Banks seize assets of oil marketing firms over unpaid loans

Banks seize assets of oil marketing firms over unpaid loans
…60 percent of firms forced to close shop – DAPPMA OpeOluwani Akintayo 03 October 2018, Sweetcrude, Lagos — The Depot and Petroleum Products Marketers Association, DAPPMA, says over 60 percent of oil marketing companies in the country has closed shop as banks have taken over their assets following inability to settle their indebtedness to the banks. More »

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