News
UK Court Permits Nigerians to Sue Shell for Pollution Claims
A supreme court in the United Kingdom has ruled that the people of the Niger Delta region of Nigeria can make pollution claims against Anglo-Dutch energy giant, Royal Dutch Shell, in English courts.
The ruling overturned a 2017 decision against the Ogale and Bille communities, who brought legal claims for clean-up and compensation, following decades of repeated spills in the oil-rich region.
The claimants have argued for five years that their case against Shell and its Nigerian subsidiary, the Shell Petroleum Development Company of Nigeria (SPDC), should be heard in London because they could not expect justice in a Nigerian court.
The UK decision comes two weeks after a court in the Netherlands ordered Shell to compensate Nigerian farmers for oil spills on land in two villages in the Niger Delta after 13 years of legal battles.
Shell Nigeria must compensate the farmers for the losses they suffered due to the oil spills, in the two villages of Goi and Oruma in 2004 and 2005. The court also added that Shell hadn’t done enough to clean up the spills.
Also, six years ago, Shell agreed to pay out £55 million ($83.4 million) to the Bodo community in Nigeria in compensation for two oil spills, which was the largest ever out-of-court settlement relating to Nigerian oil spills.
In their judgment, five judges at Britain’s highest court said the previous decision by the lower court of appeal was a “material error of law” and focused too narrowly on the relationship between Shell and its Nigerian subsidiary.
Shell had argued it could not be held legally responsible for the pollution in the region in southern Nigeria and so the cases should not be heard in England.
Speaking on this, Mr Daniel Leader, from London law firm, Leigh Day, which represents the claimants said, “This Supreme Court judgment gives real hope to the people of Ogale and Bille who have been asking Shell to clean up their oil for years.”
He said he hoped the decision would lead to action from Shell and called the ruling a “watershed moment” to bring multinational companies to account.
“Increasingly impoverished communities are seeking to hold powerful corporate actors to account and this judgment will significantly increase their ability to do so,” he added.
Reacting, Shell said it was disappointed with the ruling. The energy giant has blamed sabotage for oil spills and says crude oil spills caused by theft surged by 41 per cent in 2019.
“Regardless of the cause of a spill, SPDC cleans up and remediates. It also works hard to prevent these sabotage spills, by using technology, increasing surveillance and by promoting alternative livelihoods for those who might damage pipes and equipment,” Shell said in a statement.
News
Verve Partners Ali Express On Seamless Cross-Border Shopping
Verve International, Africa’s domestic payments card scheme and token brand, has announced that its cards are now accepted on AliExpress, one of the world’s largest online retail platforms.
This landmark partnership expands Verve’s global reach, offering seamless and secure payment solutions and providing millions of Verve cardholders and merchants worldwide with easy access to AliExpress’ extensive range of products, including fashion, electronics, home goods, beauty, and more.
The collaboration empowers Verve cardholders, both locally and internationally, to engage in cross-border transactions.
It also reinforces Verve’s unwavering commitment to delivering inclusive, innovative, and secure digital payment solutions that empower individuals and businesses alike, while bridging the gap in global digital commerce.
Speaking on the partnership, Vincent Ogbunude, Managing Director, Verve International, remarked: “We are excited to announce that Verve is now accepted on AliExpress, a globally recognised e-commerce leader.
This marks a significant milestone in our global expansion journey, reflecting our commitment to providing cardholders with access to more possibilities in today’s digital economy.
The addition of AliExpress to our growing network is just the beginning, there’s much more to come as we continue to innovate, expand, and deliver value to millions of Verve cardholders in Nigeria and beyond.”
Verve’s expanding global network is bolstered by partnerships with renowned brands such as Google, YouTube, Netflix, Amazon Prime, Facebook, Uber, Spotify, among others, enabling cardholders to conveniently pay for subscriptions in naira.
These alliances solidify Verve’s position as a trusted leader in the digital payments space, ensuring that consumers can access top-notch services across diverse industries.
With AliExpress joining this network and Verve integrated into its payment options, Verve cardholders can easily shop and pay for a wide range of products.
To shop on AliExpress using a Verve card, simply sign in, select the items to buy, and click ‘Buy now.’ When prompted, add a new card and enter the Verve card details. Save the information for future use, confirm the details, and complete the payment seamlessly.
