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  • Trading on NSE closed bearish

     Transactions on the Nigerian Stock Exchange (NSE) on Friday closed for the week on a bearish note with the market indicators dropping by 0.03 per cent due to persistent profit taking. The market capitalisation lost three billion naira or 0.03 per cent to close at N11.751 trillion against N11.754 trillion posted on Thursday. Similarly, the… […]Read More
  • FBN holding Q1 pretax profit up 8.7 per cent

    First Bank Holding Company posted an 8.7 percent rise in its first quarter pretax profit to 26.94 billion naira ($135.38 million) after booking higher lending income. Interest income increased to N95.3 billion compared with N81.47 billion a year ago, the bank said in a filing with the Nigerian Stock Exchange…. This content is for Bronze, […]Read More
  • Nigerian interbank rates fall on matured bonds, T-bills

    Nigeria’s overnight lending rates halved to an average 6 percent on Friday from 12.25 percent last week after central bank retired large matured bonds and treasury bills in the week, boosting liquidity in the market, traders said. However, a technical glitch that hit the central bank’s trading platform hindered major fund transfers and placement in […]Read More
  • CBN orders banks, discount houses to crack down on delinquent debtors

    Following the rising trend of non-performing loans (NPLs) in the banking industry, the Central Bank of Nigeria (CBN) has ordered deposit money banks and discount houses to crack down on delinquent debtors. The banking industry’s volume of NPLs increased by N38.05 billion or 13.30 percent from N286.09 billion in December 2012 to N324.14 billion in… […]Read More
  • Using Webkudi Sharemoni with PayPal

    We are sending you this update fully aware that Nigerians and a few other Africans are allowed to have their own PayPal accounts, but we all know the issued accounts are ‘send only’. This means you will only be able to send money with the PayPal account and not receive. This also means you will […]
  • Law of Nigeria

      There are four distinct legal systems in Nigeria: English law which is derived from its colonial past with Britain; Common law, a development of its post colonial independence; Customary law which is derived from indigenous traditional norms and practice, including the dispute resolution meetings of pre-colonial Yorubaland secret societies and the Èkpè and Okónkò […]
  • 6 Things That Every Nigerian Must Know About The Nigerian Law

      Posted by Kehinde Adegbite on April 16, 2012 at 10:00pm View Blog Many Nigerians never think it is important for them to know certain things about their country’s law until an event compels them to do so. Can you imagine that some people are in prison out of ignorance?             I paid a visit […]
  • Unlike Aereo, DISH Network’s Streaming Service Doesn’t Infringe

    Last year, the Supreme Court all but destroyed Aereo, a company that made its money by streaming over-the-air broadcasting to people’s computers and mobile devices. Because Aereo, unlike cable TV companies, didn’t pay broadcasters and content providers for Aereo’s “performance” of their work, the Court found copyright infringement. At worst, the decision could have doomed […]Read More
  • Drunk Lawyer Who Groped Cabbie Convicted of Criminal Mischief

    I don’t even know where to start. Maybe at the end? On January 16, Louisiana lawyer Jennifer Gaubert was convicted of misdemeanor criminal mischief for filing a false police report. Gaubert is scheduled to be sentenced on February 13 and faces up to six months in jail — quite a difference from the felony she […]
  • What Is CISPA? Is the Latest Version Any Different?

    What is CISPA, and how is the current version of the bill different than in years past? In President Obama’s 2015 State of the Union address, he urged Congress to “finally pass the legislation we need to better meet the evolving threat of cyberattacks.” One bill that’s been introduced is the Cyber Intelligence Sharing and […]Read More
  • Proposed Bar Opinion: Your Blog May Be an ‘Attorney Communication’

    Well, this one hits close to home. At the end of last year, the State Bar of California proposed a formal ethics opinion on attorney blogging. We here at FindLaw’s Strategist are all in favor of attorney blogs (well, when they’re good, anyway), but the California opinion raises a few issues that blogging lawyers will […]