Mutual Benefits Assurance sues Oil firm over ₦10bn debt
By Akin Kuponiyi A fierce legal battle has erupted between insurance giant Mutual Benefits Assurance Plc and Prime Exploration and Production Limited, as the former drags the oil company before a Federal High Court in Lagos over an alleged unpaid debt exceeding ₦10 billion and $36 million. In a winding-up petition jointly filed by Mutual…