Tag: debt
AMCON: Court vacates order against Jimoh Ibrahim’s assets
The Federal High Court, Abuja on Monday set aside the interim order through which the Asset Management Corporation of Nigeria (AMCON) seized property belonging...
Shagari’s home disconnected over N6m electricity debt
Kaduna Electric Distribution Company has disconnected electricity supply to the home of former President Shehu Shagari over unpaid bills estimated to be over N6million.
The...
Jimoh Ibrahim files motion to reverse AMCON seizure of property
Businessman Jimoh Ibrahim has filed a motion of notice before a Federal High Court in Lagos seeking to lift the interim order that authorised...
Shoprite barred from transferring assets over $10m judgment debt
Shoprite Checkers (PTY) Limited has been given an order of mareva injunction by a Federal High Court in Lagos, barring it from disposing of...
Why I paid inherited N35bn pension debt as Anambra governor —...
Former Anambra State governor Peter Obi says he was touched to pay off an accumulated pension and gratuity debt of N35 billion, which he...
How Sanwo-Olu repaid over N500,000 debt owed by suicidal businessman
Lagos State Governor Babajide Sanwo-Olu recently came to the rescue of a businessman in the state Abiodun Adeyinka who attempted to jump into the...
TStv loses Abuja headquarters office over rent
Telcom Satellite Ltd Television (TStv) has lost its Abuja headquarters office to a law firm, Rahael Adakole & Co (Lighthouse Chamber), due to inability...
AMCON takes over Buba Galadima’s house, company over N900m debt
A Federal High Court in Abuja has ordered the Asset Management Corporation of Nigeria (AMCON) to take over the business and assets of Bedko...
Court fixes new date for Ifeanyi Ubah’s arraignment over N135bn debt
A Federal High Court in Lagos has again adjourned till April
2, the arraignment of Senator Ifeanyi Ubah and his company, Capital Oil and Gas
Limited,...
FG sues Ifeanyi Ubah over N135bn debt
A Federal High Court in Lagos has adjourned
till February 13, 2020, the arraignment of Senator Ifeanyi Ubah and his company,
Capital Oil and Gas Limited,...