Tag: First Bank of Nigeria PLC
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First Bank in N13.4bn debt battle with firms on Milverton Luxury Apartments
First Bank of Nigeria Plc has sued Commonwealth Consortium and Agbara Estates Ltd at a Federal High Court, Lagos, over a N13.4 billion debt. The bank is seeking orders to restrain the six former directors of the firms from dissipating the firms’ assets known as No. 21 Milverton Road, Ikoyi, Lagos and 21.222 Hectares of…