$1 billion lawsuit
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Nigeria Legal Battle Unfolds Between First Bank and GHL Over Oil Contract Breach
General Hydrocarbons Limited (GHL) accuses First Bank of Nigeria (FBN) of contract breaches over Oil Mining Lease 120 funding, sparking a $1 billion lawsuit. Allegations include contempt of court by FBN Chairman Femi Otedola and operational losses. Shareholders demand leadership changes as the...- Nigeria News
- Article
- 1 min read
- $1 billion lawsuit first bank of nigeria general hydrocarbons limited nigerian banking dispute oil mining lease 120
- Category: Business
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