
Nigeria Sues US Bank, JP Morgan For $1.7bn Over Oil Deal
LAGOS FEBRUARY 23RD (NEWSRANGERS)-A London high court began to hear a lawsuit on Wednesday launched by Nigeria against U.S. bank JP Morgan Chase, claiming more than $1.7 billion for its role in a disputed 2011 oilfield deal. The civil suit filed in the English courts relates to the purchase by energy majors Shell and Eni…