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FirstBank vs General Hydrocarbons Limited: The Issues

Summary by Daily Trust
In recent times, there have been accusations and counter accusations as well as exchange of words between FirstBank, Nigeria’s oldest financial institution and the General Hydrocarbons Limited (GHL), over what is believed to be a contractual dispute. The dispute arose from the operation of the Oil Mining Licence, OML120 owned and operated by GHL. Media mogul, Mr. Nduka Obaigbena, who is the Chairman of This Day/Arise Media, is also the chairman …

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Daily TrustDaily Trust
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FirstBank vs General Hydrocarbons Limited: The Issues

In recent times, there have been accusations and counter accusations as well as exchange of words between FirstBank, Nigeria’s oldest financial institution and the General Hydrocarbons Limited (GHL), over what is believed to be a contractual dispute. The dispute arose from the operation of the Oil Mining Licence, OML120 owned and operated by GHL. Media mogul, Mr. Nduka Obaigbena, who is the Chairman of This Day/Arise Media, is also the chairman …

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  • 100% of the sources lean Left
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Daily Trust broke the news in on Friday, July 25, 2025.
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