Daily Archives: May 16, 2018

Nigeria’s state oil company still can’t make money

  It’s meant to be a cash cow, but the state oil company of Africa’s biggest producer is bleeding money.   Nigerian National Petroleum Corp (NNPC), the Abuja-based behemoth that dominates the Opec member’s energy industry, has made losses for at least the last three years, statements on its website show. It will probably register […]