A Federal High Court in Lagos on Wednesday adjourned until May 28 hearing of a 55 million dollars debt recovery suit by the Federal Government against Agip Oil Company Ltd. Oil The government had filed several suits seeking to recover about 12 billion dollars in missing crude oil revenue from some international oil companies.
Chevron loses first round in FG ‘missing crude’ recovery case MARCH 1, 2018 Justice Olatoregun of the Federal High Court, Lagos has struck out a preliminary objection by Chevron Petroleum Nigeria Ltd against the Federal Government of Nigeria in the action to recover almost US$ 12 billion in missing crude oil revenue from international oil companies.
Justice Rilwan Aikawa Aikawa of a Federal High Court, Lagos has struck out the preliminary objection filed by China National Offshore Oil Corp (CNOOC) Exploration and Production Nigeria Limited against the Federal Government in a $12b missing crude oil suit.
President Muhammadu Buhari who commissioned the Novare Gateway Mall in Abuja, tasked the management of the newly opened facility to embrace the local content policy so as to promote made-in-Nigeria goods, stem capital flight and conserve the most needed foreign exchange.
PRESIDENT Muhammadu Buhari, on Thursday, tasked the management of Shoprite to embrace the local content policy of his administration, with a view to promoting made-in-Nigeria goods, stem capital flight and conserve the most needed foreign exchange.
Nigeria’s mall segment of the real estate sector has continued to thrive, notwithstanding the supposed downturn in the industry. This position is further buttressed with the investment of $68 million in the development of Novare Gateway Mall in Abuja.
The ceremonial launch of the book, Collecting Art- A Handbook at the Wheatbaker Hotel, Ikoyi provided the platform for art collectors and enthusiasts to stress the need for preserving culture through artefacts and art. Chaired by Dr. Okey Anueyiagu, the ceremony was organised in honour of the co-authors for the book, Professor Fabian Ajogwu SAN and famed collector, Jess Castellote, also regarded as Spanish-Nigerian.
A Federal High Court in Lagos will on Jan. 23, 2018, resume hearing of a $406.8 million suit instituted by the Federal Government against Shell Western Supply & Trading Ltd, over crude oil shipment. The suit numbered FHC/L/CS/336/16 was filed by Prof. Fabian Ajogwu (SAN), counsel to the Federal Government.
Poised to help artists raise their game and collectors to be discerning in art collection, two art enthusiasts and authors, Professor Fabian Ajogwu and Spanish-Nigerian, Jess Castellote, will present an art book on Friday titled, Collecting Art: A Handbook, to the public in Lagos.
A South African corporate governance expert and former Supreme Court judge, Mervyn King, will give the keynote address at the 10th edition of the annual conference of the Society of Corporate Governance of Nigeria, holding in Lagos September 27.
The 10th annual conference of the Society for Corporate Governance Nigeria will hold on Wednesday, September 27. The theme is ‘Institutionalisation of Corporate Governance as a tool for National Economic Development.’
The Society for Corporate Governance Nigeria (SCGN) has called for behavioural and institutionalised mechanism for Corporate Governance in Nigeria.
The Society for Corporate Governance Nigeria has recommended adherence to corporate governance as one of the means to curb corruption in the country.
Professor Fabian Ajogwu, SAN Elected as Stanbic IBTC Independent Non-executive Director
Stanbic IBTC Holdings Plc has announced its audited financial statements for the year ended 31 December 2016. The result showed the group’s profit after tax increased by 51 per cent from N18.90 billion earned in 2015 to N28.52 billion in 2016.
Professionals Charge Businesses on Corporate Governance, Open New Office
Former Nigeria High Commissioner to the United Kingdom and founding president of the society, Christopher Kolade, gave the charge at the opening of its office in Lagos. He noted that the charge became necessary, as the country was not performing at its optimum capacity in all sectors, and especially in corporate governance issues.
