Total Energies SE is celebrating a historic $21.4bn (N30.3tn) profit in full-year 2023, but the Nigerian subsidiary is struggling with expenses that dragged its profit down by 20 per cent.
After heavy investments in crude, liquefied natural gas (LNG) and power divisions amounting to $16.8bn (N23.8tn), the French conglomerate achieved revenue of $218.9bn (N310tn).
NigeriaDNA is a Direct News source that delivers the latest news, buzz, and stories from some of Nigeria’s most popular and trusted news websites. NigeriaDNA facilitates this by publishing headlines linking to breaking news and curated snippets from a diverse range of Nigerian credible, independent, and public-interest news sources. Our editors make it easy for Nigerians abroad and diaspora to discover top news stories in real-time as they're posted and directly linked to Nigeria's authoritative News Sources.
© 2024 All Rights Reserved | Curated and Powered by Nigeria DNA
