Nigeria's Supreme Court has ordered Nestoil, Neconde, and the Obiejesis back to the Court of Appeal, stressing debtors must repay debts. Key hearing set for 26th January 2026. Read the full details.
Senior lawyer Babajide Koku's dual representation in Nestoil-FBN legal battle raises conflict of interest concerns, threatening Nigeria's oil sector integrity. Stakeholders warn of serious consequences.
A Federal High Court in Abuja has restrained the Nigerian Police and IGP from interfering with Drawcok Estates' properties in Lagos and Abuja. Read the full ruling details.
Nestoil Limited has firmly denied false reports of being under receivership, calling the publication prejudicial and an act of contempt of court. Learn the full details of the ongoing legal battle.
Federal High Court directs Lagos Police to withdraw officers from Nestoil facilities in ongoing debt dispute with FBNQuest Merchant Bank. Latest ruling shifts case dynamics.
Federal High Court nullifies previous receivership orders against Nestoil and Neconde. Justice Osiagor to hear case de novo starting November 20, 2025. Read the latest developments.
Nestoil clarifies receivership situation, confirms lenders' action against subsidiary while maintaining business stability. Get exclusive details on the corporate development.
Federal High Court issues Mareva injunction against Nestoil, freezing company assets amid explosive $1 billion debt case with Sahara Energy. Legal battle reveals corporate financial tensions.