Nigeria: Creditors chase after ConOil for $140.5m debt

28 June 2016, Abuja — ConOil, owned by Nigeria’s second richest man, is being pursued over a combined debt of over $140.5 million by two foreign and one local companies. Despite making several pledges to pay, ConOil and other companies owned by Mr. Adenuga have reneged on paying the debts, multiple sources in the oil […] More »