FBN Trustees Limited
Tracked across 8 events · 87 articles · First seen Dec 01, 2025 · Last active Aug 17, 2026
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Domestic
Impact: FBN Trustees Limited, as a lead lender, faces a more complex legal challenge in its receivership enforcement against Neconde Energy Limited and Nestoil due to the India — Supreme Court of India's ruling.
Apr 10, 2026 · 6 articles
Domestic
Impact: FBN Trustees Limited>>>, a lender in the dispute, is negatively impacted by the Supreme Court's ruling, which sets aside the asset freeze and receiver-manager arrangement, potentially delaying or complicating its debt recovery.
Jun 01, 2026 · 7 articles
Regulatory
The Nigeria — Economic and Financial Crimes Commission (EFCC) recovered $60 million from Nestoil and transferred the funds to a consortium of creditor banks as part of an ongoing investigation into alleged criminal aspects of…
Impact: Acting for the consortium, First Trustees was involved in the recovery process and previously held receivership over Nestoil's assets.
Aug 17, 2026 · 6 articles
Domestic
Impact: The Managing Director of FBN Trustees Limited has been invited to appear before the committee investigating the Museum of West African Art (MOWAA) and Radisson Hotel projects.
Dec 04, 2025 · 7 articles
Business
Impact: Subsidiary of AVA Capital, part of the integrated platform benefiting from the listing.
Jul 28, 2026 · 6 articles
Domestic
Impact: The Managing Director of FBN Trustees Limited was invited to appear before the Nigeria — Lagos State House of Assembly's ad-hoc committee.
Dec 01, 2025 · 6 articles
Regulatory
Impact: FBN Trustees Limited was mentioned as the buyer in Shanmugam's property sale; no direct impact.
Jul 14, 2026 · 43 articles
Business
Impact: Mensah previously served as MD/CEO of this entity.
Jul 18, 2026 · 6 articles
60
FBN Trustees Limited acted for consortium NestoilEFCC recovers $60m from Nestoil
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