Court voids eNaira Ltd’s name, awards N10m fine in CBN’s favour

The Federal High Court in Abuja on Friday, made an order of perpetual injunction restraining the eNaira Payment Solutions Ltd from parading itself as the registered proprietor of the trademark, “eNaira.” Justice James Omotosho, in a judgment, also granted the Central Bank of Nigeria (CBN)’s counter claims and awarded N10 million against the company. Justice ...