GHL and its Directors still under court injunction – First Bank
First Bank of Nigeria has insisted that contrary to reports circulating in the media, the Federal High Court in Lagos, ...
Tag: General Hydrocarbons Limited
GHL vs FirstBank: Court vacates Mareva Injunction, denies Nduka Obaigbena’s request to strike out case
A Federal High Court on Wednesday set aside its Mareva orders that froze $225.8 million in assets and accounts linked ...
Honeywell Chairman Oba Otudeko reportedly departs Nigeria amid legal dispute
Honeywell Chairman Oba Otudeko has reportedly left Nigeria, according to TheCable, following the impending legal proceedings by the Economic and ...
Oba Otudeko clarifies role amidst FBN and GHL dispute
Dr. Oba Otudeko, Chairman of Honeywell Group, has addressed the ongoing conflict between First Bank of Nigeria (FBN) and General ...
Bankers, lawyers closely watch GHL and FirstBank battle as blueprint for future loan recovery strategies
The ongoing legal battle between First Bank of Nigeria (FirstBank) and General Hydrocarbons Limited (GHL) has captured the attention of ...
First Bank secures court order to arrest crude oil cargo onboard FPSO vessel linked to GHL
The Federal High Court, Port Harcourt Judicial Division, has ordered the arrest of the entire cargo onboard the Floating Production ...
General Hydrocarbons Limited denies First Bank’s $225 million debt claims, calls allegations ‘befuddling’
General Hydrocarbons Limited (GHL) has refuted claims by First Bank of Nigeria (FBN) Plc regarding an alleged $225 million debt, ...
General Hydrocarbons’ push for fresh $53 million loan seen igniting legal battle with First Bank
The loan dispute between General Hydrocarbons Limited (GHL) and First Bank of Nigeria Limited (FBN) has escalated into a court ...
