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- Written by John Ikani
The Nigerian National Petroleum Corporation (NNPC) has made the country proud in the week with the release of its 2020 audited report and the posting of ₦287 billion profit after tax in the 2020 financial year.
The Nigerian National Petroleum Corporation (NNPC) has made the country proud in the week with the release of its 2020 audited report and the posting of ₦287 billion profit after tax in the 2020 financial year.
A new electricity tariff increase has been approved by the Nigerian Electricity Regulatory Commission(NERC) and would take effect from September 1st this year,
Mr Alex Okoh, the Director-General, Bureau of Public Enterprises (BPE), says the Federal Government has the political will to resuscitate ailing and non-performing privatised enterprises in the country.
The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC) Malam Mele Kyari says that N287 billion profit after tax made by the corporation in 2020 was huge but not sufficient for the nation.
President Muhammadu Buhari, who doubles as Minister of Petroleum Resources, has announced a Profit after Tax of N287 billion by the Nigerian National Petroleum Corporation (NNPC) in 2020.
Power Distribution Companies (Discos) in the country yesterday reacted to allegations that they forced the Nigerian Electricity Regulatory Commission (NERC) to suspend trading of electricity under the eligible customer regulation.
Vice President, Prof. Yemi Osinbajo, has inaugurated the 2×60 Mega Volt Ampree (MVA) 132/33 Kilo Volt (KV) Awka Substation in Anambra State, built by the Niger Delta Power Holding Company Limited (NDPHC) to improve power supply to the state.
The Minister of State for Petroleum Resources, Chief Timipre Sylva says the modular refinery programme to boost local production of crude oil in the country is on course.
The Revenue Mobilisation Allocation and Fiscal Commission (RMAFC) says the review of the revenue allocation formula will be ready for presentation to President Muhammadu Buhari by the end of 2021.
The market indices of the nation’s bourse, opened trading for the week on Monday with a loss of 0.12 per cent, following sell pressure in Lafarge Africa and PZ Cussons.
The Federal Inland Revenue Service (FIRS) has urged taxpayers to continue to pay their Value Added Tax (VAT) to it to avoid paying penalties for failure to do so.
FirstBank of Nigeria Ltd on Sunday announced a N500,000 business grant to five Small and Medium Enterprises (SMEs), through its SMEConnect initiative aimed at boosting employment.