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NNPC pledges to deliver Maiduguri power project on schedule

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  FRI 01 OCT, 2021-theGBJournal- The Borno State Governor, Prof. Babagana Umara Zulum has described the groundbreaking ceremony of the Maiduguri & Environs Emergency Power...

President Buhari appoints Senator Ararume Board Chairman of the new NNPC...

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… Directs incorporation of the new company SUN 19 SEPT, 2021-theGBJournal- President Muhammadu Buhari, in his capacity as Minister of Petroleum Resources, has directed...

NNPC’s PMS under-recovery costs estimated to settle at N1.63 trillion

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SAT 04 SEPT, 2021-theGBJournal- According to the data obtained from the Nigerian National Petroleum Corporation (NNPC), the corporation incurred NGN756.99 billion as PMS under-recovery...

President Buhari announces profit after tax of N287 Billion in 2020...

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FRI 27 AUG, 2021-theGBJournal- In fulfillment of an earlier pledge by the Federal Government to publicly announce the financial position of the Nigerian National...

Nigeria’s gas penetration drive receives major boost as NNPC, KDSG, sign...

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…As Kyari assures gas supply will revamp industries FRI 27 AUG, 2021-theGBJournal- Nigeria’s domestic gas penetration aspirations have received a major boost as the Nigerian...

Kyari, NNPC GMD clarifies revenue projection for 2022-2024 revenue framework

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… The GMD provided a base oil price scenario in the medium term as follows: $57 per barrel for 2022, $61 per barrel for...

NNPC scores impressive N43.57bn trading surplus in April amid robust gains...

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MON 09 AUG, 2021-theGBJournal- The Nigerian National Petroleum Corporation (NNPC) has announced a trading surplus of ₦43.57bn in April 2021 representing a 23.64% increase...

The rehabilitation of the Port Harcourt Refinery does not make economic...

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By Oduche Azih SAT 07 AUG, 2021-theGBJournal- This is a basic economic fact, not because Dr Pat Utomi said so. Hence we cannot claim to...

Quick Take: NNPC income and subdued FAAC remittance

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SAT 07 AUG, 2021-theGBJournal- The Nigerian National Petroleum Corporation (NNPC) is set to withhold NGN117.41 billion from the three tiers of government this month...

Fitch Ratings puts focus on positive long-term effects of the Petroleum...

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WED 04 AUG, 2021-theGBJournal- Fitch Ratings- The passage of Nigeria’s proposed Petroleum Industry Bill (PIB) could have positive long-term effects for both Nigeria’s public...