Nigeria's leading finance and market intelligence news report.

Nigerian court blocks Shell’s accounts over understated report

A Federal High Court in Ikoyi, Lagos has granted an interim Mareva injunction popularly known as a freezing injunction directing commercial banks to block Shell Petroleum Development Company of Nigeria Ltd (SPDC) accounts in a bid to recover the cash value of more than 16 million barrels of crude oil allegedly diverted by the oil…

Don’t miss another story

Become a BusinessDay Subscriber today.

For insights, facts, figures, and access to opportunities.
Options starting from N1000 Monthly
Already a subsriber?
Whatsapp mobile

Get real time updates directly on you device, subscribe now.

Comments are closed.