FIRST BANK OF NIGERIA LTD & ORS V. SECURITIES AND EXCHANGE COMMISSION & ORS

E. O. WILLIAMS-DAWODU, JCA (Delivering the Leading Judgment): The Applicants herein vide Motion on Notice filed July 26th 2018 pursuant to Order 6 Rules 1, 9 (1) & (2) of the Court of Appeal Rules 2016, Section 24 (2) & (4) of the Court of Appeal Act and under the inherent jurisdiction of this Court, seek the following orders:

1. AN ORDER enlarging the time within which the Applicants may appeal against the judgment of the Investments and Securities Tribunal (Tribunal) delivered on 27 January 2009 in Suit No: 1ST/OA/06/08;

2. AN ORDER allowing the Applicants to use the already compiled, transmitted and served Record of Appeal in Appeal No. CA/A/271/2009, in this appeal;

3. AN ORDER STAYING EXECUTION of the judgment of the Tribunal delivered on 27 January 2009 in Suit 1ST/OA/06/08, pending the determination of the Applicants' Appeal before this Honourable Court.

There are ten (10) grounds upon which the Orders are sought as contained in the motion paper. In support of the application is a 30 paragr…