NEWS
Court Sets March 19 As New Date For Hearing In 9Mobile Ownership Dispute
A Federal High Court sitting in Abuja, will on March 19, hear an ongoing dispute over the ownership and control of Emerging Markets Telecommunication Service (EMTS) which is the holder and operator of 9Mobile Telecommunication licence.
The Plaintiff, Abubakar Isa Funtua had dragged General Theophilus Yakubu Danjuma (Rtd) and his company LH Telecommunication Limited, as well as the other Defendants to court over the ownership and control of Emerging Markets Telecommunications Limited trading under the name of 9Mobile.
The other Defendants are: Seltrix Limited (sued as the 1st Defendant); The Corporate Affairs Commission; Nigerian Communications Commission (NCC); Hayatu Hassan Hadeija; Teleology Nigerian Limited and one Mohammed Edewor, a Director in Teleology Nigeria Limited.
In his Statement of Claim, the Plaintiff seeks amongst other reliefs:
“A Declaration that he is the beneficial owner of the 43,000,000 (Forty-three Million) ordinary shares held in trust for him by the 1st Defendant (Seltrix Limited) in the capital of the 3rd Defendant (Teleology Nigeria Limited)”.
“A declaration that the acquisition of the 43,000,000 (Forty-three Million) ordinary shares purportedly transferred or surrendered to the 3rd Defendant (Teleology Nigeria Limited) in breach of the 1st Defendant’s (Seltrix Limited) duty as Trustee of the Plaintiff and in contravention of Clause 48 of the Memorandum and Articles of Association of the 1st Defendant (Seltrix Limited) is null, void and of no effect.”
“ That the purported registration of the transfer by way of surrender/gift of Forty-three Million (43,000,000) ordinary shares held by 1st Defendant (Seltrix Limited) in the capital of the 3rd Defendant (Teleology Nigeria Limited) is unlawful, null and void.”
“A declaration that the purported registration of the increase in the share capital and the allotment of the newly created One Billion, Nine Hundred Ten Million (1,910, 000, 000) ordinary shares in the capital of the 5th Defendant (Emerging Markets Telecommunications Services Limited) to the 8th Defendant (LH Telecommunication Limited) is in contravention of Section 127 of the Companies and Allied Matters Act, 2020 and is therefore null, void and of no effect.”
The Plaintiff consequently seeks for; “An order setting aside the purported registration by the 6th Defendant (Corporate Affairs commission) of the transfer by way of surrender/gift of Forty-three Million (43,000,000), ordinary shares held by 1st Defendant (Seltrix Limited) in the capital of the 3rd Defendant (Teleology Nigeria Limited).”
“An Order setting aside the purported registration by the 6th Defendant (Corporate Affairs Commission) of the increase in the share capital and the allotment of the newly created One Billion, Nine Hundred Ten Million (1,910, 000,000) ordinary shares of the 5th Defendant (Emerging Markets Telecommunications Services Limited) in contravention of Section 127of the Companies and Allied Matters Act, 2020.”
The Plaintiff also seeks the sum of One Hundred Billion Naira (N100,000,000.00) as general damages from the Defendants jointly and severally, amongst other reliefs.
(S) The Nigeria Lawyer
NEWS
Governor Dauda Lawal Chairs Security Council Meeting, Vows Unprecedented Support for Frontline Troops
Governor Dauda Lawal of Zamfara State has reaffirmed his administration’s unwavering resolve to back security forces in the ongoing campaign against insurgency, banditry and other violent crimes plaguing the state.Presiding over the weekly State Security Council meeting on Thursday, June 25, at the Government House in Gusau, the governor convened the state’s top security brass for a high-level strategic session aimed at recalibrating the state’s counter-insurgency approach.In a terse but firm statement, Governor Lawal disclosed that deliberations centered on reinforcing troop deployments in high-risk zones, fast-tracking intelligence-sharing mechanisms and overhauling rapid-response protocols to better safeguard civilian populations.”I want to make it clear to every service commander in this room; the welfare and operational readiness of our troops remain non-negotiable. My administration stands ready to authorize every required resource logistical, material and otherwise to ensure they operate at full capacity,” Lawal declared.The governor underscored that his foremost priority remains the restoration of lasting peace across Zamfara and he assured security chiefs of his open-door policy, urging them to channel operational needs directly to his office without bureaucratic bottlenecks.With the meeting concluding, sources indicate that concrete action plans are being finalized to boost joint task force patrols and community intelligence networks, signaling a renewed offensive push in the coming weeks.
