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NNPC records ₦20.36bn trading surplus in july.

Allegation of AKK contract inflation is baseless, false and malicious – NNPC The Nigerian National Petroleum Corporation (NNPC) has recorded an increased trading surplus of ₦20.36billion in July 2020 compared to the ₦2.12billion surplus in June 2020 in its operations. Dr. Kennie Obateru, Group General Manager, Group Public Affairs Division ...

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Ibeju-Lekki youths reap benefits of Dangote Refinery vocational training

L-R: Lagos State Director of National Directorate of Employment (NDE), Serena Olayebi Edward; Aro of Lekki, Chief Adewale Salawu (Representative of Onilekki of Lekki); Group Executive Director, Strategy, Capital Projects & Portfolio Development, Dangote Industries Limited, Devakumar Edwin; Chief Operations Officer, Dangote Oil Refinery Company, Giuseppe Surace; and Director Human ...

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FG deficit spending rises 6% to N1.46trn in 1st quarter

A map of Nigeria Oil revenue rises 8% to N1.5trn By Babajide Komolafe The fiscal spending of the Federal Government (FG) rose by six percent, year-on-year (YoY) to N1.46 trillion in the first quarter of the year (Q1’2020) from N1.13 trillion in the corresponding period of last year. The increase ...

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Inflation increased by 12.56 percent in June – NBS

National Bureau of Statistics By John Ofikhenua, Abuja The National Bureau of Statistics (NBS ) has said Consumer Price Index (CPI) that measures inflation increased by 12.56 per cent in June 2020. According to its website report titled “CPI June Report 2020, “The consumer price index, (CPI) which measures inflation ...

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