The CEO of NNPC Limited, Mele Kyari in a recent interview has said that the Company deferred payment to fuel importers, due to Nigeria’s falling crude revenues.
Kyari noted that the fuel trading companies NNPC has deferred payments to are: Vitol, Total, Sahara Group, and Oando.
Kyari noted that the fuel trading companies NNPC has deferred payments to are: Vitol, Total, Sahara Group, and Oando.
Source: NNPC explains reason for delayed payment to fuel importers – StocksWatch (stocksng.com)
Guaranty Trust Holding Company Plc (GTCO) has made significant strides in its growth and expansion plans, completing the first tranche of its equity capital raise programme. The highlights of this milestone are as follows: Key Developments: CEO’s Statement: Segun Agbaje, the Group CEO, expressed gratitude to shareholders and regulators for their support. He highlighted the successful capital […]
Tuesday’s trading activities on the floor of the Nigerian stock market closed bearish on profit taking in 51 stocks. The All Share Index declined by 0.24% to close at 103,398.82 points from the previous close of 103,648.24 points. The Market Capitalisation declined by 0.24% to close at N63.051 trillion from the previous close of N63.203 trillion, thereby[…]
