Statutory Remittances, Operational Expenses Cut NNPC Profit Margin To Below 10%

Statutory Remittances, Operational Expenses Cut NNPC Profit Margin To Below 10%

[mc4wp_form id=33047] The Nigerian National Petroleum Company (NNPC) Limited remitted N3.714tn to the Federal Government as statutory payments in the first four months of 2026, even as the state-owned energy company recorded a profit margin of less than 10 per cent despite generating nearly N13tn in revenue during the period. An analysis of the company’s…

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São Tomé and Príncipe’s Natural Resources Minister Joins Africa Energy Week (AEW) as Offshore Exploration Gains Momentum

São Tomé and Príncipe’s Natural Resources Minister Joins Africa Energy Week (AEW) as Offshore Exploration Gains Momentum

CAPE TOWN, South Africa, July 1, 2026/APO Group/ — Nelson Mário de Carvalho Rosa Cardoso, Minister of Infrastructure and Natural Resources of the Democratic Republic of São Tomé and Príncipe, has been confirmed as a featured speaker at the African Energy Week (AEW) 2026 Conference and Exhibition. Taking place from October 12–16, 2026 in Cape…

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2027: PRP Presidential Aspirant Calls For Issue-Based Campaigns

2027: PRP Presidential Aspirant Calls For Issue-Based Campaigns

[mc4wp_form id=33047] Presidential aspirant of the Peoples Redemption Party (PRP), Engr. (Dr.) Yakubu Mohammed Kingsley, has called on politicians seeking elective offices in the 2027 general elections to focus their campaigns on policies and solutions rather than personal attacks, ethnic divisions and hate speech. In a statement issued in Abuja following the release of the…

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