$1.1bn indebtness: Supreme Court voids order freezing assets of Nestoil/Neconde

The Supreme Court has overturned the order made by Court of Appeal that froze the assets and operations of oil firms Nestoil Limited and Neconde Energy Limited over an alleged $1.1 billion debt dispute involving FBNQuest Merchant Bank Limited and First Trustees Limited. In a judgment delivered on Monday, a five-member panel of the apex ...