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2019 Financials: NNPC at risk of bankruptcy — Auditors, management warn

…Losses accumulate to N1.5trn By Michael Eboh Independent auditors and management of the Nigerian National Petroleum Corporation, NNPC, have raised doubts over the ability of the corporation to continue as a going concern, following rising losses and negative capital as a result of excess of liabilities over its assets as stated in its recently published
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Deregulation’ll drive investment in refining — Kyari

Deregulation will drive investment in refining — Kyari

By Michael Eboh Group Managing Director of the Nigerian National Petroleum Corporation, NNPC, Mallam Mele Kyari, on Tuesday, stated that the deregulation of the downstream sector of the oil and gas industry in Nigeria will increase investment in the refining business and facilitate exponential growth in the nation’s refining capacity. In a statement in Abuja,
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NCDMB boosts capacity building with $50,000

By Prince Okafor Nigerian Content Development and Monitoring Board (NCDMB) said at least five innovative teams emerged over the weekend as winners of the Nigerian Oil and Gas Technology (NOGTECH) Hackathon. Each of the five winning teams was given a cheque of $10,000 equity-free grant and they will proceed to participate in a 3-month incubation
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2020: Dangote Remains Africa’s Wealthiest Person for 9th consecutive year

Unlock Nigeria’s gas potential for economic development — Dangote tells FG

By Ediri Ejoh The Federal Government has been urged to deploy new strategy to unlock the potentials and maximize the use of the country’s available vast natural gas resources to improve the nation’s economy. Group Executive Director, Strategy, Capital Projects and Portfolio Development, Dangote Industries Limited (DIL), Mr. Devakumar Edwin said there was the need
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