$40m debt enforcement: Court moves against Lagos, Abuja properties of business man

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A $40 million debt enforcement action has begun against properties belonging to Abdulrahman Bashar, Chairman of Rahamaniyya Group of Companies, in Lagos and Abuja. The court order was obtained by Petrichor Energy FZCO as part of a legal dispute related to the debt.

By Ediri Ejoh  Enforcement proceedings commenced, yesterday, against assets linked to Abdulrahman Bashar, Chairman of the Rahamaniyya Group of Companies, in Lagos and Abuja, following court orders obtained by Petrichor Energy FZCO in connection with an approximately $40 million debt dispute.  The enforcement action follows a February 25, 2026, order of the Federal High Court, […] The post $40m debt enforcement: Court moves against Lagos, Abuja properties of business man appeared first on Vanguard News.

Politics Markets Deals Real Estate debt enforcement court order Abdulrahman Bashar Lagos Abuja Petrichor Energy Rahamaniyya Group

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