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The Nigerian National Petroleum Corporation (NNPC) recorded losses in its operations for most part of 2016 despite a massive restructuring that was supposed to put it on the path of profitability. Analysis of the corporation’s financial and operations report for the twelve-month period between January and December showed that NNPC posted N197.7 billion cumulative deficit […]
NNPC lost N197.7bn in 2016 operations
Source: Business