BREAKING NEWS: Police seal and take over Obijackson’s Nestoil Headquarters in Lagos over an unpaid debt of $1.1 billion and ₦430 billion owed to First Bank Plc.

Published

1 month ago

October 29, 2025

Police seal and take over Obijackson’s Nestoil Headquarters in Lagos over an unpaid debt of $1.1 billion and ₦430 billion owed to First Bank Plc.

The company, owned by billionaire businessman Dr. Ernest Azudialu Obiejesi, popularly known as Obi Jackson, has reportedly become the latest victim in a massive debt recovery operation.

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BREAKING NEWS: Police seal and take over Obijackson’s Nestoil Headquarters in Lagos over an unpaid debt of $1.1 billion and ₦430 billion owed to First Bank Plc.

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