Who are the newcomers tapped by NNPC for crude trading ?
While the majority of 18 local trading concerns chosen by NNPC to sell its crude know the ropes a few have no experience of this type of contract. [...]
Muhammadu Buhari’s victory in Nigeria’s recent presidential election will result in the departure a strongest card in outgoing president Goodluck Jonathan’s hand: the controversial petroleum resources minister Diezani Alison-Madueke. While some traders who became oil explorers raked in riches during [...]
Largely unnoticed in Nigeria where the media and politicians are riveted on the presidential election on Feb. 14, a unit of the Nigerian National Petroleum Corp (NNPC), Pipelines and Product Marketing Co (PPMC) renewed swap contracts in early January that [...]