GHL Loses $718m Claim Against First Bank, Ordered to Pay N111.25m, Others

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By Adedapo Adesanya A tribunal has dismissed the $718 million claim filed by General Hydrocarbons Limited (GHL) against First Bank of Nigeria Limited (FBN), ruling entirely in favour of the bank. The final award, issued on Monday, October 28, 2025, by Justice Kumai Bayang Akaahs, also ordered GHL to pay FBN’s arbitration and legal costs […]

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