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Nestoil, Neconde Sue FirstBank, Access, Zenith, Others Over $1.8bn Alleged Crude Output Loss

Nestoil and Neconde have initiated a $1.8 billion damages suit against FBN Quest, FBN Trustees, FirstBank, their receiver, Access Bank, Zenith Bank and other parties over what they described as the reckless and unlawful disruption of oil production. The companies alleged that the actions of the banks and their receiver crippled operations, reducing crude oil […]