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BUSINESS ROUNDUP: Unilever Nigeria to sell business; Afromedia accounts frozen after lawsuit; other stories

BUSINESS ROUNDUP: Unilever Nigeria to sell business; Afromedia accounts frozen after lawsuit; other stories
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NNPCL Projects N674bn Post-PIA Annual Profit.

“And this is what goes into the federation through taxes. That is how the governors get money to pay salaries because NNPCL does not have to release the money ....

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NNPC Discovers Oil In Nasarawa

The Nigerian National Petroleum Company Limited on Friday announced the discovery of oil in Nasarawa State and said it was set to drill the first foot of an oil well in the Northern state. It said the discovery was in continuation of its oil exploration activities in the country’s inland basins, adding that it would… ....

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Nigerian Petroleum Company, NNPCL Announces Discovery Of Oil In Another Northern State

The Nigerian National Petroleum Company Limited (NNPCL) has announced the discovery of oil in Nasarawa State. NNPCL’s Group Chief Executive Officer, Mele Kyari, in a statement issued on Friday in Abuja by the corporation’s spokesperson, Garba-Deen Mohammad, said the results of exploratory activities confirmed the presence of substantial hydrocarbon resources in the state. It said the discovery was in continuation of its oil exploration activities in the country’s inland basins, adding that it would spud the first oil well in Nasarawa State in March 2023. ....

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If subsidy is removed, the cheapest oil can sell is N400/litre – Marketers - Latest Nigeria News. Nigerian News. Your online Nigerian Newspaper.

If subsidy is removed, the cheapest oil can sell is N400/litre – Marketers - Latest Nigeria News. Nigerian News. Your online Nigerian Newspaper.
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