Investors’ Appetite Remains Weak, Stock Market Sheds N547bn
The Nigerian equities market sustained its downward trend, recording the largest single week decline since September 2018. Despite an increase in value and volume trading, the Nigerian Stock Exchange (NSE) depreciated by 4.6 per cent to close...
NNPC: N547bn Lost In 3years
The group monetary loss of the Nigerian National Petroleum Corporation for 2015, 2016 and 2017 is N547bn, the latest review of the oil firm’s financial and operations reports in the period has revealed.
According to the review, which was done by...
NNPC, Nigeria’s Oil Behemoth Records 3years N547bn Losses
It’s meant to be a cash cow, but the state oil company of Africa’s biggest producer is bleeding money.
The Nigerian National Petroleum Corporation, the Abuja-based behemoth that dominates Nigeria’s energy industry, has recorded losses for at least...
