INEC has announced more than 103 million registered voters. Nigerians went to its portal to inspect the names and found an empty page. That is an outrage. A figure cannot answer an objection. A press announcement cannot tell a…
By Harry Awurumibe Nigeria’s U-17 women’s football team, the Flamingos, are set to fly over their North Korean (Korea DPR) opponents in their final Group B match of the on-going 2026 FIFA U-17 Women’s World Cup in Morocco billed for Mohammed VI Football Complex in Rabat on Friday. North Korea leads the group with dominant wins including 6-0 against Puerto Rico and 6-1 against Poland while Nigeria sits in contention after losing 2-1 to Poland and bouncing back with a 2-0 victory over Puerto Rico. By the results garnered by the four teams over two matches, Nigeria will need a…
From Harry Awurumibe, Live in Morocco Morocco is not called the “Mecca of Sports Events” for nothing as the 17th edition of Elite Label Casablanca Marathon will take on Sunday, October 25, at the foot of the iconic Hassan II Mosque, where the finish will also be judged, Prompt News reports. For its 17th edition, the second organized by the Association des Coureurs du Grand Casablanca (ACGC), the Casablanca Marathon, renamed the Credit du Maroc Casablanca Marathon under a new partnership, now appears with its half marathon on World Athletics’ calendar of label road races, at Elite level. Three formats…