The Petroleum Products Marketing Company, PPMC, Wednesday, announced an increase in the pump price of petrol from N148.62 to N151.56 per litre. The ex-depot price is the cost at which the product is sold to marketers. This was disclosed in an internal memo from Ibadan depot to all stakeholders with reference number PPMC/IB/LS/020 dated September…
NNPC Rakes in N6.33Bn Trading Surplus in May
The Nigerian National Petroleum Corporation, NNPC has recorded a trading surplus of N6.33 billion for the month of May 2019, which is 13 percent higher than the N5.60 billion surplus it recorded in the preceding month of April 2019. A statement by Ndu Ughamadu, Group General Manager, Group Public Affairs Division of the Corporation, indicates…