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Nairametrics
Home Sectors Legal & Regulations

Seven major court cases investors, businesses are monitoring closely in May

Emeka Onyeks by Emeka Onyeks
May 9, 2026
in Legal & Regulations, Sectors, Spotlight
Federal High Court, REA
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The Nigerian business and economic environment is often shaped by what transpires in the courtrooms.

As of early 2026, about 165,905 cases were pending across all Federal High Court divisions nationwide.

According to the Chief Judge of the Federal High Court, Justice John Tsoho, 44,650 of these cases were civil in nature, comprising issues bordering on loans, oil disputes, financial services matters, shareholder return disputes, among others.

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About 5,818 criminal cases, including money laundering cases, were pending as of early 2026.

Judicial pronouncements on corporate matters not only enrich jurisprudence, but they can also affect how investors and stakeholders make financial decisions.

For instance, the Federal High Court in Abuja recently rejected a suit seeking to restrain the Federal Competition and Consumer Protection Commission (FCCPC) from probing alleged medical negligence complaints by patients.

Days later, the FCCPC and the National Agency for Food and Drug Administration and Control (NAFDAC) signed a fresh Memorandum of Understanding (MoU) to cooperate on the faster resolution of consumer complaints.

According to court cause lists and hearing dates disclosed to Nairametrics by legal teams, a number of corporate cases are pending that could impact businesses and corporate life.

Here is a breakdown of corporate cases and their proceeding dates: 
Jump to section

6. Global Gas vs Shell 

  • 7. Nigerian Insurers Association (NIA) and 17 insurance companies vs House of Representatives and Others 
  • 6. Global Gas vs Shell 
  • 5. FIRS vs Binance 
  • 4. EFCC vs Binance 
  • 3. EFCC vs Ex-Minister of Power, Saleh Mamman 
  • 2. EFCC vs Abubakar Malami and Others 
  • 1. EFCC vs Ex-Minister Sadiya Umar-Farouq 

An age-long Gas Processing Agreement (GPA) case between Shell Petroleum Development Company of Nigeria Limited (SPDC) and Global Gas and Refining Limited is pending at the Supreme Court, with the next hearing date fixed for May 22, 2026.

The case, which involves the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), was on February 23, 2026, adjourned indefinitely by the Federal High Court in Abuja, presided over by Justice Umar Mohammed, following notification that the parties were before the Supreme Court.

Nairametrics previously reported several adjournments in the case, in which Global Gas alleged that Shell failed to supply wet gas in accordance with the terms of their GPA dated March 15, 2002.

Global Gas had sought an order restraining the NUPRC from “approving, authorizing, consenting to, or otherwise granting permission for the $1.3 billion sale/divestment of the assets of the 1st Respondent (SPDC) to Renaissance Consortium.”

Shell’s legal team sought an order striking out Global Gas’s suit for lack of jurisdiction or, in the alternative, suspending the suit in view of a pending appeal at the Supreme Court.

Jump to section

6. Global Gas vs Shell 

  • 7. Nigerian Insurers Association (NIA) and 17 insurance companies vs House of Representatives and Others 
  • 6. Global Gas vs Shell 
  • 5. FIRS vs Binance 
  • 4. EFCC vs Binance 
  • 3. EFCC vs Ex-Minister of Power, Saleh Mamman 
  • 2. EFCC vs Abubakar Malami and Others 
  • 1. EFCC vs Ex-Minister Sadiya Umar-Farouq 
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Emeka Onyeks

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