JUST IN: Court Adjourns Further Hearing Of Bankruptcy Suit Against Dr. ABC Orjiakor Over Alleged $101m Debt

Published

11 months ago

June 27, 2025

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JUST IN: Court Adjourns Further Hearing Of Bankruptcy Suit Against Dr. ABC Orjiakor Over Alleged $101m Debt—-Further proceedings in bankruptcy suit filed against Dr. Ambrose B. C. Orjiakor, before a Federal High Court, Lagos, over alleged inability to pay the debt of $101m USD, has been adjourned to July 23.

The presiding judge, Justice Deinde Dipeolu, fixed the date at the instance of the alleged debtor, Dr. Orjiakor, through his lawyer, Anthony Ndigbe (SAN), who pleaded for more time to settle the matter out of court.

Other Other respondents in the bankruptcy action marked FHC/L/BHK/08/2023 filed by Access Bank Plc are: Seplat Energy Plc; Helko Nigeria Limited; Neimeth International Pharmaceuticals Plc; Salvic Petroleum Resources Limited; Zebbra Energy Limited; Ordrec Group Limited; Helko Marine Services Limited; Berwick Nigeria Limited; Abbeycourt Petroleum Company Limited; Abbeycourt Energy Services Limited; Abbeycourt Company Limited and Pursley Resources Limited.

At the resumed hearing of the matter today, Mr. A. B. Ogunba (SAN) leading .. Ogunba appeared for the creditor, Access Bank Plc, Mr. Anthony Ndigbe (SAN) appeared for the alleged debtor, Dr. Orjiakor, Toyeeb Ipaye appeared for 2nd-5th and 7th to 12 respondents Bode Olanipekun (SAN) appeared for the 1st respondent, Seplat Energy Plc, Adam Wahab appeared for AMCON, Babatinde Olanipekun appeared for Zenith Bank Plc.

At today’s hearing, lawyer to the alleged debtor, Ndigbe (SAN) informed the court that the matter is listed for report of settlement, and that AMCON was directed by the court to coordinate the settlement meeting.

Responding, AMCON’s lawyer, Wahab told the court that his client received from the respondent a draft of the settlement which encompass the interest of the lenders in the suit.

He also told the court that he has made a comment on the draft to the respondent, while awaiting the reverse copy of the draft from the respondent.

In his respond, lawyer to the creditor, Ogunba (SAN) told the court that he was not aware of the draft copy of the settlement and that the draft has been drafted for the past four weeks.

Ogunba also informed the court of his motion on notice which he described as an ‘harmless’.

He therefore urged the court to allow him to move the motion.

However, Mr. Olanipekun (SAN), lawyer to Seplat, told the court he has a motion seeking out to strike the name of his client from the suit, on the basis that the court lacks jurisdiction over the first respondent.

In view of all parties’ submissions Dr. Orjiakor’s lawyer, Ndigbe (SAN) pleaded with the court for four weeks adjournment to allow the ‘narrow portion’ left in the settlement terms to be resolved. Though, Olanipekun (SAN) said he did not know anything about the settlement and have no business in the matter.

However, the presiding judge, Justice Dipeolu, after listening to all counsel, acceded to Ndigbe’s adjournment request and adjourned the matter to July 23, 2025, for report of settlement.

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BREAKING: Chelsea Appoint Xabi Alonso as New Head Coach on Four-Year Deal

Published

19 hours ago

May 17, 2026

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BREAKING: Chelsea Appoint Xabi Alonso as New Head Coach on Four-Year Deal—-Former midfield maestro arrives at Stamford Bridge after impressive rise in management.

Chelsea FC have officially confirmed the appointment of Xabi Alonso as the club’s new manager on a four-year contract.

The Spaniard is expected to begin his role at Stamford Bridge on July 1, 2026, as Chelsea look to rebuild after another turbulent campaign.

Chelsea announced the appointment on the club’s official website, describing Alonso as one of the most respected figures in modern football following his rapid rise in management.

Alonso arrives in London with a growing reputation after successful spells with Bayer 04 Leverkusen and Real Madrid. He gained widespread praise for leading Leverkusen to an unbeaten Bundesliga-winning campaign and a domestic double during the 2023/24 season.

The 44-year-old replaces Liam Rosenior following Chelsea’s disappointing season, which included defeat in the FA Cup final and inconsistent Premier League form.

Reports suggest Chelsea’s hierarchy see Alonso as the ideal figure to bring stability, tactical identity, and long-term direction to the club after several managerial changes in recent years.

Speaking after the announcement, Alonso expressed excitement about the challenge ahead and said he is determined to build a competitive team capable of fighting for major honours once again.

The appointment also marks Alonso’s return to English football, having previously enjoyed a successful playing career with Liverpool FC, where he won the UEFA Champions League and FA Cup.

Chelsea supporters will now hope the former midfield maestro can restore the club’s identity and guide the Blues back into contention both domestically and in Europe.

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BREAKING: FA Cup Triumph for Manchester City After Narrow Win Over Chelsea

Published

2 days ago

May 16, 2026

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BREAKING: FA Cup Triumph for Manchester City After Narrow Win Over Chelsea—-Semenyo’s second-half winner seals Wembley triumph as Guardiola’s side lift another major trophy

Manchester City defeated Chelsea FC 1-0 at Wembley to win the 2026 FA Cup, thanks to a moment of brilliance from Antoine Semenyo.

The tightly contested final remained goalless for much of the afternoon before Semenyo broke the deadlock in the 72nd minute with a clever backheel finish from an Erling Haaland cross.

The victory handed City their eighth FA Cup title and completed a domestic cup double for manager Pep Guardiola after already securing the League Cup earlier in the season.

Chelsea showed flashes of promise and created a few dangerous moments, but the Blues struggled to convert their opportunities. Enzo Fernández and João Pedro both went close, while City goalkeeper James Trafford remained composed when called upon.

The match also saw late drama as Chelsea pushed for an equaliser in stoppage time, but Guardiola’s side held firm to secure the trophy.

The result extends Chelsea’s difficult record in domestic cup finals, with the Blues now losing seven consecutive appearances in such showpiece matches.

For City, however, the triumph further reinforces their dominance in English football and keeps alive hopes of ending the campaign with even more silverware.

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