Total’s Nigerian unit says 2014 pretax profit down 32 percent

Nigerian fuel retailer Total said its 2014 pretax profit fell to 31.6 percent to 5.5 billion naira ($27.9 million), compared with a year ago.

Revenues rose to 240.6 billion naira during the period to December 31, against 238.16 billion naira last year, the unit of French oil company Total said in a statement. The firm said it would pay a dividend of 9 naira each, unchanged from last year.

($1 = 199 naira)