National Wire About Nigerians, Nigerian Business and Other Stories
Mobil Oil increases profit by 67 per cent
Mobil Oil Nigeria Plc has recorded a profit after tax of N8.15 billion in 2016, representing a 67 per cent increase from the N4.87 billion earned in 2015. The Chairman/Managing Director of the company, Adetunji Oyebanji, who made this disclosure during Mobil’s yearly generally meeting in Lagos recently, attributed the increase to improved product margins and increased rental income from …
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