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Edmark Nigeria…2023 closing as zero business year… 5% shareholder lock down majority shareholders

Edmark Nigeria…2023 closing as zero business year… 5% shareholder lock down majority shareholders
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Court Bars Edmark, Distributors From Importing, Selling Products Except Through Receiver/Manager

Court Bars Foreign Company, Edmark, Distributors From Importing, Selling Products In Nigeria

The battle between shareholders of top multi-level marketing company, Edmark Direct Marketing Limited has taken on a new twist as a Federal High Court sitting in Lagos State issued a further interim order reaffirming the appointment of a Nigerian lawyer as a Receiver/Manager. According to the order, the company, its distributors or any other person cannot import or sell Edmark-branded products except through a Receiver/Manager, Mr. Seyi Akinwunmi.

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