LAGOS JANUARY 18TH (NEWSRANGERS)-It is all of 40 years of friendship in ruins as the debt dispute between high-profile Nigerians Nduka Obaigbena and Femi Otedola worsens, findings reveal. First Bank, with Otedola as Chairman, is unrelentingly taking drastic steps to recover an estimated $225.8m from General Hydrocarbons Limited, an oil servicing firm with Obaigbena as…
LAGOS JANUARY 15TH (NEWSRANGERS)-The legal battle between Femi Otedola’s First Bank and Nduka Obaigbena’s General Hydrocarbons Limited has intensified. In the latest development, the Federal High Court in Port Harcourt has granted an order to arrest and detain the crude oil cargo on board the Floating Production Storage and Offloading (FPSO) Vessel Tamara Tokoni. Personnel of…
LAGOS JANUARY 12TH (NEWSRANGERS)-The Chairman of the Board of General Hydrocarbons Limited, Nduka Obaigbena, CON has finally break his silence over the crisis brewing between his company and First Bank of Nigeria (FBN). Obaigbena in a statement personally signed by him and made available to NewsRangers through email said as the owners of General Hydrocarbons…
LAGOS DECEMBER 15TH (NEWSRANGERS)-Bola Ahmed Tinubu, presidential candidate of the All Progressives Congress (APC), must present himself for scrutiny before Nigerians if he wants to be President in 2023, as is the standard all over the civilised world, Nduka Obaigbena, Publisher of THISDAY-ARISE Television, has declared. The Nigerian media guru, in a quick riposte on…
LAGOS NOVEMBER 28TH (NEWSRANGERS)-The National Secretariat of the Nigeria Union of Journalists (NUJ) is to honour a few media personalities in the maiden edition of its “Milestone Recognition of Media Icons” initiative. The Union in a statement said unlike other awards, the Milestone Recognition of Media Icons, being organised in conjunction with the Lagos…
LAGOS APRIL 9TH (NEWSRANGERS)-Nduka Obaigbena the founding Chairman and Editor-in-Chief of THISDAY Media, ARISE News Channel and ARISE Magazine, has been disqualified from serving as a director of a company in the United Kingdom for seven years. The application for disqualification was made under Section 6 of the Company Directors Disqualification Act 1986 and arose…