Tough Times Beckon As NNPC Says No FAAC Remittance For May       The three tiers of government, federal, states and local governments, are in for tough times next month as they may get less from the Federation Account, no thanks to the huge payment the Nigerian...

We’ve Reduced Loss By 99.7% To N1.7bn, Says NNPC         The Nigerian National Petroleum Corporation says it has achieved 99.7 per cent reduction in its loss profile from N803bn in 2018 to N1.7bn in 2019. The corporation published its 2018 Audited Financial Statement five months ago. The corporation’s...

NNPC Releases 2019 Audited Financials, Declares N1.7bn Loss       The Nigerian National Petroleum Corporation, NNPC, Thursday, announced the release of its 2019 Audited Financial Statement, declaring a loss of N1.7 billion, representing a 99.7 per cent decline from a loss of N803 billion recorded in 2018. In...