Court Grants Chinese Investors Authority To Seize $25m From Nigeria’s Foreign Assets

LAGOS NOVEMBER 21ST (NEWSRANGERS)-The British Virgin Islands High Court has ruled in favour of Chinese investors, Zhongshan, granting them the authority to seize $25 million (£20 million) from Nigeria’s foreign assets. The ruling follows a failed trade zone agreement in Ogun State dating back to the early 2000s under then-Governor Ibikunle Amosun, according to documents…

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