Supreme Court reinstates Olanipekun, Banire as counsel in $2bn Nestoil/Neconde dispute
The Supreme Court’s decision resolved the central issue of whether a receiver appointed by lenders can exclusively determine a company’s ...
Tag: Neconde Energy Limited
Nestoil setback as Supreme Court orders return to Appeal Court over debt
In what appears to be a strong message to Nestoil, the Supreme Court condemns unnecessary and frivolous appeals in debt ...
Nestoil, Neconde petition halts court proceedings in debt dispute
The defendants challenged the court orders by filing multiple petitions at the Federal High Court and the NJC, alleging that ...
How we’re fighting oil theft, vandalism – Kyari
NNPCL says at least 395 illegal refineries have been deactivated.
![Senate Plenary [PHOTO CREDIT: @NgrSenate]](https://i0.wp.com/media.premiumtimesng.com/wp-content/files/2022/06/289380953_406782608161063_8537710940396434633_n.jpg?fit=1280%2C852&ssl=1)
Lawyers petition Senate over alleged oil theft in Niger Delta
The lawyers said about $15 million per month accruable to the federal government could potentially be lost due to the ...
Fuel Scarcity: Why PENGASSAN suspended strike
The planned strike is believed to have worsened the current fuel scarcity across Nigeria.
Fuel Scarcity: SSS, others wade into planned strike by PENGASSAN
Another peace meeting holds on Monday to avert the strike.
![Crude oil extraction [Photo credit: Bloomberg]](https://i0.wp.com/media.premiumtimesng.com/wp-content/files/2015/08/crude-oil-extraction-e1439318146447.jpg?fit=977%2C555&ssl=1)
Nigerian oil firm, Neconde, alleges threat to $558 million asset
Neconde bought OML 42 from Shell.
