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The Nigerian National Petroleum Company Limited (NNPC), yesterday, in Abuja announced the acquisition of Oando’s OVH Energy, a move aimed at growing the portfolio of the national oil company.
Assets acquired from the company, which operates Oando filling stations, include a reception jetty with 240,000 metric tonnes monthly capacity.
The Nigerian National Petroleum Company Limited (NNPC) has increased its petrol retail outlets to 1,500 after acquiring Oando assets.
The Nigerian National Petroleum Company Limited (NNPC LTD.) has completed the acquisition of OVH Energy Marketing Limited (OVHEM) downstream assets under an Accelerated Network Expansion (ANEX) Initiative. Unveiling the acquisition on Saturday in Abuja, Sen. Margery Okadigbo, NNPC Ltd Board Chairman, said it would strengthen the downstream business portfolio to enhance profitability and guarantee National
Investegate announcements from DX (Group) PLC, Half-year Results