Nigeria, Sept. 12 -- GHL conflict The case involved GHL later rerouted crude oil revenues pledged as collateral for loan facilities.

Delivered on September 11, 2025, the decision of the appellate court overturned Justice Obile of the Federal High Court in Port Harcourt's earlier ruling. which categorized the case as a straightforward debt recovery problem and rejected FirstBank's claims.

The Court of Appeal, on the other hand, made clear that the case is mostly marine in character, highlighting that the crude oil aboard the FPSO Tamara Tokoni-the subject- Central asset still in contention of the promise is

The News Chronicle gathered that FirstBank sought the appeal via its legal representatives, Senior Advocates of Nigeria Babajide Ko...