Kunle Ogunba Associates News Today

The Group said in a Tuesday statement that no judgment of monetary award has been delivered, making the four companies liable to Ecobank.

Ecobank has urged First Bank Holdings to reject the acquisition of 4.7 billion shares by a former Chairman of the bank, Dr Oba Otudeko.

Ecobank requests that FBN reject Otudeko's portion securing eleventh July 2023Ecobank has urged First Bank Holdings to reject Dr. Oba

Ecobank has asked First Bank Holdings to reject the acquisition of 4.7 billion shares by Dr. Oba Otudeko, a former Chairman of the bank.

Ecobank Nigeria has requested from FBN Holdings Plc a temporary suspension of proceedings concerning the acquisition of 4.77 billion shares by Dr. Oba Otudeko.

Ecobank noted that it initiated a legal action against Honeywell Group Limited, Anchorage Leisures Limited, Siloam Global Services Limited and Mr Otudeko at the Federal High Court in Lagos, aimed at recovering the debt.

5 min read The only problem in this case is that by going after Seplat Petroleum, even suing it as the first defendant, to recover a debt owed by Cardinal Drilling Services Nigeria Limited, Access Bank may have gone on an overdrive and overshot the runway in its bid to recover of what is a legacy debt… The peace and tranquillity of the corporate world was recently rattled by the news that a Nigerian court had granted an injunction allowing Nigeria’s biggest lender, Access Ba...

• Senior lawyer denies allegations Tobi Soniyi Seplat Petroleum Development Company has asked the Legal Practitioners Privileges Committee (LPPC) and the Legal Practitioners Disciplinary Committee of the Nigerian Bar Association (NBA) to sanction a Senior Advocate of Nigeria, Mr. Kunle Ogunba, for alleged gross misconduct and unethical practices contrary to the Rules of Professional Conduct for Legal Practitioners 2007. In the petition to the LPPC, which was equally copied to the Nigerian Bar...