Strong demand for crude pushes NNPC trading surplus to N24bn

  • March 25, 2021
Strong demand for crude pushes NNPC trading surplus to N24bn

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NNPC
NNPC Building


The Nigerian National Petroleum Corporation (NNPC) posted N24.19bn trading surplus in December, 2020 following strong global demand for crude oil. The amount is an increase of 80.12 percent compared to N13.43 billion recorded in November, 2020. Other factors which contributed to surplus include the improved performance by the Nigerian Gas Marketing Company (NGMC), the Petroleum…

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