EFCC recovers additional $40 million from Nestoil, total hits $100 million

NAIRAMETRICS | 27-10-2026 10:33pm |

The Economic and Financial Crimes Commission (EFCC) has recovered an additional $40 million from Nestoil Limited in an ongoing investigation involving the oil and gas company, its affiliate Neconde Energy Limited and a consortium of lenders, bringing total recoveries under a repayment arrangement to $100 million. According to the lenders, the latest payment was made

Stay Updated with the Latest News!

Don't miss out on breaking stories and in-depth articles.