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Bank Asks Court to Wind Up Oil Firm over N1 6Bn Debt

Kindly share this postNova Merchant Bank Limited, has urged the Federal High Court in Lagos to wind up Midwestern Oil and Gas Company Limited, for allegedly refusing to pay a N1.6 billion debt it owed. The bank made this demand in its winding-up petition marked FHC/L/CP/2641/2023, brought under the provision of the Companies and Allied […]

Bermuda - Insolvency In A Consistently Reliable Restructuring Jurisdiction

NDIC expresses frustration over prosecution of failed bank officials

Managing Director of the Nigeria Deposit Insurance Company, NDIC, Mr Bello Hassan, has expressed frustration with the difficulties encountered in the prosecution of Directors, Managers, and other bank officials that might have contributed to the collapse of their banks. Mr Hassan who spoke at a sensitisation seminar organised for judges of national industrial courts and…

NDIC, judiciary collaborate to strengthen depositors confidence in banks – The Sun Nigeria

NDIC, judiciary collaborate to strengthen depositors confidence in banks – The Sun Nigeria
sunnewsonline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from sunnewsonline.com Daily Mail and Mail on Sunday newspapers.

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