Breaking News

Alleged 5.4bn Shares: CBN, FBN Holdings Ask Court to Dismiss Barbican Capital‘s Suit

The Central Bank of Nigeria (CBN), and FBN Holdings Plc have asked a Federal High Court sitting in Lagos to dismiss a suit filed by an investment firm, Barbican Capital Ltd, over the alleged alteration of its alleged 5,386,397,202 units of shares in the bank.... CLICK TO READ THE FULL NEWS HERE▶▶

The plaintiff (Barbican Capital Limited) an affiliate company of Honeywell Group Limited in suit no. FHC/L/CS/ 1172/24, had claimed that over the years and at different times, it cumulatively acquired about 5,386,397,202 shares representing 15.1 percent of FBNH overall share listed on the Nigerian Stock Exchange, NSE. …CONTINUE READING

About the author

Bunady

Leave a Comment

0 Shares