NNPC declares N5.20 billion trading surplus| The Nigerian National Petroleum Corporation (NNPC) www.nnpcgroup.com has said that it made ₦5.20 billion trading surplus for the month of August. Compare with July, 2019 this translate to a 22% increase from ₦4.26 billion.

Nigeria’s debt service to revenue is high, the debt management office,DMO, said in its recent clarification about Nigerian debt stock. DMO said debt service figures grew as a result of the increase in the Debt Stock and relatively high domestic interest rates.