The World Bank Group has imposed a 30-month suspension on two Nigerian companies, Viva Atlantic Limited and Technology House Limited, as well as their Managing Director...
Dangote Petroleum Refinery and Petrochemicals FZE, on Monday, January 20, 2025, failed to withdraw its lawsuit seeking to void import licenses issued to the Nigerian National...
Dr. Oba Otudeko, Chairman of Honeywell Group, has addressed the ongoing conflict between First Bank of Nigeria (FBN) and General Hydrocarbons Limited (GHL). Reports indicate that...
Representatives from the Central Bank of Nigeria (CBN) and First Bank of Nigeria (FBN), along with other witnesses, are set to testify against Chief Oba Otudeko,...
First Bank of Nigeria Limited (FirstBank) has issued a press release addressing its ongoing legal and commercial dispute with General Hydrocarbons Limited (GHL). The bank explained...
The United States Securities and Exchange Commission (SEC) has filed a lawsuit against Elon Musk, alleging that his purchase of Twitter shares in 2022 violated federal...
Nigerian President Bola Ahmed Tinubu arrived in Abu Dhabi on Sunday and quickly met with Femi Otedola, the chairman of FBN Holdings Plc. Upon his arrival...
A Federal High Court has issued a series of orders, including Mareva injunctions, to freeze assets and accounts linked to General Hydrocarbons Limited, its affiliates, and...
The Federal Government has accused the Central Bank of Nigeria (CBN) of misappropriating N2.73 trillion in interest payments from Ways and Means advances, raising serious concerns...
The Nigerian government has denied any hidden agenda behind the country’s investment agreements worth over €300 million with France. The Federal Ministry of Foreign Affairs issued...