The Nigerian National Petroleum Company (NNPC) Limited has given details of how it recorded a huge leap in trading surplus of ₦141.96billion in June 2021 compared to a deficit of ₦37.46Billion in May 2021. Platforms Africa reports that this is contained in the June 2021 figures of the NNPC Monthly Financial and Operations Report (MFOR). A trading surplus or trading deficit is derived after deduction of the expenditure profile from the revenue for the period under review. In June 2021, NNPC Group operating revenue as compared to May 2021, decreased…
Read MoreHow NNPC Downed Expenditure by N299.44bn, Recorded ₦142bn Trading Surplus
