Court Seizes Lagos, Abuja Assets Over $40m Oil Debt
The Federal High Court has commenced enforcement proceedings against properties linked to the Chairman of Rahamaniyya Group of Companies, Alhaji Abdulrahman Musa Bashar, over an estimated $40 million debt owed to Petrichor Energy FZCO. The enforcement exercise began in Lagos and Abuja following a February 2026 court order allowing Petrichor to enforce in Nigeria a judgment of the High Court of Justice of England and Wales. Court officials served enforcement […]