Nigeria, March 26 -- The Federal High Court sitting in Port Harcourt, Rivers State, has dismissed a suit First Bank instituted against energy company General Hydrocarbons.

Details seen by this newspaper showed that the court laid aside the entire lawsuit, noting that it lacks the jurisdiction required to hear the case while upholding General Hydrocarbons' preliminary objection challenging the court's jurisdiction.

The energy company is owned by Nduka Obaigbena, the chairman of THISDAY Group.

Justice E.A. Obile dismissed the case for being an abuse of court process and a breach of the orders issued by Justice Ambrose Lewis-Allagoa of Federal High Court Lagos on 12 December 2024 in Suit No FHC/L/CS/1953/2024.

According to the court, Fir...