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Author: Iheanyi Ejiofor

Business Economy headline

NNPC releases 2023 audited financial statement, posts N3.3trn net profit

Iheanyi Ejiofor August 19, 2024 No Comments #audited report#NNPC

…Declares N2.1trn dividend …Targets 2mbpd crude oil production by Dec 2024   The NNPC Limited has released its 2023 Audited Financial Statement (AFS), declaring a net profit of N3.297 trillion at…

Read More NNPC releases 2023 audited financial statement, posts N3.3trn net profit
Business Economy headline

Tinubu gives NNPC approval to spend federation’s dividends to defray petrol subsidy payments – Report

Iheanyi Ejiofor August 19, 2024 No Comments #dividend#federation account#NNPC#petrol subsidy#Tinubu

After months of denying the existence of subsidy, President Bola Tinubu has approved a request by the Nigerian National Petroleum Company (NNPC) Ltd to utilise the 2023 final dividends due…

Read More Tinubu gives NNPC approval to spend federation’s dividends to defray petrol subsidy payments – Report
headline News

Days after Chinese firm leaked info, Presidency confirms Tinubu’s trip to France

Iheanyi Ejiofor August 19, 2024 No Comments #France#Tinubu#Zhongshan Fucheng Industrial Investment Co. Limited

Our reporter/ President Bola Tinubu will, on Monday, travel to France for a “brief work stay”. Special Adviser to the President on Media and Publicity, Ajuri Ngelale, disclosed this in…

Read More Days after Chinese firm leaked info, Presidency confirms Tinubu’s trip to France
headline Politics

Presidential Jets Seizure: Utomi, Amosun trade words over contract violation

Iheanyi Ejiofor August 19, 2024 No Comments #Ibukunle Amosun#Pat Utomi#Presidential jets#Zhongfu International Investment FXE

Our reporter/ The controversy over the seizure of three presidential jets belonging to the Nigerian government in in France by a Chinese firm reverberated at home on Sunday as the…

Read More Presidential Jets Seizure: Utomi, Amosun trade words over contract violation
Business Economy headline

NNPCL denies owing foreign oil traders $6.8bn

Iheanyi Ejiofor August 19, 2024 No Comments #NNPCL#Oil traders

Our reporter/ The Nigerian National Petroleum Company Limited (NNPCL) on Sunday denied a report claiming that it owes international oil traders $6.8 billion. Chief Corporate Communications Officer of the oil…

Read More NNPCL denies owing foreign oil traders $6.8bn

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