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Why IOCs Are Withdrawing Investments In Nigeria Tony Elumelu

Nigerian entrepreneur and the Chairman of Heir Holdings, Tony Elumelu, has pointed to oil theft as a significant factor driving International Oil Companies (IOCs) to withdraw...

There Is No Going Back On Fuel Subsidy Removal - Kyari

Business3 years ago

NNPC Pays $3.68bn Debt To Five Oil International Companies

The Nigerian National Petroleum Company (NNPC) has paid over $3.68 billion in cash call debt to five International Oil Companies (IOCs). In new data released on...

Business3 years ago

NNPC To Remit ₦322.45bn Proceeds From Four IOCs To FAAC

The Nigerian National Petroleum Company Limited said it is expected to remit the sum of ₦322.45bn in April 2022 to the Federation Account. The said amount...

Just In: Nigeria To Stop Fuel Importation In 2024 - Kyari

Nigeria News3 years ago

Why International Oil Companies Are Leaving Nigeria – NNPC

The Nigerian National Petroleum Company Limited has finally disclosed the reason International Oil Companies (IOC)are leaving Nigeria for other countries. NNPC’s Group Managing Director, Mele Kyari,...