The Nigerian National Petroleum Corporation, NNPC, has declared a trading surplus of N13.43billion for November 2020, 54 per cent more than the N8.71billion recorded in October 2020. This is contained in the November 2020 edition of the NNPC Monthly Financial and Operations Report (MFOR), according to a press release by the Group General Manager, Group Public Affairs Division of the Corporation, Dr. Kennie Obateru Obateru said the trading surplus or trading deficit is derived after deduction of the expenditure profile from the revenue in the period under review. The report indicated that in November, NNPC Group’s operating revenue as compared to October 2020, decreased slightly by 0.02 per cent or N0.09billion to stand at N423.08 billion. Similarly, expenditure for the month decreased by 1...
The Corporate Affairs Commission, CAC, Tuesday cancelled the registration of the Business name ‘Enough is Enough’ with immediate effect. The commission disclosed this on its Twitter handle, @cacnigeria1. “Based on the provisions of Section 579 (2) of the Companies and Allied Matters Act, (CAMA), the Corporate Affairs Commission has cancelled the registration of the Business name “Enough is Enough BN 2210728” with immediate effect. “The Business Name “Enough is Enough” which was registered in 2012 to engage in General Contracts, Sales of Sport Equipment/Promotion deviated from its main objectives over the cause of time. “Consequently, the Commission has removed it from its database and advised the proprietors to surrender the certificate earlier issued to them.” Get more stories like this o...
Luc Doan/Foursquare The federal government has announced that the evacuation of the first batch of Nigerians from the United States will take place on Saturday, May 9, as against Sunday, May 10, 2020 that was earlier announced. It added that the Ethiopian Airline aircraft would depart Newark Liberty International Airport, New Jersey, on May 9, 2020 at the estimated time of 19:15 hours and arrive at the Nnamdi Azikiwe Airport, Abuja on May 10, 2020, at the estimated time of 11:15 hours. The Consulate General of Nigeria in New York in a statement dated May 5, 2020, and made available to journalists on Thursday, added that only 270 passengers would be accommodated in the evacuation batch. It stated categorically that the mission would attend to applicants on a first come, first served basis a...