Editors vow legal action against abuse of Cybercrime Act - ITREALMS

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… NGE Standing Committee warns political class, tasks govt on insecurity

The Nigerian Guild of Editors (NGE) has raised strong concerns over the growing abuse of the Cybercrime (Prohibition, Prevention, etc.) Act by security agencies, particularly the police, to harass and intimidate journalists across the country, reports ITREALMS.

In a communiqué issued at the end of its Standing Committee meeting in Jos, Plateau State, on September 17, 2025, the Guild warned that it would “no longer tolerate” such violations and vowed to explore all legal options to defend press freedom and the fundamental human rights of journalists.

Akpoti-Uduaghan: Legal firm disowns letter trending on social media - ITREALMS

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A legal firm, Indemnity Partners, has disowned a letter trending on social media purporting to have been issued from the law firm in respect of Mrs. Natasha Akpoti-Uduaghan and the Alema of Warri, High Chief Emmanuel Oritsejolomi Uduaghan.

The legal firm insisted that it did not issue the said letter.

GOCOP, Zenith Bank legal adviser pay tribute to Sundiata Post CEO's father, High Chief Amuchie - ITREALMS

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The Guild of Corporate Online Publishers (GOCOP) and Mr. Mike Osilama, Legal Adviser, Zenith Bank Plc, have paid tribute to High Chief Emmanuel Ikonne Amuchie, the late father of Dr Max Amuchie, Chief Executive Officer of Sundiata Post Media Ltd and North Central Zonal Co-ordinator of GOCOP.

GOCOP, the umbrella body of professional journalists in Nigeria who are online publishers, said it was saddened to hear about the death of High Chief Amuchie.

Car parked @owners' risk and legal implications - ITREALMS

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The Implications from a Legal Perspective:
Many car owners or users have likely encountered the sign: "Cars Parked At Owners' Risk" prominently displayed at parking lots or spaces. 

This phrase often raises questions about its legal implications. What happens if your car is damaged, burgled, or even stolen? Who bears responsibility? Do you have enforceable rights or remedies under the law, or are you left to bear the loss?

All CBN issued banknotes remain legal tender - ITREALMS

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The apex banking institution in the country, the Central Bank of Nigeria (CBN) has reaffirmed that all its bank notes remain legal tender as issued, reports ITREALMS.

Director, Corporate Communications, CBN, Dr. Isa AbdulMumin, in a press statement available to ITREALMS, said that their attention have again been drawn to reports of a scarcity of cash across some major cities in the country despite assurances of sufficient cash stocks in all locations across
the country.

Official: CBN unmasks, says old naira notes still legal tender - ITREALMS

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At last, the Central Bank of Nigeria (CBN) has unmasked to say that the old N200, N500 and N1000 notes remain legal tender until December 31, 2023, reports ITREALMS.

The acting CBN spokesperson, Dr. Isa Abdulmumin, made this known to 
ITREALMS in a press statement on Monday evening.

African Legal Support Facility launches Academy Project - ITREALMS

ITREALMS:

The African Legal Support Facility (ALSF) has launched a flagship initiative, the ALSF Academy Project, reports ITREALMS.

Under this initiative, the ALSF has developed a three-level capacity building and certification program. This program will be conducted through an interactive online portal, starting with an inception phase consisting of a series of in-person workshops. It is an innovative tool that will efficiently produce, collect and disseminate knowledge, as well as provide tailor-made training solutions for African lawyers and professionals.

The ALSF is implementing the Academy Project in partnership with the East Africa Law Society (EALS), the Southern African Development Community Lawyers Association (SADCLA), the International Training Centre in Africa for Francophone Lawyers (CIFAF), the African Business Law Firms Association (ABLFA) and the capacity building organization, ILFA. In sum, the partner institutions, in collaboration with national bar associations are providing valuable support in designing and implementing the three-level certification program, with the aim of granting continuing legal education credits to participants.

The ALSF will hold an introductory level in-person training workshop in Kigali, Rwanda from 15-20 October 2018, for Anglophone African lawyers selected by the SADCLA and the EALS. The subject areas to be covered during the workshop include (i) mining; (ii) oil & gas; (iii) power; (iv) infrastructure and Public Private Partnerships; (v) sovereign debt; and (vi) the soft skills required for a successful legal practice (“Personal and Professional Development”).

Nenye Dom/GEE

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Virtual Currencies: CBN insists 'You’re on your own,' warns Nigerians

ITREALMS:

The apex bank in the country, the Central Bank of Nigeria (CBN) has insisted that virtual currencies are not legal tenders in Nigeria financial space, reports ITRealms.

Confirming this to ITRealms, the Acting Director, Corporate Communications at CBN, Mr. Isaac Okorafor, warned Nigerians engaging in virtual currency to note they are doing so, strictly at their own risk.

ITRealms gathered that a virtual currency also known as cryptocurrency, is a digital asset designed to work as a medium of exchange that uses cryptography to secure its transactions, to control the creation of additional units, and to verify the transfer of assets.

Also in a recent circular, entitled ‘Virtual Currencies not legal Tender in Nigeria’ Okorafor noted that this is in furtherance to an earlier circular issued by the Central Bank of Nigeria (CBN) on January 12, 2017 to all banks and financial institutions in the country.

As said by him, the Bank reiterated that cryptocurrencies such as Bitcoin, Ripples, Monero, Litecoin, Dogecoin, Onecoin, Empowr, etc and Exchanges such as NairaEx are not licensed or regulated by the CBN.

“For the avoidance of doubt, dealers and investors in any kind of crypto currency in Nigeria are not protected by law,” CBN declared.

 Virtual currencies, he explained are traded in exchange platforms that are unregulated, all over the world.

“Consumers may therefore lose their money without any legal redress in the event these exchangers collapse or close business,” CBN spokesman insisted.

Members of the public, especially Nigerian, he said, are “hereby warned that virtual currencies are not legal tender in Nigeria. Accordingly, we wish to caution all and sundry on the risks inherent in such activities.”

Chuks Egbune/GEE

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