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.
Oil marketers have expressed concerns about NNPC's exclusive access to Dangote refinery fuel, urging for a liberalized market to avoid a new monopoly in Nigeria's petroleum sector.
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.