May 9, 2021
  • May 9, 2021

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Shell increases dividend payout as profits surge

by on April 29, 2021 0
Royal Dutch Shell’s profits jumped to $3.23 billion in the first three months of the year and the energy company raised its dividend as planned but warned that the outlook remained uncertain due to the coronavirus pandemic. Shell’s adjusted earnings were above an average analyst forecast of $3.125 billion and also ahead of earnings... Read More

NNPC withdraws $21 billion from NLNG dividend account via presidential approval

by on December 3, 2020 0
Nigeria’s state-own oil firm, the Nigeria National Petroleum Corporation (NNPC) has admitted withdrawing $21 billion from the Nigeria Liquefied Natural Gas (NLNG) dividends accounts, but this was authorised by President Mohammadu Buhari. According to the NNPC Chief Finance Officer Umar Ajiya, the money was withdrawn from the account with the approval of the Federal... Read More