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NNPC Expands Global Market Footprint to Japan, China with LNG Supply

In line with its strategic vision to be a dynamic and reliable global energy supplier of choice, the Nigerian National Petroleum Company Limited (NNPC...

NNPC Posts N3.3trn Net Profit, Declares N2.1trn Dividend

The NNPC Limited has posted profit after tax of N3.297 trillion in its 2023 financial year which ended on December 31, 2023. This represents an...

Afreximbank’s Net Interest Income Hits $826.2 Million in First Half of 2024

Afreximbank’s Net Interest Income grew by 24.5% in H1’2024 to reach US$826.2 million, compared to US$663.6 million for the same period last year (H1’2023)....

Equatorial Guinea, Nigeria Sign Gulf of Guinea Gas Pipeline Agreement

In a move set to strengthen bilateral cooperation in West Africa, Equatorial Guinea and Nigeria have signed an agreement for the construction of the...

NDIC Pays Heritage Bank Depositors N5 million Insured Deposit

The Nigeria Deposit Insurance Corporation (NDIC) says it has paid Heritage Bank depositors the maximum insured deposit of N5 million. According to the Corporation,...

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