Monday 7 March 2016

REFINERIES RECORD FIRST PROFIT IN 12 MONTHS

Refineries record first profit in 12 monthsNigeria’s three refineries, for the first time since February 2015, were able to make profit at the close of business in January this year, latest figures from the financial and operations report of the Nigerian National Petroleum Corporation have shown.
 
The report showed that the refineries recorded losses consecutively from February last year up till December; but in January 2016, they made an operating profit of N5.67bn
 

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