Stowvat Investments Limited: Banks seize assets of oil marketing firms over unpaid loans

Stowvat Investments Limited

Stowvat Investments Limited is a leading marketer and trader of various Nigerian light crude oil and refined petroleum products worldwide. The secret of Stowvat Investments Ltd's success is based on our continuous developing strategies that guarantee quick delivery at competitive discounted prices that many buyers cannot find elsewhere.

Stowvat Investments Limited Makes The Purchase Of Bonny Light Crude Oil Safe

Through our Associate Crude Oil Marketers and Financiers, we remove fear of non performance with high percentage of performance bond or through bearing the costs of BG/SBLC transmission to our Bank. In TTO/TTT Transactions we offer APG (Advanced Payment Guarantee) equal to the amount of funds our buyers pay to us for Logistics as part of their capability.

Use the contact form and contact us today if you are a buyer of Nigerian Light Crude Oil for our TTO, TTT, FOB and CIF procedures.

Wednesday, 3 October 2018

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 »