N1.5trillion accumulated losses of NNPC, a serious going-concern risk – PWC, SIAO Partners
The auditors of NNPC have raised doubts over the inability of the Corporation to continue as a going concern following ...
Tag: NNPC
NNPC reduces loss by 99.7% in 2019 FY
NNPC has stated that it reduced its loss by 99.8% in 2019.
FG estimates that alternative petrol, CNG would cost N97 per litre
FG, following its estimation claims alternatives to petrol, could be much cheaper.
NNPC to end oil-for-fuel swap system
The NNPC boss disclosed that plans were underway to end the oil-for-fuel swap system in the nearest future.
The need for new revenue sources
There are many opportunities to realize enormous revenue and Jobs from the services sector otherwise known as the soft economy.
New PIB amends royalties by oil firms as Sylva clarifies position on scrapping of NNPC
The Minister has clarified that the new PIB seeks to commercialize the NNPC rather than scrap it.
President Buhari to scrap NNPC, PPPRA as he submits new PIB to National Assembly
The President has recommended the scrapping of the NNPC and PPPRA in the new PIB submitted to the National Assembly.
NNPC says local operators must improve capacity to achieve low cost of oil production
The NNPC has mandated local oil companies to improve capacity to so as to reduce oil production cost.
NNPC signs gas development and commercialization deal with SEEPCO
NNPC and SEEPCO have signed a gas development and commercialization deal.
NNPC extends crude oil swap contracts by 6 months
The swap deal with these companies supplies a huge portion of Nigeria’s petroleum products.
