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Unpaid loan: FCMB drags Lagos businessman to court

Unpaid loan: FCMB drags Lagos businessman to court
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Court dismisses insurance firm s bid to appeal bank s possession of Ashake Estate

Vanguard News Translate Home » Economy » Court dismisses insurance firm’s bid to appeal bank’s possession of Ashake Estate Court dismisses insurance firm’s bid to appeal bank’s possession of Ashake Estate On By Innocent Anaba A Federal High Court sitting in Lagos has dismissed an application seeking leave of court to appeal a February 11, 2020, judgment which granted First City Monument Bank, FCMB, Limited  possession of Ashake Estate at Oniru, Victoria Island, Lagos.  Trial judge, Justice A. Liman agreed with FCMB that the application by Law Union and Rock Insurance, was incompetent, having been filed out of time, over three months after the judgment.

AMCON releases female students 6 days after detention in Enugu

AMCON releases Enugu female students after 6 days in detention On By Chinedu Adonu – Enugu Detained 344 Enugu students and staff of Providence High School on Tuesday regained freedom after six days of being held hostage by Assets Management Corporation of Nigeria, AMCON, who sealed the entrance gate to their school. The padlock with which the school was locked had been removed when visited by Tuesday afternoon. When contacted one of the staff who simply identified himself as, Mr George, said that the corporation came earlier in the morning, removed the padlock and left. “They came around in the morning to remove the padlock on the gate. It is a gradual thing. We believe will get over the trauma caused by the corporation”, he said.

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