NewStats: 3,265,220 , 8,186,048 topics. Date: Friday, 13 June 2025 at 10:24 PM 6g51s6z3e3g |
First Bank V Nduka Obaigbena: Oil Vessel Owned By General Hydrocarbons Seized (15707 Views)
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fergie001: 9:00am On Jan 15 |
The legal battle between Femi Otedola’s First Bank and Nduka Obaigbena’s General Hydrocarbons Limited has intensified. In the latest development, the Federal High Court in Port Harcourt has granted an order to arrest and detain the crude oil cargo on board the Floating Production Storage and Offloading (FPSO) Vessel Tamara Tokoni. SOURCE 2 Likes |
Forest122: 9:23am On Jan 15 |
Wonderful
1 Like 1 Share |
bigcil2(m): 9:24am On Jan 15 |
Two friends are fighting
1 Like |
FreeStuffsNG: 9:25am On Jan 15 |
Smh. This action further confirms the likely authenticity of this letter https://nairaland.unblockandhide.com/8315301/response-obaigbenas-smear-campaign-femi credited to Mr Femi Ote$, Chairman of First Bank 4 Likes 2 Shares |
Jeezuzpick(m): 9:25am On Jan 15 |
19 Likes |
Manny21: 9:25am On Jan 15 |
Most wealthy people live above their means borrowing here and there to show off. Compete and prove to friends, family and rivals that they could actually afford certain luxuries of life even though they lack the means to procure it
36 Likes 3 Shares |
Segun91: 9:25am On Jan 15 |
Rich circle men problem
2 Likes |
ZACHIE: 9:26am On Jan 15 |
Small matter. Rufai Oseni has the solution. Nduka only needs to speak to Rufai. Datsall 12 Likes |
Forumites: 9:26am On Jan 15 |
The reason why otedola visited Tinubu in UAE. When two elephants fight.
12 Likes |
Tjra: 9:26am On Jan 15 |
Nduka Obaigbena onigbese, pay your debt. No wonder his media outlet has been publishing rubbish news about First Bank and Otedola. Only in Nigeria, audio billionaires borrow money, live above their means and then attempt to gag Banks with their media outlets. FBN is blessed to have a no-nonsense man like Femi as its chairman. Everything the debtor own should be sold off. The Bank should contract me for this recovery job, I will start from that useless Arise TV. Rufai, Abati and the other mofos will soon be out of job ![]() 34 Likes 2 Shares |
Fiscus105(m): 9:27am On Jan 15 |
His servants reluctant to talk about this on his TV, if isn't their pay master that happened to, it would have been "a hot sacrifice" for them, to feast on since Monday the news broke. Very easy to CRITICIZE, ATTACK & CONDEMN, give human slightly opportunity,he would do worst. 18 Likes 1 Share |
purrgold: 9:27am On Jan 15 |
When two elephants flights... na the grass dey suffer
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Tjra: 9:27am On Jan 15 |
Forumites:Well, same reason Nduka Obaigbena and his newpaper gave Tinubu man of the year award. For Thisday to give their self-sworn enemy such a prestigious award ahead of PitObi, I knew something was fishy. The debtor wanted to win Tinubu over. E no fit work iwaeda:First Bank no fit fall, the debt is too small to shake them. Meanwhile, Otedola would rather sell off Nduka, Rufai, Abati, etc. and their entire families than allow them go without paying back. 32 Likes 4 Shares |
GloriousGbola: 9:28am On Jan 15 |
Don't like otedola but nduka should pay his gbese. This is a a warning to all those who took paddy paddy loans from first bank Likely also the real reason for the sacks and dismissals Clearing the ranks of those compromised by or beholden to the debtors. 14 Likes 1 Share |
ogaontop(m): 9:28am On Jan 15 |
What of GTbank vs Innoson, have they resolved?
4 Likes |
SocialJustice: 9:28am On Jan 15 |
This media recovery is very unnecessary.
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AbuTwins: 9:28am On Jan 15 |
Season 2
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DeLaRue: 9:29am On Jan 15 |
Over the last 15 years or so, First Bank has proven to be one of the most poorly run banks in Nigeria. The bank almost collapsed and was on financial life for about 10 years due to a terrible $100 million that it gave to an oil services company over a decade ago. Since then, the bank has gone from being the largest and most profitable bank in the country to being number 5 now. It is shocking to hear that the bank did not learn from the previous experience and went ahead to give a $200 million loan to a company owned by a journalist ![]() What does a journalist know about developing and running an oil well. The current management of first bank needs to investigate the compromising role played by some of the banks previous directors. No wonder the corrupt elements are fighting Mr Otedola through the media. 13 Likes 4 Shares |
ogaemma: 9:29am On Jan 15 |
All of them have hands in our oil business. They are just using other business to cover up. They are the real guys behind the oil bunkery at the expense of the future of Nigeria. 15 Likes 2 Shares |
nairavsdollars(f): 9:29am On Jan 15 |
Nduka has been doing it since military days and going scot free. Now he has finally met his match
14 Likes 2 Shares |
atobs4real(m): 9:29am On Jan 15 |
Otedola vs king of una billionaire
5 Likes |
atobs4real(m): 9:29am On Jan 15 |
Otedola vs king of una billionaire We are watching 1 Like 1 Share |
jaxxy(m): 9:29am On Jan 15 |
Something isn't adding up.
2 Likes |
nwirinedu(m): 9:30am On Jan 15 |
A guy that has a vessel like that should be able to pay off N200m debt, something is not adding up, but I think the bank, or someone is using the bank to strip the guy of his assets. I mean a vessel like that is certainly worth mor that N500 million. If you re borrowing money from a bank beware, make sure you understand the , it would be a shame to lose that vessel for a mere N200m. 1 Like 1 Share |
fuckJones(f): 9:31am On Jan 15 |
they should close arise tv too
3 Likes |
Wealthoptulent(m): 9:31am On Jan 15 |
benitwater(m): 9:33am On Jan 15 |
Waiting for Arise Tv and that loud mouthed rufai to analyze this issue as he always does to others. Awon onigbese. 7 Likes 1 Share |
fuckJones(f): 9:34am On Jan 15 |
nwirinedu:they are not talking about 200m naira, check well, First Bank is claiming $225.8 million, that is over 400B naira 20 Likes 2 Shares |
FinanceHub: 9:34am On Jan 15 |
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Invisible123: 9:35am On Jan 15 |
He who must come to equity must come with clean hands. You have Issues around your financial dealings, yet you are giving the government woto-woto with your platforms. Now, the government is after you, albeit indirectly. Its your turn to receive woto-woto. The This Day Man Of The Year politics will not save you. Sack Rufai first then we can talk. 8 Likes 1 Share |
iwaeda: 9:35am On Jan 15 |
Erin ogbodo wo. Elephant must not fall, First Bank must not fall o. ![]() ![]() ![]() ![]() ![]() ![]() |
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Okocha, NCC, NLRC, Others Laud GLO “my Own Don Beta” Promo
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