The corporate offices of Nestoil Limited in Victoria Island, Lagos, have been repossessed by the receiver following a “restorative injunction” by a court of appeal. The company had …
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Ernest Azudialu Obiejesi
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Ernest Azudialu-Obiejesi in trouble as banks seize Nestoil over $1bn debt
by Reporterby ReporterErnest Azudialu-Obiejesi, Nigerian oil magnate, is currently facing hard times as a consortium of Nigerian banks has seized his Nestoil Towers, over an alleged estimated $1 billion debt. …
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If you are conversant with Victoria Island you must have passed through this imposing towers, which is one of its kind, sitting on a large expanse of land on Akin …