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Court moves to seize First Bank’s assets over Shell’s multimillion naira debt

A High Court in Rivers State has moved to sequester the assets of the country’s premier lender First Bank of Nigeria Limited in an effort to recover the damages oil major Royal Dutch Shell owed the Ejama Ebubu community of Rivers State in a legal contest spanning many decades, Bloomberg reported Thursday. Police operatives and court officials arrived the bank’s …

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Court moves to seize First Bank’s assets over Shell’s multimillion naira debt

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