Tomi Lala

Senate approves Ayogu as CBN board director

The Senate on Tuesday officially confirmed the appointment of Professor Melvin D. Ayogu as a member of the Central Bank of Nigeria Board of Directors. Ayogu, an indigene of Enugu State, is a Professor of Economics at the University of Cape Town, South Africa. The appointment was approved following the presentation and subsequent review by…

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Court orders MTN Nigeria to pay firm N770m for trademark offence

Communications Ltd. and the Registrar of Trademarks, Patents & Designs to pay N770 million in damages for infringing on Citilink Accesscorp Limited’s registered trademark “WEBPLUS.” The court found MTN guilty of unauthorised use of the “WEBPLUS” trademark, which Citilink lawfully registered under Class 9 of the Trademark Registry. Justice Osiagor issued a perpetual injunction prohibiting…

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