“We entered a legally binding, enforceable subrogation agreement with First Bank on May 29, 2021, with FBN agreeing to fund GHL’s exploration, production, and development of OML 120 in ...
More facts have emerged concerning the alleged failure of the First Bank of Nigeria (FBN) to fulfil its part of a deal to fund the exploration and development of Oil Mining Lease (OML) 120, contrary ...
General Hydrocarbons Limited (GHL) has threatened to sue First Bank of Nigeria (FBN) for $1bn in damages over an alleged breach of contract regarding the funding of Oil Mining Lease (OML) 120, just as ...
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