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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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The Federal Capital Territory High Court sitting in Wuse Zone 2, Abuja Coram: Nwosu-Iheme J. handed down a landmark decision giving appropriate procedural directions on the steps to be taken in the process of facilitating the recognition and enforcement of an Arbitral Award in Suit No. FCT/HC/CV/620/2022 between Dr. Marianne J. Ngoulla v. The Economic Community of West African States (ECOWAS) on the 28th day of March, 2023.
2023-09-12
We are pleased to have represented the Economic Community of West African States (ECOWAS Commission) in a Contentious Litigation before the Federal Capital Territory High Court, Sitting in Abuja Nigeria Coram: Kutigi .J in suit No: FCT/CV/ 475/2018 in matter instituted by Spanish Attorney; Ramon Trillo Maquina claiming professional fees from his representation of the Commission in an LCIA Arbitration in London.
2022-10-20