• September 27, 2018

    HIGHLIGHT ON THE CENTRAL BANK’S REGULATION ON INSTANT (INTER-BANK) ELECTRONIC FUNDS TRANSFERS IN NIGERIA

    By Victor Chikezie  The Central Bank of Nigeria on the 13th of September 2018 introduced a Regulation for Instant Electronic Transfer Funds (EFT) Services in Nigeria. The new regulation titled: ‘Regulations on Instant (Inter-Bank) Electronic Funds Transfer Services in Nigeria’ was issued to all deposit money banks, microfinance banks, mobile money operators and other financial institutions; with the aim of regulating all Instant EFT services on various payment channels in Nigeria. The Regulation makes provision for Responsibilities of a Sending and Receiving Entity in an EFT, stipulates stiff sanctions for non-compliance, and also provides for Dispute Resolution mechanisms to aid […]

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  • August 28, 2018

    The 58th NBA Annual conference commenced in Abuja on Sunday with about 10, 000 lawyers, the biggest gathering in Africa

    The Nigerian Bar Association (NBA) Annual General Conference (AGC), which commenced in Abuja on Sunday, is coming on the heels of a number of controversies that have trailed the association in recent weeks. The programme, which will hold August 26-30 in Abuja, will have as its theme: ‘Transition, Transformation and Sustainable Institutions’ with Ghana’s President, Akufo-Addo as keynote speaker. Among the controversial issues is the ratification of the just-concluded NBA national elections by the National Executive Committee (NEC) . The other candidates in the election that produced Paul Usoro (SAN) as the new President of the NBA, were Prof Ernest […]

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  • August 28, 2018

    Lawyers’ vox populi on the 58th annual general conference of the NBA

    Our association should be concerned with members welfare, rule of law’SHUAIB ALARAN I think a lot of people have been debarred the opportunity of attending the conference. It looks to me that certain cabals, who actually want to restrict the attendance of the conference to only the moneybags, have hijacked our noble association. It will interest you to know that the registration fee for members who are just between 1 to 5 years is N80, 000, which is the least. Members who are 20 years and above are to pay N300, 000, while the SANs will pay N500, 000, apart from […]

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  • July 22, 2018

    Oldest Nigeria practicing lawyer, Pa Gomez dies at 90

    Acclaimed oldest Nigeria lawyer, Pa Tunji Fortunatus Gomez died Tuesday night. According to report, the death of Pa Gomez was officially announced by the Nigerian Bar Association, NBA, Lagos branch through its Chairman, Mr. Chukwuka Ikwuazom. Vanguard gathered that Pa Gomez as he was popularly called marked his 90th birthday some months back with pomp and pageantry. Announcing the lawyer’s passing away, the Lagos NBA branch chairman simply stated : “It is with a heavy heart that I announce the passing of Pa Tunji Gomez. Pa Gomez was until his death yesterday night, the oldest practising lawyer in Nigeria and […]

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