Brand News

Court affirms Ascon Oil Company as the rightful owner of Petrol Station

Quest Oil & Engineering Services Limited, the owner of Ascon Oil Company Limited, announces that the Federal High Court in Lagos has declared it as the lawful owner of the retail filling station located at Block 36, Admiralty Way, Lekki Phase 1 which until now has been unlawfully operated.

The retail station which originally belonged to Ascon Oil Company Limited was unlawfully repossessed in connection with a court case concerning a dispute between Stanbic IBTC Bank Plc and Rain Oil Limited.

Ascon Oil | Brand News Day

The court’s decision demonstrates the strength of Ascon Oil Company Limited’s case as the lawful owner of the retail station.

Facebook Comments
Brand News Day

Recent Posts

Apple Unveils iPhone 17 Air, Slick, Slimmer Than Previous Models (PHOTOS)

Apple Inc is set to present a slimmer iPhone 17 Air model, marking a potential…

2 weeks ago

Six-Year-Old Ella Shoots, Kills American Police Officer In Mother’s Defense

A six-year-old girl, Ella, fatally shot a 28-year-old American police officer last month after witnessing…

2 weeks ago

LIRS Urges Taxpayers To Meet March 31 Deadline For Annual Tax Return Submission

The Lagos State Internal Revenue Service (LIRS) reminds all individual taxpayers, including self-employed individuals, those…

3 weeks ago

Stanbic IBTC Bank Partners Autochek To Boosts Car Ownership, Disburses N4Bn

Stanbic IBTC Bank, a prominent financial institution in Nigeria, has partnered with Autochek, an innovative…

3 weeks ago

Stanbic IBTC PMI®: Output Growth Accelerates To Fastest In Just Over One Year

The headline figure derived from the survey is the Stanbic IBTC PMI® - Purchasing Managers’…

3 weeks ago

Stanbic IBTC Bank Reintroduces Its Private Banking Offerings To Empower Nigerians Build Lasting Wealth

Stanbic IBTC Bank, a subsidiary of Stanbic IBTC Holdings and a leading financial service solutions…

3 weeks ago

This website uses cookies.