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THE IMPLICATION OF LIMITATION OF CASH WITDRAWALS/DEPOSITS: PROS & CONS.
On the 6th day of December, 2022 the Central Bank of Nigeria (CBN) issued a circular directing Deposit Money Banks, Payment Service of Bank (PSB) and other financial Institutions limiting cash withdrawal by customers from their accounts.
Our corporate commercial practice group recently reviewed the legal framework of this regulation from a pros and cons perspective.
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Territorial jurisdiction refers to the jurisdiction of courts over cases arising in or involving persons residing within a defined territory. In the context of enforcing arbitral awards, "territorial jurisdiction" refers to the specific court within a country that has the legal authority to recognize and enforce an arbitral award.
2025-02-22
We are pleased to announce the well-deserved promotion of Braye J. Tabai Esq. to Senior Associate at M. J. Numa & Partners LLP.
2025-10-03
