9 results
- 13 Jan 2016
Court Bars FG from Freezing MTN Bank Accounts
A Federal High Court in Lagos yesterday turned down an application of mareva injunction seeking to bar MTN Nigeria Communications Limited from emptying its accounts in 21 commercial banks in Nigeria.…
- 19 Feb 2026
Court Freezes MCSN Copyright Levies amid Record Label Legal Battle
Justice Ambrose Lewis-Allagoa of the Federal High Court, Lagos, has issued an interim Mareva injunction freezing copyright levy funds due to the Musical Copyright Society of Nigeria (MCSN). The order…
- 4 Sept 2014
Court Freezes Dangote’s Accounts in 20 Banks
A Federal High Court in Lagos has ordered 20 Commercial banks in Nigeria to dishonour all withdrawal cheques from Mr. Sani Dangote, younger brother to Alhaji Aliko Dangote, and his companies, Dansa…
- 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…
- 9 Mar 2021
Firm Asks Court to Freeze SAP Accounts over Alleged Contract Breach
B4G Consulting Ltd has asked a Lagos State High Court to restrain Systems Applications Products (SAP) from dissipating $3,371,945.27 and N5mllion with 28 Respondents including the Central Bank of…
- 12 Jun 2025
Court Declines Access Bank’s Request to Freeze MTNN Account over N180Bn Claims
Federal High Court in Lagos has declined Access Bank Plc’s request to freeze the bank accounts of MTN Nigeria Communications Plc over a disputed N180.95 billion debt claim linked to a long-expired…
- 22 Jul 2019
Ecobank Takes Over Shoreline Power Company over N4.6Bn Debt
Taiwo Ogbara, a receiver-manager appointed by Ecobank Nigeria Limited, has been empowered by a Federal High Court sitting in Lagos to have unrestricted access to one of the debtors of the financial…
- 27 Feb 2026
Alerzo Liquidates Delivery Fleet as N4.38bn Moniepoint Loan Row Deepens
Nigerian B2B e‑commerce platform Alerzo is disposing of large parts of its delivery fleet, including buses, motorcycles, and operational vehicles, as it contends with a N4.38 billion debt owed to…
- 10 Feb 2024
Flutterwave Set to Recover ₦19BN Illegally Transferred by POS Merchants
Flutterwave, one of Africa’s leading fintech companies, is poised to undertake a substantial recovery effort following a High Court ruling granting it the authority to recover ₦19 billion illegally…