The Nigerian National Petroleum Company (NNPC) Limited says it deducted N448.78 billion in July to cater for subsidy payments. The company said in its monthly presentation to the federation account…
Read More NNPC says Nigeria’s petrol subsidy payments hit N2.04trn in seven monthsCategory: Business
Customs faults NNPC’s claim Nigeria consumes 60 litres fuel daily
By our reporter| The Nigeria Customs Service (NCS) has dismissed claims by the Nigerian National Petroleum Company (NNPC) Limited that Nigerians consume “60 million litres of petrol daily”. The comptroller-general,…
Read More Customs faults NNPC’s claim Nigeria consumes 60 litres fuel dailyNigeria could play a key role in Europe’s energy transition
Nigeria could be emerging as a key strategic partner to Europe’s energy transition, and the Franco-Nigerian relationship is at its heart. University research subsidies, funds for economic development, corporate partnerships,…
Read More Nigeria could play a key role in Europe’s energy transitionFidelity Bank posts impressive H1 2022 results as profits hits N25.1bn
-Proposes interim dividend of 10 kobo per share Leading financial institution, Fidelity Bank Plc, has released its H1 2022 results recording a remarkable 21.6% growth in profit to N21.6bn as…
Read More Fidelity Bank posts impressive H1 2022 results as profits hits N25.1bnEmirates restores flight operations to Lagos
By our reporter| Emirates Airlines has reinstated flight operations to Lagos, effective September 11, 2022. The airline made the disclosure via email to customers on Wednesday. The move comes following…
Read More Emirates restores flight operations to Lagos
