Court seizes Lagos, Abuja firm’s assets over $40m oil debt

🇳🇬 Punch Nigeria (NG) —
Court seizes Lagos, Abuja firm’s assets over $40m oil debt

AI Summary

A Federal High Court in Nigeria has started seizing assets of a Lagos and Abuja firm linked to Rahamaniyya Group’s chairman due to an alleged $40 million oil debt owed to Petrichor Energy. The legal action reflects ongoing disputes in Nigeria's oil sector.

A Federal High Court has begun seizing assets in Lagos and Abuja linked to Rahamaniyya Group’s chairman over an alleged $40m oil debt to Petrichor Energy. Read More: https://punchng.com/court-seizes-lagos-abuja-firms-assets-over-40m-oil-debt/

Markets Deals Energy Nigeria court seizure Rahamaniyya Group oil debt Petrichor Energy legal dispute

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