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N9bn dispute: Petrocam seeks discharge of account freeze, court adjourns ruling

Justice Chukwujekwu, Aneke of a Federal High Court sitting in Lagos, yesterday, adjourned till April 30, 2026, to rule on an application by Petrocam Trading Nigeria Ltd, seeking to discharge an interim order freezing its bank accounts over an alleged N9.05 billion debt claimed by a commercial bank.

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Achimugu: Oceangate to appeal $13m asset forfeiture order

Foremost energy firm, Oceangate Engineering Oil & Gas Limited, has rejected the implications of a recent Federal High Court ruling, ordering the forfeiture of its assets, maintaining that the decision did not establish any wrongdoing against the company or its leadership.

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