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Saturday, 13 April 2019

UBA, Sahara Energy lock horns in legal battle over N15bn debt

UBA, Sahara Energy lock horns in legal battle over N15bn debt

UBA Plc has filed a winding-up petition against Sahara Energy Resource Limited (Sahara Energy) at a federal high court in Lagos. The petition was based on a N15 billion loan owed by KEPCO Energy Resources Limited (KEPCO). Sahara Energy had stood as a guarantor to KEPCO. A winding up petition is a legal action taken by

Read more UBA, Sahara Energy lock horns in legal battle over N15bn debt

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