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Tag: #NNPC

Business Economy headline

NNPC denies report on Inflated subsidy claims

Iheanyi Ejiofor June 10, 2024 No Comments #NNPC#Olufemi Soneye#Subsidy claims

Our reporter/ The The Nigerian National Petroleum Company Limited (NNPC Ltd) has denied reports in a section of the media alleging that it inflated subsidy claims by N3.3trillion. In a…

Read More NNPC denies report on Inflated subsidy claims
Business Economy headline

Afreximbank disburses $925 million crude oil-backed loan to NNPC

Iheanyi Ejiofor June 6, 2024 No Comments #Afreximbank#NNPC

Afreximbank has disbursed $925 million to Nigeria’s state-owned NNPC, part of a syndicated $3.3 billion crude oil-backed prepayment facility, the African trade bank said on Thursday. This brings the total…

Read More Afreximbank disburses $925 million crude oil-backed loan to NNPC
Business Economy headline

NETCO posts 137% increase in operating profit for 2023

Iheanyi Ejiofor June 6, 2024 No Comments #NETCO#NNPC#Operating profit

                                   …Targets 5% Increase in Market Share through EPC Projects The NNPC Engineering and Technical Company (NETCO), a subsidiary of the Nigerian National Petroleum Company Limited (NNPC Ltd), has announced a…

Read More NETCO posts 137% increase in operating profit for 2023
Business Economy headline

NNPC Ltd sustains march towards regulatory excellence

Iheanyi Ejiofor June 2, 2024 No Comments #NIMASA#NNPC

…As company bags NIMASA compliance certification on ship, port security The NNPC Ltd has reiterated its commitment to sustain the Company’s march towards process improvement, regulatory compliance and performance excellence.…

Read More NNPC Ltd sustains march towards regulatory excellence
Business Economy headline

NNPC Ltd , Schlumberger (SLB) sign agreement to boost upstream operations

Iheanyi Ejiofor May 23, 2024 No Comments #NNPC#Schlumberger#Upstream operations

…As Kyari reiterates company’s resolve to create value for Nigeria As part of strategic reforms aimed at unlocking opportunities in the nation’s oil and gas industry, the NNPC Energy Services…

Read More NNPC Ltd , Schlumberger (SLB) sign agreement to boost upstream operations

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