News
Stanbic IBTC Asset Management Unveils Anti-scam Measures to Protect Mutual Fund Holders
Stanbic IBTC Asset Management has introduced strong measures to safeguard its customers from scams targeting mutual fund holders.
In response to this trend, the company has launched a strategic campaign to educate customers on protecting their investments and understanding the correct procedures for mutual fund subscriptions.
The Company, in a statement disclosed that recently, enquiries about the authenticity of messages for mutual fund subscription have surged. It stated: “Many of these messages contain differing and potentially incorrect account numbers, leading to confusion and concern among investors.
“In response to these concerns, Stanbic IBTC Asset Management launched a campaign to educate customers by providing accurate information and security tips to reduce the likelihood of clients falling prey to scam attacks.
“The campaign has established three main objectives: first, to educate customers about the mutual fund subscription process by providing precise and accurate information that empowers them to make informed decisions.
Second, it aims to ensure that customers verify the payment accounts for any Stanbic IBTC mutual fund investments, encouraging due diligence in confirming the legitimacy of financial communications”.
The statement further stated that the campaign seeks to raise awareness of scam attempts that may mislead customers into using incorrect account details, highlighting the tactics used by scammers to keep customers informed and vigilant.
Busola Jejelowo, the Chief Executive of Stanbic IBTC Asset Management, recently addressed the importance of a new initiative to safeguard customers in an increasingly complex financial landscape.
“At Stanbic IBTC, our top priority is our customers’ financial safety, and we are fully committed to ensuring that our clients have the security they need while managing their investments”.
News
Amnesty International Condemns Police Actions During #EndBadGovernance Protests
Amnesty International has accused Nigerian police of using excessive force against demonstrators during the #EndBadGovernance protests, which took place from August 1 to 10 across the country in response to Nigeria’s harsh economic conditions.
According to the human rights organization, the police crackdown resulted in the deaths of at least 24 people, including 20 young adults, two children, and an older person.
Amnesty’s report claims that the victims were shot by police at close range, often in the head or torso, indicating an intent to kill. Two survivors sustained severe injuries, while others suffered from the indiscriminate use of tear gas. The organization condemned the actions of security personnel, describing the violence as “unbelievable lawlessness” and accusing authorities of covering up the atrocities to downplay the death toll.
Eyewitnesses from Kano, Katsina, Jigawa, and other states told Amnesty that the protests began peacefully but escalated into chaos when police opened fire with live ammunition and tear gas. In Kano, 12 people were killed, while Jigawa and Niger states reported three fatalities each. Kaduna and Maiduguri also recorded multiple deaths.
In addition to the killings, over 1,200 protesters, including minors, were detained, and more than 146 were charged with treasonable offenses. Some detainees reported being subjected to torture. One protester, Khalid Aminu, described being beaten with sticks and iron cables while in the custody of the Department of State Services (DSS). Another detainee, Michael Adaramoye, was held for two months for participating in a protest in Abuja.
Despite mounting evidence, including eyewitness accounts, medical records, and video footage, Nigerian authorities have denied involvement in the violence, attributing the deaths to “unknown gunmen” or dismissing reports as “fake news.” Amnesty International has called on President Bola Tinubu to establish an independent and impartial investigation into the violations and to hold those responsible accountable.
The protests, triggered by widespread corruption and economic hardship, have reignited concerns about the Nigerian government’s disregard for human rights. Amnesty International stressed that law enforcement’s use of firearms against peaceful protesters violates international standards, urging authorities to end impunity and ensure justice for the victims.
- Telecom2 days ago
Google, Meta Criticize Australia’s Rush to Pass Social Media Ban for Under-16s
- News2 days ago
TCN Reveals N8.8 Billion Expenditure on Restoring Destroyed Transmission Towers
- E-Business3 days ago
NITDA Alerts Nigerians on Cybersecurity Risks Linked to Spotify
- E-Financial20 hours ago
MoneyMaster Promotes Financial Inclusion, Offers more Bonus to Customers
- Broadcasting20 hours ago
TETFund Suspends Foreign Scholarships Due to Rising Costs and Abscondment
- Telecom3 days ago
FG Plans Four New Satellites as Part of Tinubu’s Renewed Hope Agenda
- Telecom3 days ago
MTN Nigeria Shops for N50Bn Commercial Paper to Boost Working Capital
- E-Financial2 days ago
PenCom, PenOp to Integrate Uncovered Workers into Micro Pension Plan