Virgin Nigeria a sponsor of many fashion and entertainment events in Nigeria announced earlier this month its plans to list on the Nigerian Stock Exchange (NSE) after according to it, “branding and rebranding.” Its efforts on rebranding and listing on the NSE might however be delayed with the current law suit filed against it by Guaranty Trust Bank.
The suit filed in Nigeria’s Federal High Court, Lagos alleges breach of contract claims for outstanding debts of approximately $9.2million (N1.3 billion).
Hi, just ran into your page from digg. It is not an article I would normally read, but I liked your spin on it. Thanx for making a blog post worth reading!