Police operatives have sealed off the corporate headquarters of Nestoil Limited in Victoria Island, Lagos, after the company was placed under receivership by a consortium of lenders over a reported $1 billion debt. A Federal High Court sitting in Lagos had on October 22, 2025, issued an order of Mareva authorising First Trustees and its [ ]
Wednesday 29 October 2025
leadership - 24 hours ago
JUST-IN: Banks Place Nestoil Under Receivership Over $1bn Debt
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