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Tag Archives: NNPC

NNPCL Gives Details On $3.3bn Loan From Afriximbank

FOLLOWING the mounting concerns on the $3.3 billion loan secured for the Nigerian Government by the Nigerian National Petroleum Company Limited, the firm has given more detail on the debt. Newsextra24 reports that the Government received $2.25 billion from the $3.3 billion. Giving further details on the facility, the Nigerian …

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Former NNPC GMD, Thomas John Is Dead

THE Nigerian National Petroleum Company Limited, (NNPC), on Thursday, announced the death of a former Group Managing Director, GMD, and Acting Alternate Chairman of the Board of the defunct Nigerian National Petroleum Corporation, Thomas Maurice Asuquo John. Newsextra24 learnt that John died at the age of 84. NNPC extended the company’s …

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BREAKING: Fire Guts NNPC Filling Station In Iseyin, Oyo [PHOTOS]

RESIDENTS of Iseyin in Oyo State are currently gripped by palpable fear due to a fire outbreak at one of the stations of the Nigerian National Petroleum Corporation (NNPC). Newsextra24 gathered that the petroleum station, located at Agip area of Iseyin, caught fire around 2 p.m., causing panic among the …

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ASUU, VCs Oppose FG’s 40% IGR Deduction Plan For Universities

THE Academic Staff Union of Universities (ASUU) and the Committee of Vice Chancellors of Nigerian Universities have strongly criticised the FG’s 40% IGR deduction plan, labelling it detrimental to the university system. In a letter dated October 17, 2023, titled ‘Implementation of 40% automatic deduction from internally generated revenue of …

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Pressure On Petrol, Diesel Prices As Crude Hits $97.17

THERE are indications that pressures are mounting on the pump price of petrol as the landing cost has risen by 19.3 per cent to N596.93 per litre as of yesterday, from about N500 per litre in July 2023, when the last pump price adjustment was effected across all retail outlets …

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