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.
Nigeria suffers its sixth national grid collapse in 2024, leading to a nationwide blackout. The recurring failures expose the country's power infrastructure challenges.
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.