NNPC to go further by publishing its previous audited accounts and in open data formats.
The NNPC also published the audited accounts of its 20 subsidiaries and business divisions.
The sum of N8.15 trillion of the Federation Account distributions was reportedly shared among the Federal, States and Local Governments in 2019.
Later this week, NEITI will launch a register that will detail the full information of owners of oil and gas companies in the country.
The Department of Petroleum Resources has revoked five Oil Mining Licences and one Oil Prospecting Licence of five companies.
The Nigeria Extractive Industries Transparency Initiative (NEITI) disclosed that Nigeria had lost at least $16 billion over a ten-year period (2008 – 2017) due to non-review...
NEIT clears the air on unremitted funds.
29 December 2017, Abuja— Nigeria’s oil and gas revenues plunged from $54.5 billion in 2014 to $24.8 billion in 2015, while the country’s oil production fell...
The latest Quarterly review of the Nigeria Extractive Industries Transparency Initiative (NEITI) indicated that a total sum of N4.545 trillion was disbursed as FAAC allocation to...
Summary of the top business, economic and political news in Nigeria today. The Federal Government is considering a bouquet of new measures to check the increasing...
