debt

U.S. court summons Davido to New York for stealing 2024 soundtrack, failing to pay $45,000 debt

The United States District Court for the Southern District of New York in Manhattan has given Nigerian singer, David ‘Davido’…

Timi Alaibe’s Firm; Zomay Marine & Logistics Ltd in N131.1m; $19.9m debt

Further hearing of the insolvency suit filed by Sterling Bank Plc against Zomay Marine and Logistics Limited, linked to a…

Reps probe Oando, Chevron, Mobil, Shell, AITEO, Seplat, others over N9.4trn debt

Nigeria’s House of Representatives, through its Committee on Public Accounts, is commencing investigative hearings aimed at addressing significant outstanding debts…

Businessman Ogbole Drags FCMB To Court, Seeks $60,206, N25M For ‘Unpaid Commission’

A businessman, Michael Ogbole, has instituted a lawsuit against First City Monument Bank (FCMB), demanding $60,206.66 as ‘unpaid commission’ from…

Police indict Sterling Bank for alleged ‘$28.3m money laundering, fraudulent deductions’

Sterling Bank Limited and its holding company, Sterling Financial Holdings Company have been accused by the Nigeria Police Force of…

General Hydrocarbons Accounts Frozen Amidst $225.8 Million Debt Dispute

The Federal High Court in Lagos has frozen the accounts of General Hydrocarbons Limited owned by Mr. Nduka Obaigbena, in all financial…

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