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Court Freezes Obaigbena’s Accounts as First Bank Moves to Recover N1.2 Trillion Debt

A Federal High Court in Ikoyi, Lagos, has issued an order restraining commercial banks in Nigeria from accessing or dealing with funds and assets totalling $225.8 million allegedly belonging to Nduka Obaigbena, Chairman and Editor-in-Chief of THISDAY Media Group and Arise News Channel. The order follows a lawsuit filed by First Bank of Nigeria Limited […]