This minute, a retired school principal in Lagos is refreshing her brokerage app, waiting for dividends that will never come. Somewhere in Enugu, a widowed trader, who invested her modest
Nestoil Limited yesterday rejected what it described as a coordinated campaign of blackmail allegedly driven by First Bank of Nigeria and its Chairman, following publications in The Guardian, The Nation,
The Nigerian banking sector is facing a critical stability test as a $2 billion (approx. N2.9 trillion) distressed loan from indigenous energy giant Nestoil Limited forces a historic “balance sheet
Reactions are trailing Supreme Court’s judgment in Nestoil dispute about a receiver’s attempt to challenge the legal representation of the company. The verdict has sparked renewed debate on insolvency practice