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  3. FirstBank Wins Appeal in Landmark Case Against General Hydrocarbons Ltd
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FirstBank Wins Appeal in Landmark Case Against General Hydrocarbons Ltd

by Wetin Happen September 12, 2025, 7:15 am

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First Bank of Nigeria Limited (FirstBank) has secured a significant victory at the Court of Appeal in its case against General Hydrocarbons Limited (GHL) filed by their lawyers Babajide Koku SAN and Victor Ogude SAN, as reported by Nairametrics.

In its ruling on Thursday, 11 September 2025, the Court of Appeal set aside the earlier decision of the Federal High Court, Port. Harcourt, Obile J, which had dismissed FirstBank’s claims regarding the fraudulent diversion of proceeds from the sale of crude oil cargo pledged as collateral for loan facilities….CONTINUE FULL READING>>>

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