Nipco

Amidst the current fuel crisis in the country NIPCO has offered some soothing words to stakeholders, promising “market friendly rates” for all petroleum products from its depot in 2018. New Managing Director of the company, Sanjay…

Indigenous fuel distributor, Nipco Plc, has acquired an additional 3.23% stake in fuel retailer, 11 Plc, (formerly Mobil Oil Nigeria), for $16 million. This brings Nipco’s total stake in the latter, to 70%. The current…