Browsing: General News

The jury has been out and a bit vocal on many of the problems considered as afflicting the Nigerian capital markets, now directly under Katuka’s oversight, as including issues of inadequate regulation, the lack of transparency and accountability in much of the financial dealing, low investor confidence and participation, and insider trading coupled with market manipulation.

Justice Lewis-Allagoa ruled “that an Order of Interim Injunction is granted restraining the Defendants from removing the Plaintiff/Applicant and/or interfering with his duties as Chairman of the Body of Benchers appointment committee during his tenure from 28th March 2024 to 27th March 2027, pending the hearing and determination of the Motion on Notice for Interlocutory Injunction.”