Friday 5 October 2018

Nigeria's state oil firm posts N18.12 billion trading surplus.


The report indicated that the increase in performance was bolstered by the relatively high production volumes of 1.97 million barrels per day in April 2018.

Nigeria's state oil firm, Nigerian National Petroleum Corporation (NNPC), has announced a trading surplus of N18.12 billion for May 2018.

The surplus is higher than the N17.16 billion recorded in April.

Ndu Ughamadu, the firm's spokesperson, stated this in a statement on the May 2018 edition of the monthly NNPC Financial and Operations Reports, released in Abuja on Monday, October 1, 2018.




By Aderemi Ojekunle.
Full story at Pulse NG.

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