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Mutual Benefits Assurance Drags Oil Firm to Court Over N10bn Debt, Seeks Winding-Up Order - Newsmakers

Summary by NewsmakersNG
Segun Atanda/ Mutual Benefits Assurance Plc and its sister company, Mutual Exploration and Production Limited, have filed a winding-up petition against oil and gas firm Prime Exploration and Production Limited over unpaid debt amounting to ₦10.06 billion and $36.49 million. The petition, filed before the Federal High Court in Lagos, stems from a consent judgment […] The post Mutual Benefits Assurance Drags Oil Firm to Court Over N10bn Debt, Seek…
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NewsmakersNG broke the news in on Wednesday, July 2, 2025.
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