Kenna Partners Principal Partner Appointed by NBA as Alternate Chairman on Disciplinary Committee (Lagos)
The Nigerian Bar Association (NBA) has reconstituted membership of its disciplinary committee to stem indiscipline. At the inauguration of nine NBA technical committees in Abuja, its President, Abubakar Balarabe Mahmoud (SAN), said it had become necessary to reconstitute its disciplinary committee to enthrone discipline and decency which distinguish the legal practice as a noble profession.
Stand Up for Human Rights, Prof. Fabian Ajogwu, SAN Urges Lawyers
Prof. Fabian Ajogwu (SAN) has called on lawyers to stand up for the rights of the less privileged. He spoke on ‘The Role of Religious Bodies in the Dispensation of Social Justice’ at the annual dinner of the Lagos Diocese of the National Association of Catholic Layers (NACL) last Friday. The event was chaired by Professor Pat Utomi and anchored by TV personality Soni Irabor and Chima Ezife.
Kenna Partners Principal Partner Gives Speech at Installation Ceremony of Rotary Club President
The Rotary Club of Lagos had the Installation Ceremony of Rotarian Soboma Ajumogobia as the 57th President on Friday the 7th of July 2017. The ceremony also served as an Induction of the Board of Directors and the Annual Fundraising Dinner.
Kenna Partners Principal Partner Gives Opening Remark at Annual Arbitration Conference
The Principal Partner, Professor Fabian Ajogwu, SAN gave the Opening Remarks at the 2017 Annual Arbitration Conference in his capacity as the Vice President/General Secretary of the Nigerian Institute of Chartered Arbitrators (NICArb). The conference took place on the 22nd of June at the Oriental Hotel, Victoria Island, Lagos.
Stanbic IBTC appoints Prof. Fabian Ajogwu (SAN) Independent Non-executive Director
The board of directors of Stanbic IBTC Holdings Plc has approved the appointment of Professor Fabian Ajogwu, SAN as an independent non-executive director of the company with effect from July 03, 2017, following the receipt of all required regulatory approvals.
Lawyers Decry Decline in Reading Culture
The twin issue of decline in mentorship and reading culture took a centre stage at the public presentation of a book: “Ship Acquisition & Finance: Law & Practice”, authored by a Lagos based Senior Advocate of Nigeria (SAN), Professor Fabian Ajogwu to help investors and businesses navigate the complexities of international shipping finance in the context of the Nigerian economy.
The first female Senior Advocate of Nigeria in the country, Chief Olufolake Solanke, has expressed optimism that though Nigeria is sick, it will be healed with the unbiased application of the country’s laws, which she noted the country has in abundance.
Principal Partner, LEAP Africa & Others Support Nigerian Businesses on Balancing Growth & Profitability at 12th Annual CEOs Forum
The vision of every entrepreneur is to be very successful and a key leader in the industry. Growth, when successfully managed, will deliver sustainable result not only for the entrepreneur but also for the economy and society. This was underscored by Ralph Ozoude, Managing Director, United Parcel Service (UPS) in his opening remark at the 12th CEOs Forum sponsored by UPS, Sterling Bank, Interswitch on Thursday, June 1st, 2017.
This year’s LEAP Africa 12th CEO’s forum took place on the 1st of June at the Landmark Event Centre, VI, Lagos. The theme was ‘Managing Growth for Profitability’ and was aimed at developing dynamic and innovative African leaders.
The Principal Partner, Professor Fabian Ajogwu, SAN sits on the Board of Directors of the AIFA Reading Society, a non-profit organisation committed to enabling people with development through reading.
Federal High Court Strikes Out Unlawful Fine Imposed by NOSDRA Against ExxonMobil, Represented by Kenna Partners
In what industry analysts referred to as a landmark decision in the oil and gas sector, the Honourable Justice Ojukwu of the Federal High Court, Uyo Division, on Tuesday, May 16, 2017 held that the imposition of fines by Regulatory Agencies was unlawful. The Court delivered this Ruling on a Motion filed by Mobil Producing Nigeria Unlimited in Suit FHC/UY/CS/1623/2016 – National Oil Spill Detection & Response Agency (NOSDRA) vs. Mobil Producing Nigeria Unlimited.
