Nigeria's Supreme Court sets aside asset freeze on Ernest Azudialu's Nestoil and Neconde in $1.1 billion debt battle
Billionaires Africa | 03.06.2026 00:46
Nigeria's Supreme Court has set aside an order by the Court of Appeal that had frozen the assets of Nestoil Limited and Neconde Energy Limited, the oil and gas companies controlled by billionaire Ernest Azudialu-Obiejesi, ruling on Monday that the appellate court exceeded its jurisdiction and misused the judicial process in granting the freeze.
