Nigerian businessman Ernest Azudialu freed from $1 billion asset freeze
Billionaires Africa | 22.11.2025 15:03
Nestoil Group, a leading Nigerian engineering, procurement, construction, and commissioning (EPCC) company owned by Ernest Azudialu-Obiejesi, has won a significant legal reprieve. The Federal High Court in Lagos on Thursday lifted an asset-freeze order that had affected Nestoil, its affiliates, and key company directors in a $1 billion debt dispute.