NEWS
Breaking Barriers, Building Legacies: Fiona Ahmed Ahimie Launches LEADHER Mentorship Session to Inspire the Next Generation of Female leaders
Lagos, Nigeria – June 2026 – As part of activities leading up to her investiture as the 14th President of the Chartered Institute of Stockbrokers (CIS) and the first female President in the Institute’s history, Dr. Fiona Ahmed Ahimie, Managing Director of First Securities Brokers Limited, hosted the inaugural LeadHER Mentorship Session on Thursday, June 18, 2026.The session, themed “Leading with Purpose, Breaking Barriers, Building Legacy,” brought together emerging female professionals and aspiring leaders from across various industries for an engaging afternoon of mentorship, learning, and empowerment.The LeadHER Mentorship Session was designed to provide participants with practical insights into leadership, career advancement, personal development, and navigating challenges in the traditionally male-dominated sectors. Through candid conversations and shared experiences, attendees gained valuable perspectives on building successful careers while creating lasting impact within their organizations and communities.Speaking at the event, Dr. Ahimie noted that leadership is not merely about achieving personal success but about creating pathways for others to thrive.”Throughout my professional journey, I have benefited from the guidance, support, and encouragement of remarkable mentors. The LeadHER Mentorship Session is an opportunity to pay that forward by equipping and inspiring the next generation of women to pursue excellence, embrace leadership opportunities, and break barriers with confidence,” she said.The mentorship session forms part of a broader commitment to advancing female participation and leadership within Nigeria’s financial services industry and the wider corporate ecosystem. It also reflects Dr. Ahimie’s longstanding dedication to talent development, professional excellence, and inclusive leadership.The event provided a platform for meaningful dialogue, networking, and knowledge sharing.Dr. Ahimie’s investiture as President of the Chartered Institute of Stockbrokers marks a historic milestone for the Institute and the Nigerian capital market, underscoring the growing role of women in shaping the future of the financial services industry.
NEWS
Insecurity: Governor Dauda Lawal Commends Troops for Recovering Ammunitions, Rustled Cattle
Zamfara State Executive Governor, Dr Dauda Lawal has commended the troops for their efforts and commitment to the fight against banditry in the state.On Saturday, the Violence Crime Response Unit (VCRU) of the Zamfara Police Command successfully recovered 329 cattle and 175 sheep from bandits in the Gambanda forest in Gummi Local Government.Governor Lawal, while appreciating the troops, described the Zamfara State Police’s renewed efforts as encouraging and promising in the fight against banditry.He said, “I commend the effort of all the security operatives in Zamfara State, especially the Zamfara State Police Command, for its resilience, bravery and commitment in recovering 329 cattle, 175 sheep, weapons and ammunition from bandits.”The police engaged and overpowered the bandits in Gambanda forest in Gummi local government area, which led to the recovery.”This commendable action reflects their tireless work in the face of challenges posed by criminal elements and underscores the police’s role in protecting the livelihoods of the people of Zamfara State.”The remarkable display of bravery and the successful recovery of livestock and weapons highlight the strong leadership of the Commissioner of Police, CP Ahmed Muhammad Bello. His guidance has been instrumental in improving public safety and combating banditry.”My administration remains committed to providing support to all security agencies in their efforts to ensure safety and security for our people.”
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