Union Bank Secures ₦20.7 Billion Judgment Against Oil Marketers

In a decisive ruling, a Federal High Court in Lagos has awarded ₦20,732,299,999.21 in favour of Union Bank Plc against petroleum marketer Danium Energy Services Limited and its Chief Executive Officer, Kehinde Elliot Ogbor, demanding full payment and granting the bank exclusive rights over pledged properties. Presiding over the matter, Justice Deinde Dipeolu affirmed that

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