Tag Archives: gbengaakindepeters

Obat Oil Losses N1.5bn Subsidy Claim To Sterling Bank Over Alleged Unpaid Loan

       Hope of Obat Oil Petroleum Limited of receiving its subsidy claim running to billion of Naira, from the Federal government of Nigeria, has been in the interim scuttled due to the oil firm’s alleged indebtedness to Sterling Bank PLC and another oil firm, Petrocam Trading Nigeria Limited.          This as a result of both ...

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N5.2bn Debt: A-Z Oil Firm’s Properties Taken Over By Union Bank, Receiver Manager

  Landed properties belonging to A-Z Petroleum Products Limited, have been taking over by the Union Bank of Nigeria Plc, and Mr. Gbenga Akinde-Peters, a receiver/manager, appointed over the properties The taken over of the company’s landed property situated at Plot 3508 Cadastral Zone A06, Maitama District, Abuja, covered by a Certificate of Occupancy (CofO) dated September 7, 2005, and ...

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