Conoil profit slump sees 77 percent drop in earnings as higher borrowing costs and weaker fuel sales squeeze margins in Nigeria’s retail fuel market.
Witness details how ex-Head of Service Oyo-Ita diverted N3 billion into private companies, implicating aides and several firms in a massive corruption scandal.
Conoil profit slump sees 77 percent drop in earnings as higher borrowing costs and weaker fuel sales squeeze margins in Nigeria’s retail fuel market.