Court Rules on Ownership of Newswatch as Jimoh Ibrahim Applies for Stay of Execution

Justice Ibrahim Buba of the Federal High Court, Lagos on Monday nullified the Share Purchase Agreement (SPA) which transferred ownership of Newswatch Communications Limited to Global Media Mirror Limited owned by Lagos based businessman, Jimoh Ibrahim. However, the management of the publication is set to file for a stay of execution of the verdict Tuesday. … Continue reading Court Rules on Ownership of Newswatch as Jimoh Ibrahim Applies for Stay of Execution