Business Nigerian energy firm Oando 9-mth pre-tax profit falls 44 pct - Reuters

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Nigerian energy firm Oando Plc said on Friday that its nine month pre-tax profit fell 44 percent to 9.78 billion naira ($61.44 million), compared with 17.40 billion naira in the same period a year ago. The oil marketing and exploration company also said turnover declined to 386.25 billion naira during the nine months to September 30, from 487.76 billion naira last year.

Source: Reuters

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