A Federal High Court, Abuja, has dismissed a N400 million suit filed by one Mr. Babatunde Victor Segun, who claimed that his bank account was unlawfully frozen by the Central Bank of Nigeria (CBN) and United Bank of Africa (UBA).
A Federal High Court, Abuja, has dismissed a N400 million suit filed by one Mr. Babatunde Victor Segun, who claimed that his bank account was unlawfully frozen by the Central Bank of Nigeria and United Bank of Africa .A Federal High Court, Abuja, has dismissed a N400 million suit filed by one Mr. Babatunde Victor Segun, who claimed that his bank account was unlawfully frozen by the Central Bank of Nigeria and United Bank of Africa .
He asked the court to award him N400 million as compensation for the alleged unlawful restriction of the account, and cost of his action. Ajogwu further submitted that the applicant had failed to adduce any evidence that his human rights were infringed upon by the CBN. A Federal High Court, Abuja, has dismissed a N400 million suit filed by one Mr. Babatunde Victor Segun, who claimed that his bank account was unlawfully frozen by the Central Bank of Nigeria and United Bank of Africa .
The Ogun State Police Command announced the arrest of one Abike Olonade in connection with alleged trafficking of a child. The victim, identified as a student of Adeoye Lambo Secondary School in Obada Oko, was reportedly lured by the suspect. The police in a statement on X on Saturday said Olonade has confessed that the…
An XEJet Airlines aircraft from Abuja, on Saturday morning, skidded off runway 18L at the Murtala Muhammed Airport, Ikeja Lagos. This is contained in a report detailing the incident obtained by the News Agency of Nigeria on Saturday in Lagos. The XeJet E145 aircraft with registration number, 5NBZZ, at about 11.29 a.m. veered off…
Federal High Court Abuja N400m Claim
Nigeria Latest News, Nigeria Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
CBN Governor Allegedly Used Former Dispatch Rider to Collect $3 Million CashThe Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, is accused of using his former dispatch rider to collect $3 million cash in tranches. The revelation was made by a CBN staff, Monday Osasuwa, during a court hearing. Osasuwa, who previously worked as a dispatch rider in Zenith Bank, joined CBN in 2014 and knew Emefiele from his time at Zenith Bank. He stated that he was appointed as a full-time staff in the CBN Governor's office in Lagos and communicated with Emefiele through WhatsApp and email.
Read more »
Implications of cbn’s bank recapitalisation policy(2)The Nation Newspaper Implications of cbn’s bank recapitalisation policy(2)
Read more »
![Cybersecurity levy: 16 Bank transactions exempted from CBN’s new tax [LIST]](https://i.headtopics.com/images/2024/5/7/nigerianewsdesk/cybersecurity-levy-16-bank-transactions-exempted-f-cybersecurity-levy-16-bank-transactions-exempted-f-CC1FF494DFB7A85885490717066A85C3.webp?w=640)
Cybersecurity levy: 16 Bank transactions exempted from CBN’s new tax [LIST]A Trusted Nigerian Newspaper
Read more »
Nigerian Govt announces plan to merge CBN’s NIRSAL, Bank of AgricultureThe National Council on Privatisation, NCP, has announced that it is aiming to merge the Central Bank of Nigeria's NIRSAL Microfinance Ltd with the Bank of Agriculture. The Council disclosed this in a statement on Wednesday, noting that it also plans to inject new capital into the institutions to rejuvenate them following the merger.
Read more »
Recapitalisation: How Access Bank will meet CBN’s directiveThe Central Bank of Nigeria (CBN), on 29 March, directed commercial banks in Nigeria with international authorisation to shore up their capital base to N500 billion.
Read more »
CBN reduces bank’s LDR to 50% to improve real sector lendingThe Central Bank of Nigeria (CBN) has reduced the Loan-to-Deposit Ratio (LDR) of deposit money banks from 65 per cent to 50 per cent.
Read more »