Q3: Conoil Sustains Profitability With 54% Increase Conoil Plc sustained its impressive performance so far this year with yet an encouraging 54 per cent increase in its Profit Before Tax for the nine-month period ended September 30. The performance of the major fuel marketer showed that it continued to brave the stifling operating environment in the downstream sector of the …

Don’t panic, no plan to increase petrol price, NNPC assures Nigerians The Group General Manager, Group Public Affairs Division of the NNPC, Muhammad Garba-Deen, has said there was absolutely no plan by the Federal Government to increase pump price of petrol above N145 maximum level. He said a statement people were referring to was made within the context of technical …

Toyota recalls 5.8m cars Toyota Motor Corp has recalled about 5.8 million cars at home and abroad over potentially faulty air bag inflators made by Takata Corp. According to agency report, the company said in a statement in Tokyo, that the recalled cars included those used as replacement parts following a 2010 recall. It said the recalled covered airbags installed …