Justice Ambrose Lewis-Allagoa of the Federal High Court of Nigeria, Lagos Division, has granted an interim Mareva injunction freezing copyright levy funds payable to the Musical Copyright Society of Nigeria (MCSN), restraining the Central Bank of Nigeria (CBN) and no fewer than 20 commercial banks from disbursing or releasing the funds pending further hearing. The order was made in Suit No. FHC/L/CS/207/2026 following an ex parte application filed on February 5, 2026, by Record Label Proprietors’ Initiative and 11 leading record labels and music companies. The plaintiffs include Mavin Records…
Read MoreCOPYRIGHT LEVY FUNDS: COURT RESTRAINS MCSN, CBN, 20 BANKS FROM DISBURSEMENT
