Nairametrics

Beleaguered Japaul Oil & Gas released its 2017 Audited accounts reporting a loss after tax of N13.2 billion (2016 FY: N22 billion). Japaul was recently embroiled in a controversial investment bid by Milost Global, which appears to have fallen through following a Businessday Expose. The result balloons Japaul’s negative equity to N28.1 billion up from N19 […]

The post Two Nigerian Banks on the hook as Japaul sinks deeper into financial crisis appeared first on Nairametrics.

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