News Formal

Nigeria National Petroleum Company Limited's Financial Statement Reveals Structural Defects

  • 📰 GuardianNigeria
  • ⏱ Reading Time:
  • 12 sec. here
  • 16 min. at publisher
  • 📊 Quality Score:
  • News: 57%
  • Publisher: 94%

Business Nachrichten

Nigeria,National Petroleum Company,NNPCL

The first post-restructuring financial statement of the Nigeria National Petroleum Company Limited (NNPCL) has exposed the structural defects of the oil company as it seems to thrive more on product trading and less as an upstream operator. On its face value, the company has grown its profit exponentially to N2.52 trillion ($2.7 trillion). But the performance is relatively low compared with its peers such as Petronas, Qatar Energy, Petrobras and Saudi Aramco.

The first post-restructuring financial statement of the Nigeria National Petroleum Company Limited (NNPCL) has exposed the structural defects of the oil company as it seems to thrive more on product trading and less as an upstream operator.

On its face value, the company has grown its profit exponentially to N2.52 trillion ($2.7 trillion). But the performance is relatively low compared with its peers such as Petronas, Qatar Energy, Petrobras and Saudi Aramco.

Wir haben diese Nachrichten zusammengefasst, damit Sie sie schnell lesen können. Wenn Sie sich für die Nachrichten interessieren, können Sie den vollständigen Text hier lesen. Weiterlesen:

 /  🏆 1. in CH
 

Vielen Dank für Ihren Kommentar.Ihr Kommentar wird nach Prüfung veröffentlicht.

Switzerland Neuesten Nachrichten, Switzerland Schlagzeilen

Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.

Explosion in Ibadan: Company Responsible for Storing Explosives IdentifiedGovernor Seyi Makinde has identified the company responsible for storing the explosives that caused the explosion in Ibadan. He promises to bring the culprits to justice and ensure the welfare of the victims. An Emergency Operation Centre has been set up to oversee search and rescue efforts.
Herkunft: PremiumTimesng - 🏆 3. / 78 Weiterlesen »