Category: Business

New Twist In Ecobank Vs Honeywell Case As Bank Appeals Justice Dagat’s Ruling

Ecobank Nigeria Limited has appealed a ruling by Justice Jude Dagat of the Federal High Court in Lagos striking out its winding-up petition against Honeywell Group Limited and its sister company Anchorage Leisures Limited. Justice Dagat delivered the ruling on Monday on the basis that Ecobank’s suit was an abuse of court process. But, Ecobank,…

Alleged Debt Suit: Court Orders Parties To Await Judgement Filed In Earlier Suit

Justice Jude Dagat of a Lagos Federal High Court, on Monday, stopped a winding up petition filed by Ecobank Plc, against Oba Otudeko’s three companies, over alleged unpaid N5.5 billion loan. In his ruling, the judge said it would be premature to entertain winding up application against the respondents, saying that when a judge is…

Donald Duke Leads Experts To Discuss Bear & Culture

Against the background of its commitment to increasing basic knowledge that will correct wrong perceptions about beer, Nigerian Breweries Plc is set to host the third Nigerian Beer Symposium in Lagos. The one-day symposium which comes up on Thursday, June 30, 2016 at Eko Hotel and Suites, Victoria Island, Lagos has as its theme: “Beer…

Sahara Group Boosts Cancer War With N120m

Leading energy conglomerate, Sahara Group, has donated N120 million towards the cause of acquiring Mobile Cancer Centres, MCC, to combat cancer in Nigeria. The MCC is a clinic on wheels with state-of-the-art facilities for screening, follow-up and treatment including surgeries for pre-cancer and early cancer cases. The centre also offers screening for 10 cancer-related killer…