Nestoil

Business

Nestoil Pays $60m to Creditor Banks as EFCC-Led Repayment Plan Begins

Ogochukwu Onwaeze, THEWILL -
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...
Business

Supreme Court Nullifies Asset Freeze on Nestoil, Neconde in Major Legal Victory

Ogochukwu Onwaeze, THEWILL -
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...
News

Court Adjourns Joinder Application In Nestoil $1bn Debt Suit to December 11

Felix Ifijeh, THEWILL -
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...
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NewsFelix Ifijeh, THEWILL -

2027: APC Reopens Nationwide E-Registration, Targets Fresh Membership Drive Ahead of Polls

The exercise, which will cover APC wards across the country, is expected to provide an opportunity for existing members to validate their membership records while opening the door for new members and supporters seeking to join the party.
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