Nigeria downstream firm’s total operating expenses(OPEX) rose 24 percent to N73.68 billion in 2022 from N59.51 billion in 2021, available data from Nigerian Exchange Group show.
Further analysis shows that the downstream firms which include Total Energies, Ardova, Conoil, Eterna and MRS collect
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Folake Balogun
Folake Balogun is a tech journalist covering Africa’s fast-growing digital economy with a strong focus on incisive analysis of startup trends, venture capital, and fintech innovation, while also exploring emerging technologies such as artificial intelligence and the future of connectivity by highlighting their economic and social impact.
