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Tag: #NNPC

Business Economy headline

NNPC shares Update  on Northern oil exploration efforts

Iheanyi Ejiofor August 23, 2024 No Comments #NNPC#oil exploration

…Pledges Continued Support for Federal Government’s Ambition in Frontier Regions The Nigerian National Petroleum Company Limited  (NNPC) has provided updates on its crude oil exploration activities in the Northern part…

Read More NNPC shares Update  on Northern oil exploration efforts
Business Economy

Tinubu family have no investment in OVH, says NNPC

Iheanyi Ejiofor August 23, 2024 No Comments #NNPC#OVH#Tinubu

Our reporter/ The Nigerian National Petroleum Corporation Limited (NNPCL) has denied claims by former Vice President Atiku Abubakar that it has been hijacked by “corporate cabals” around President Bola Tinubu.…

Read More Tinubu family have no investment in OVH, says NNPC
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
Business Economy headline

63 Illegal Refineries uncovered by NNPC

Iheanyi Ejiofor August 15, 2024 No Comments #Illegal refineries#NNPC#oil theft

Our reporter/ The Nigerian National Petroleum Company Limited, said it has uncovered and confiscated products from 63 illegal refineries in the past week. A documentary by the company on Wednesday,…

Read More 63 Illegal Refineries uncovered by NNPC

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