5 results
- 14 Nov 2023
Interswitch System Glitch: Court Orders Freezing of Accounts in 54 Banks
Justice Peter Lifu (JP) of a Federal High Court sitting in Lagos has granted an order freezing some accounts in about 54 financial institutions in the country where alleged funds from Interswitch…
- 19 Jul 2024
Court Strikes Out FG’s N30b Illegal Ads Suit Against Meta
Federal High Court sitting in Abuja has dismissed the N30 billion alleged illegal advertisement lawsuit instituted against Meta Platforms Incorporated (owners of Facebook, Instagram and WhatsApp…
- 20 May 2025
MTN Nigeria Drags 20 Banks to Court over N6Bn Debt by SleekChip
MTN Nigeria has taken legal action against more than 20 banks as it intensifies efforts to recover nearly ₦6 billion in interconnect debt from SleekChip Technologies Limited, a licensed international…
- 9 Oct 2019
Female Banker Bags One Year Jail Term for Fraud
Yetunde Iyabo Adewunmi, a 51 year-old female banker, has been sentenced to one year imprisonment for conspiracy, aiding and abetting fraud. Adewunmi was convicted of the one-count amended…
- 19 Jul 2024
FCCPC Slams $220m Fine on WhatsApp, Facebook over ‘discriminatory practices’ in Nigeria
Federal Competition and Consumer Protection Commission (FCCPC) has imposed a $220,000,000 penalty on Meta Platforms Incorporated over alleged discriminatory practices against Nigerian data and…