Stop sale of firm’s assets, UBA asks court, warns buyers

The United Bank For Africa Plc has filed an application to halt the sale of the assets of a construction firm, Borini Prono and Company Nigeria Limited.The United Bank For Africa Plc has filed an application to halt the sale of the assets of a construction firm, Borini Prono and Company Nigeria Limited.

The bank warned persons intending to purchase the assets of Borini Prono and Company Nigeria Limited to desist, in the interest of rule of law. “Anyone who purchases any asset of Borini Prono from Mr. Igbokwe, acting as a purported receiver for Union Bank Plc on the assets of Borini Prono does so at his or her own risk and in gross violation of the rule of law. You are hereby warned!”Before flagging, please keep in mind that Disqus does not moderate communities. Your username will be shown to the moderator, so you should only flag this comment for one of the reasons listed above.

The Nigerian government has announced the rollout of the Presidential CNG Initiative, a program designed to deliver compressed natural gas, especially for mass transit. President Bola Tinubu’s spokesperson, Bayo Onanuga, disclosed this in a statement on Sunday. Onanuga said the CNG initiative is set to rollout on May 29, noting that the initial phase focuses…

The Ebiraland Youths Coalition has urged the Federal Government to ensure the embattled former Governor of Kogi, Alhaji Yahaya Bello, is unharmed in his current face-off with the EFCC.

Source: News Formal (newsformal.com)

UBA United Bank For Africa

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