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Justice Akintayo Aluko of the Federal High Court in Lagos has restrained the Industrial And General Insurance Company Plc from holding its Annual General ....
The government through its interventions by requiring companies to disclose their significant owners, alongside other regulations helps reveal the true beneficiaries behind corporate entities, making it difficult for individuals or entities to hide their involvement in potentially corrupt activities. They further discourage the creation of shell companies used for money laundering or concealing corrupt practices, since the ultimate beneficial owners must be disclosed. ....
In conclusion, the foundation for the jurisdiction to hear and determine an action against the Corporate Affairs Commission is hinged on relevant provisions of the law and failure to adhere to these laws will rob the Court of the jurisdiction to entertain Suits brought before it. This has thus in recent years, tremendously reduced the ease of filing frivolous suits against the Commission. ....
A Federal High Court sitting in Abuja has restored Senator Ifeanyi Godwin Ararume as non-Executive Chairman of the Nigeria National Petroleum Company (NNPC) Limited. ....
An Overview Of The Nigerian Financial System -By Oyetola Muyiwa Atoyebi & Farida Ajibade opinionnigeria.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from opinionnigeria.com Daily Mail and Mail on Sunday newspapers.