Nestoil pays further $40 million to lenders after EFCC intervention

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Nestoil paid lenders an additional $40 million under a structured repayment plan facilitated by Nigeria’s Economic and Financial Crimes Commission. The payment marks further progress in the company’s efforts to meet its obligations to creditors.

The payment is a major step forward in the structured repayment plan agreed to by Nestoil and the lenders at a meeting facilitated by the EFCC. The post Nestoil pays further $40 million to lenders after EFCC intervention appeared first on Premium Times Nigeria.