Nestoil

The EFCC has recovered and transferred $60 million from Nestoil Limited to a consortium of creditor banks as part of an ongoing investigation into the company’s transactions with its lenders. The payment follows a structured repayment plan agreed...

June 1 (THEWILL) — The Supreme Court on Monday overturned a Court of Appeal order that froze the assets of Neconde Energy Limited, Nestoil Limited and two other entities over an alleged $1.1 billion debt dispute involving FBNQuest Merchant...

November 26, (THEWILL) — The Federal High Court in Lagos has adjourned the hearing of a joinder application in the ongoing alleged $1 billion debt suit involving FBNQuest Merchant Bank Limited, First Trustees Limited, and Nestoil Limited, alongside its...