NNPC cuts loss by 99.7% – Report
The Nigerian National Petroleum Corporation (NNPC) says it has recorded a 99.7 per cent reduction in its loss profile from ₦803billion in 2018 to ₦1.7billion
Tag : Report
Report: N5.39tn Debt Blocks States from Capital Market Borrowing
We are not overwhelmed, Osun govt insists Lagos has reduced reliance on FAAC to 21%, says Sanwo-Olu With a total debt burden of N5.39 trillion
S/Arabia to allow Umrah pilgrimage to resume from October – Report
Saudi Arabia will allow the Muslim minor pilgrimage, the Umrah, to gradually resume starting in October, around seven months after it was halted due to
COVID-19: Africa needs urgent trade finance boost, says report
Africa needs urgent financing to re-energise its trade in the continent in the wake of the COVID-19 pandemic, a joint report has stated. This is according
NNPC records ₦20.36bn trading surplus in July — report
The Nigerian National Petroleum Corporation (NNPC) has recorded increased trading surplus of ₦20.36billion in July, compared to the ₦2.12billion surplus in June 2020 in its
Chevron invests $1.45bn in Nigerian content development – Report
Chevron Nigeria Limited (CNL) says it invested $1.45 billion in Nigerian Content Development (NCD) in 2019. The oil major made the disclosure in its 2019
Chevron invests N4.3bn to boost agriculture in 2019 – Report
Chevron Nigeria Limited invested N4.3 billion through its Partnership Initiatives in the Niger Delta (PIND) to boost agriculture in the oil rich region in 2019.
Nigeria borrowed N18.89tn under Buhari – Report
Nigeria’s debt rises by N2.38tn, hits N31tn – DMO FG – N25.28tn, states – N5.73tn Lagos, Rivers, Akwa Ibom post highest debts Nigeria’s debt public
Oil servicing firms may go bankrupt, says report
With the crude oil market likely to remain depressed for the rest of 2020, some oil servicing companies in Nigeria may eventually go bankrupt, Agusto
Report: Nigerian Ports Lose $55m Daily to Congestion
A report by Dutch consultancy firm, Dynanmar has revealed that widespread congestion at the Nigerian ports is costing the Nigeria about $55 million (N20.8 billion)
