One of the major players in the Nigerian oil sector, Oando Plc has opened up on its 2014 loss after the global crash of oil prices.
Nigerian oil company opens up on 171.32bn loss
The oil company became the subject of discourse shortly after it released the Q12015 on Friday, October 23, 2015 saying the company suffered 171.32Billion Naira Loss in 2014.
Furthermore, the oil company also revealed a 271billion Naira in administrative expenses amongst other intriguing numbers.
Watch an analysis by financial experts here
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