Tag: litigation

Litigation Leads FG to Withdraw Five Oil Blocks from 2024 Bid Round

by Ikenna Ngere

July 1, 2024

The Nigerian Upstream Petroleum Regulatory Commission has eliminated five oil blocks from the current licencing round because of legal disputes, just as investors are starting to register for the 2024 ...

Fidelity Bank customers win N15m in promo draw

Fidelity Bank estimates over N1bn loss to litigation

by Ikenna Ngere

February 4, 2024

The management of Fidelity Bank has estimated that it may lose about N1.19bn to claims and litigation for the year ended December 2023. This was shown in its condensed unaudited ...