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Nigerian Govt's Credit Ratings for Eurobonds to Attract Foreign naija247news.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from naija247news.com Daily Mail and Mail on Sunday newspapers.
TOTAL Nigeria Plc, a multinational oil and gas company, has recorded a whopping 1,601% growth in net profit, from a loss of N537 million naira in the corresponding quarter of 2020 to N8.07 billion in the current period. In the same period, the company recorded an increase of 105.65% in gross profit, from N12.40 billion to N25.50 billion in the current period, despite the 33.44% increase in cost of sales. Why the impressive growth? Despite the losses recorded in the corresponding quarter of 2020, the company has been able to deliver this impressive result that can be attributed to economic recovery following the strong setback in 2020 during the heat of the pandemic, which saw economies and organizations experience recession and record major losses or zero to no profit, thanks to the abrupt interruption in economic activities. ....
Total Nigeria declares interim dividend of N1.36 billion for 2021 half-year nairametrics.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from nairametrics.com Daily Mail and Mail on Sunday newspapers.
Ahead of completion of the Dangote Oil Refinery, the Major Oil Marketers Association of Nigeria (MOMAN) has expressed an intention to engage the management of the company on commercial terms regarding the lifting of its refined petroleum products. On the 17th of February 2021, the MOMAN CEOs had a virtual meeting with Alhaji Aliko Dangote, the President of the Dangote Group and Mr. Edwin, where the Dangote Group presented its project and which culminated to this physical site visit. The marketers, who toured the 650,000 barrels-per-day single train refinery in Ibeju-Lekki, Lagos recently, expressed belief that the Dangote Oil Refinery would help remove the various bottlenecks associated with importation of petroleum products into the country. ....
250 aviation key players to jaw-jaw at LAAC conference tribuneonlineng.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from tribuneonlineng.com Daily Mail and Mail on Sunday newspapers.