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MRS

MRS Oil Nigeria declares N1.7bn loss in one year

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crude oil price

MRS Oil Nigeria Plc has reported a loss of N1.7billion in 2019, higher than N1.26billion decline announced in 2018. Also, the petroleum marketing company recorded an N2.3 billion loss before income tax in 2019 from N1.43billion reported in 2018. Looking at the firm latest financial report, the key factors that contributed to the losses in […]

Reps probe oil firms over N500bn debt to PPMC

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Oando, Mobil, Total, MRS, Capital Oil, others affected Allege connivance between marketers, govt officials Reopen investigation into Malabu oil deal Speedy passage of PIB, solution to anomalies –NNPC   Speaker of the House of Representatives, Yakubu Dogara, on Tuesday, inaugurated an ad hoc committee to investigate the huge debts amounting to over N500 billion owed […]