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NNPC posts N1.7bn loss in 2019 audited financial reports

The Nigerian National Petroleum Corporation (NNPC) Thursday, announced the release of its 2019 audited Financial Statement, posting a loss of N1.7 billion. This represents a 99.7 percent decline from a loss of N803 billion recorded in 2018. In a statement issued in Abuja, the corporation said that general administrative expenses also dipped by 22 percent from…

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