Business
How Seplat’s ex-chairman Ambrosie Orjiako fraudulently hid assets over $220.3m Access Bank debt
A British Virgin Islands (BVI) court has ruled that Ambrosie Orjiako, a former chairman and co-founder of Seplat Energy Plc, fraudulently concealed assets…
NORD Motors Boss, Oluwatobi Ajayi Accuses Stanbic IBTC Of Unauthorised N700 Million Debit
Founder and Chief Executive Officer of Nigerian auto manufacturer Nord Automobiles, Oluwatobi Ajayi, has accused Stanbic IBTC Bank of unilaterally debiting N700 million…
Parallex Bank sued over alleged withholding of €7.3m shipping documents
FHT Mega Express Limited, a Lagos-based equipment, machinery, and logistics company, has dragged Parallex Bank Limited before the Lagos State…
Ex-NNPC topshot, Paulinus Okoronkwo, forfeits property to US govt over $2.1m bribe
Paulinus Okoronkwo, a former topshot of the Nigerian National Petroleum Corporation (NNPC) has forfeiture one of his properties in California…
Customers lose N230.9m as Alpha Morgan Bank suffers system glitch
Alpha Morgan Bank Limited, one of the newest entrants into the Nigerian financial industry, is currently battling to recover about…
Alleged Debt of N3.17 Billion, $835,486.76: Court Freezes Plural Oil’s Accounts
Justice Akintayo Aluko of the Federal High Court in Lagos has issued an interim order to freeze the bank accounts…
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