The Federal High Court in Lagos on Thursday, November 20, 2025, lifted the Mareva injunction that had frozen Nestoil Limited’s assets and those of its...
Nestoil Group has assured stakeholders that its operations remain fully functional despite the enforcement action carried out against its assets by a consortium of lenders....
Armed police officers on Tuesday sealed the Lagos headquarters of Nestoil Limited, owned by businessman Ernest Azudialu-Obiejesi, following a Federal High Court order authorising First...
First Bank of Nigeria Limited (FirstBank) has secured a major legal win against General Hydrocarbons Limited (GHL), owned by Arise TV founder Nduka Obaigbena, at...
The Federal High Court in Lagos has set aside a Mareva order that froze the assets of General Hydrocarbons Limited (GHL) and its directors,...
The ongoing legal dispute between First Bank, owned by billionaire Femi Otedola, and General Hydrocarbons Limited, chaired by media mogul Nduka Obaigbena, has escalated...
Lawyers representing Nduka Obaigbena, the editor-in-chief of THISDAY Media Group and chairman of Arise TV, have described the freezing order obtained by First Bank...
Femi Otedola, chairman of First Bank’s holding company, has reportedly asked Folake Ani-Mumuney, the bank’s global head of marketing and corporate communications, to resign....
First Bank Nigeria has declared the reinstatement of processing fees on cash deposits exceeding N500,000, effective from May, as communicated in a statement addressed to its...
First Bank of Nigeria has appointed Olusegun Alebiosu as its new Acting Managing Director (MD) and Chief Executive Officer (CEO). This announcement comes after the abrupt...