BUSINESS UNUSUAL: Platforms Africa reports that baggage and burden of old NNPC to be shed through the right-sizing of unnecessary investments and bloated staff strength, while the sale of shares through IPO will begin in phases Nigerian President Muhammadu Buhari on Tuesday, July 19 unveiled the new Nigerian National Petroleum Company Limited ( NNPC LTD) in a ceremony that officially marks the transitioning of the oil firm from a state-run entity to a fully commercialised oil company, limited by shares. Platforms Africa reports that with this development, the oil…
Read MoreJUST IN: 79,000 Staff, Investment For Review As Buhari Unveils “new NNPC”
