AMCON asks the banks to comply with the order freezing all accounts belonging to General Hydrocarbons and placing post ...

A Federal High Court in Lagos has issued an order restraining all banks in Nigeria from releasing or dealing with funds and assets belonging to an Indian ...

Nigerian banks have taken over and placed Nestoil Limited under receivership over alleged debt amounting to $1 billion. The ...

Police have sealed off the corporate headquarters of Nestoil Limited in Victoria Island, Lagos, after the company ...

Nestoil Group on Tuesday addressed recent media reports concerning enforcement actions involving some of its assets, ...

The corporate headquarters of Nestoil Limited, located on Victoria Island, Lagos, has been sealed by the police after the ...

Specifically, they were alleged to be owing FCMB and United Capital Trustees Limited of the sum of N4, 540, 325, 140.36 billion. While they were accused of owning Union Bank Plc and United Capital ...

Justice Dipeolu granted multiple orders freezing Nestoil bank accounts and shares across more than 20 financial institutions in Nigeria.

A new generation bank, Lotus Bank, has dragged 45 banks in Nigeria before the Federal High Court in Lagos to recover the sum ...

Justice Deinde Dipeolu of the Federal High Court has granted leave to Lotus Bank Limited to take control of the properties ...

Lotus Bank files suit against 45 financial institutions over N1.13 billion allegedly withdrawn during E-Bills Pay system failure.

The Federal High Court in Lagos has ordered the takeover of assets belonging to Nestoil Limited, its affiliate Neconde Energy ...