Tag: Nduka Obaigbena

FBN Vs Obaigbena: Navy Arrests Crude Oil Cargo Owned By GHC

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Olayiwola Oshunrinade A crude oil cargo owned by General Hydrocarbons, chaired by the Chairman and Editor-in-Chief of THISDAY and ARISE Media Group, Nduka Obaigbena, has been seized by the Nigerian Navy following the legal tussle with First Bank of Nigeria, with Femi Otedola as Chairman. A report by an online media confirmed the development, which […]

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Court Freezes Thisday, Arise TV Chairman Nduka Obaigbena’s Bank Accounts Over Alleged $225.8m Debt

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Olayiwola Oshunrinade The Federal High Court in Lagos has granted an order of Mareva injunction restraining all commercial banks and financial institutions operating in Nigeria from releasing any money or assets up to the sum of $225,802,379.69 to General Hydrocarbons Limited, being the outstanding loan owed First Bank Nigeria as of September 30, 2024. The […]

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