The Nigerian National Petroleum Corporation (NNPC) has announced a trading surplus of N43.57 billion in April 2021, representing a 23.64 percent increase over the N35.24 billion it recorded in the preceding month. The corporation’s just published April 2021 edition of Monthly Financial and Operations Report (MFOR) indicated that its Group operating revenue in the month […]
Tag: Production Sharing Contracts (PSCs)
Nigeria’s Oil, Gas Earnings Hit $34.22Bn In 2019 – NEITI
The Nigeria Extractive Industries Transparency Initiative (NEITI) has reported that Nigeria’s earnings from oil and gas sector rose to $34.22 billion in 2019, representing 4.88 per cent higher than the $32.63 billion earned in the preceding year. The industry monitoring agency gave this hint in its 2019 report indicated that the report covered 98 entities, […]