Conoil H1 Pre-Tax Profit off 25 pct

Nigeria's fuel retailer Conoil said on Thursday its first half to June 31, pre-tax profit dropped 25.25 percent to 1.48 billion naira ($9.13 million), compared with 1.98 billion naira in the same period last year.

Revenue also fell to 78.51 billion naira, compared with 79.63 billion naira in the same period of the previous year, the company said in a filing with the Nigerian Stock Exchange.

Reporting by Oludare Mayowa