NIGERIA — Justice Chukwujekwu Aneke of the Federal High Court, in Lagos has authorised Guaranty Trust Bank (GTBank) to temporarily take over the funds and assets belonging to Afex Commodities Exchange following its inability to pay N17,808,452,467.107 loan facilities granted by the bank. The judge made the order after hearing an ex-parte motion filed and moved by GTBank’s counsel Chief A.A. Aribisala (SAN), Ade Adedeji (SAN), with A.O. Olaleye and M.A. Aribisala... thisdaylive.com
Pages
Wed Jun 18 2025 07:48:13 GMT+0000 (Coordinated Universal Time)
• Copper price hits $10,000 • Nigerian Naira becoming the most unpredictable currency • Trump imposes sanctions on China, and more - Monday 24/March/2025 Top Business Headlines
• Consumer Protection Tribunal has slammed a N150 million fine on Multichoice Nigeria
• Court has granted FG order of interim forfeiture of Godwin Emefiele's properties valued at N11,140,000,000
• FCT High Court has granted bail to Hadi Sirika, who is facing trial for alleged N19.4 billion contract fraud
• Nigerian Government sues British American Tobacco, demands N10.6 trillion for healthcare costs linked to smoking-related diseases
• Former CBN Governor, Godwin Emefiele, has been granted bail by the Court after meeting the stipulated conditions
Lagos Court has authorised GTBank to take over Afex Commodities Exchange over N17,808,452,467.107 loan
Share ☞ Copy Link: 🔗 https://newsblist.blogspot.com/2024/05/lagos-court-has-authorised-gtbank-to.html
Published (Updated) on Friday, May 31, 2024
• Copper price hits $10,000 • Nigerian Naira becoming the most unpredictable currency • Trump imposes sanctions on China, and more - Monday 24/March/2025 Top Business Headlines
• Consumer Protection Tribunal has slammed a N150 million fine on Multichoice Nigeria
• Court has granted FG order of interim forfeiture of Godwin Emefiele's properties valued at N11,140,000,000
• FCT High Court has granted bail to Hadi Sirika, who is facing trial for alleged N19.4 billion contract fraud
• Nigerian Government sues British American Tobacco, demands N10.6 trillion for healthcare costs linked to smoking-related diseases
• Former CBN Governor, Godwin Emefiele, has been granted bail by the Court after meeting the stipulated conditions
Subscribe to:
Post Comments (Atom)
Share Your Thoughts