NNPC Records N287b Profit After Tax In 2020
President Muhammadu Buhari, who doubles as Minister of Petroleum Resources, has announced a Profit after Tax of N287 billion by the Nigerian National Petroleum Corporation (NNPC) in 2020. Buhari in a statement issued on Thursday by his Special Adviser, Media,…
Can NNPC meet its 2013 targets with prevailing pace, crude swap deals?
Whereas the new management structure at the Nigerian National Petroleum Corporation (NNPC) has set fresh target of 2023 to turnaround the moribund states of all four national refineries, industry analysts say they are yet to see clear roadmap from the…
120 days on, NNPC keeps Nigerians incommunicado on Gongola Basin oil search
After assuring stakeholders of making public, the result of the hydrocarbon exploration after 60 days search, for more than 120 days after, the Nigerian National Petroleum Corporation (NNPC) is yet to inform Nigerians whether there is progress or not on…
Modular refinery licensees dump licenses, eye closed refineries in Europe
Fresh details have emerged on why many of the Modular Refinery licensees are yet to flag off construction activities. Investigations by Business Hilights Intelligence Unit (BHIU), an independent research arm of Business Hilights publications showed that the Federal Government had…