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Aiteo loses again to Shell in London court

December 26, 2022

The long-running case concerns a debt allegedly owed by Aiteo to Shell and several other claimants.

United Kingdom City Of Justice Foxton Aiteo Easternep Company Arbitration Of The International Chamber A London High Court

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Shell, AFC, seven Nigerian banks battle Aiteo over $2 billion loan

April 5, 2022

The claimants say Aiteo has failed to pay back $2 billion it borrowed from them, but the oil firm claims no responsibility after declaring force majeure.

United Kingdom City Of Aluko Oyebode Fidelity Bank Aiteo Easternep Company Nigerian Court

Source: premiumtimesng.com

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Aiteo loses again to Shell in London court

Shell, AFC, seven Nigerian banks battle Aiteo over $2 billion loan

Explore More Categories