Olumide Babalola
Court dismisses case against CBN’s directives on bank charges
The Federal High Court sitting in Abeokuta, Ogun State Capital, has dismissed a suit instituted by a legal practitioner, Olumide Babalola, challenging the Central Bank of Nigeria (CBN) policy on Current Account maintenance Fee contained in the Guide to the Charges by Banks and other financial Institutions of January 2020. Babalola had instituted the action in the name of his law firm, Babalola LP, in which he contended that the policy and guidelines of the CBN violated his fundamental human rights. The CBN, through its Counsel, Adeleke Agbola, of Cheakley Chambers, however challenged the suit on the ground that the plaintiff lacked the legal capacity to institute the suit on a policy that affects the public. In his Notice of Preliminary Objection to the Suit, Agbola had contended that the ...
Lekki shooting: CNN objects to Lagos panel’s invitation
Cable News Network, Inc. (CNN) has protested against its invitation by the Lagos Judicial Panel of Inquiry to appear before it on Saturday, December 12, 2020, (today), over the alleged killing of peaceful #EndSARS protesters by soldiers in October. The news outfit said the panel does not have the jurisdiction to summon its staff to testify before it because they are not in Nigeria. The panel had invited CNN following its two-part report on the Lekki shooting incident. The report had claimed that Nigerian soldiers shot at and killed peaceful #EndSARS protesters on the night of October 20 at the Lekki toll gate, Lagos. According, the objection file by CNN’s Lawyers, Messrs. Olumide Babalola LP and dated 4th December 2020 at the Tribunal on December 9, 2020, stated that the panel is bereft of...
