NNPC Retail Limited has posted a staggering loss of ₦395.5 billion for 2024, a dramatic turnaround from the ₦20.18 billion profit it made the previous year.
The oil company subsidiary, which operates petrol stations across Nigeria, blamed the massive loss on unusual one-off transactions that
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Oluwatosin Ogunjuyigbe
Oluwatosin Ogunjuyigbe is a writer and journalist who covers business, finance, technology, and the changing forces shaping Nigeria’s economy. He focuses on turning complex ideas into clear, compelling stories.