World intellectual property day was established by the World Intellectual Property Organization (WIPO) in 2000 to “raise awareness of how patents, copyright, trademarks and designs impact on daily life” and “to celebrate creativity, and the contribution made by creators and innovators to the development of societies across the globe”.
Kenna Partners Principal Partner speaks on Corporate Governance in Public Institutions in Nigeria at AMCON
Dr Fabian Ajogwu, SAN spoke at the Assets Management Corporation of Nigeria (AMCON) Annual retreat held on Saturday, January 18, 2014 at the Colonades Hotel, Ikoyi, Lagos. He spoke on “Corporate Governance in Public Institution in Nigeria”, and emphasized the need for good corporate governance practice in public institutions. In his remarks, he stated that when good corporate governance is in place, there would be sustainable development and growth.
Israel Ambassador to Nigeria, Mr. Uriel Palti, has said there was need for Israel and Nigeria to have confidence in the safety of their citizens in both countries. Palti, who stated this when he was hosted to a dinner by a law firm, Kenna Partners, in Lagos recently, expresses his heartfelt appreciation to the Nigerian people for the hospitality so far shown on him, stating that himself and wife felt at home with the warmth with which Nigerians received them. He added that the experience was the same when he visited the President, Dr Goodluck Jonathan in Abuja.
A Federal High Court in Rivers State has struck out a NGN 7 billion suit filed against Mobil Producing Nigeria Unlimited (MPN) by one Alabo Tolofari and others.
Kenna Partners Represents Federal Government in Suit Filed by Suspended Governor of Central Bank of Nigeria
A Federal High Court in Lagos on Friday adjourned to March 21 a suit filed by the suspended Governor of the Central Bank of Nigeria, Mallam Lamido Sanusi, seeking an order restraining the police, the State Security Services and other law enforcement agencies of government from arresting him.
Justice Ibrahim Buba adjourned the matter after the defendants in the suit sought more time to file their responses.
The Community Court of Justice of the Economic Community of West African States (ECOWAS) sitting in Lome, the capital of Togo, has dismissed an N84 billion suit filed against the Federal Government of Nigeria by a group, the Registered Trustees of the Socio-Economic Rights and Accountability Project (SERAP).
The Edo State Government has challenged the jurisdiction of a Lagos State High Court to adjudicate on a suit instituted by an estate surveyor, Mr. Albert Elaiho, over the planned sale of Edo House located in Lagos.
Edo State Governor Adams Oshiomhole had announced plans to sell the disputed house which in on 1225, Ahmadu Bello Way and 1225 Bishop Oluwole Street, Victoria Island, Lagos and use the proceeds to develop Edo.
The Court of Appeal sitting in Lagos on Friday May 14, 2014 gave a landmark Judgment which affirmed the power of the Nigerian Maritime Administration and Safety Agency (NIMASA) to detain vessels in accordance with the provisions of the Merchant Shipping Act 2007.
In a unanimous Judgment on the appeal filed by NIMASA,the Appeal Court reversed the earlier judgment of the Justice Okon Abang of the Federal High Court which awarded N6.8b against NIMASA in favour of Hensmor Nigeria Limited. In the lead Judgment, read by Hon. Justice Chinwe Iyizoba JCA and supported by Justices Sidi Bage JCA and Rita Pemu JCA, the Court of Appeal agreed with the arguments of the counsel to NIMASA, Mr. Louis Mbanefo, SAN, Chief Adegboyega Awomolo, SAN and Dr Fabian Ajogwu, SAN of Kenna Partners and allowed the Appeal on the ground that there was no credible evidence upon which judgment was entered in favour of Hensmor Nigeria Limited by the lower court. The Respondent was represented by Mr. Kola Awodein, SAN.