An investment firm, Barbican Capital Ltd, has dragged First Bank Nigeria Holdings FBNH, before a Federal High Court in Lagos over the alleged alteration of its 5.4billion shares by the bank. In the suit no. FHC/L/CS/ 1172/24, filed on its behalf by Bode Olanipekun, SAN, Barbican Capital claimed that over the years and at different […]
States and local governments are on a collision course with the federal government over the shareholding structure of the newly created public oil companies. Findings show that states and councils are not accommodated in the share structures of the oil firms formed to replace the Nigerian National Petroleum Company Limited (NNPCL), reports The...

