Nigeria's leading finance and market intelligence news report.

Report of missing 48m barrels of crude spurious – NNPC

The Nigerian National Petroleum Corporation (NNPC) late Thursday dismissed the reports that senior officials of the corporation sold 48 million barrels of crude oil to China in 2015. An oil and gas trading company, SAMANO SA DE CV, had early in the week petitioned the NNPC demanding a compensation fee of 5 percent for giving…

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