Oando, AA Rano, Sahara others secure fresh NNPC’s oil swaps deal worth $755m
In a move that has sparked industry buzz, the Nigerian National Petroleum Company (NNPC) Ltd has awarded fresh oil swap contracts valued at $755 million in one month despite claiming to end the scheme last June. The contracts, known as direct sale and direct purchase (DSDP) are coveted since they are used to supply nearly…