You agree to indemnify, hold harmless, and defend NNPC Limited (including subsidiaries and affiliates of NNPC Limited, hereinafter "NNPC Limited") as well as NNPC Limited officers, directors and employees, from and against any claim, demand, cause of action, debt, loss or liability, including ...
CBN Governor posited that NPDC being a subsidiary of the NNPC must remit all its revenue to the Federation Account in line with the constitutional requirement in Section 162 (10) c. He also questioned the legality of NNPC floating subsidiaries to do business and keep their funds. Finally he ...
Some of the corporation’s subsidiaries, which posted improved performance in its last audited results, included the Nigerian Petroleum Development Company Limited (NPDC), which recorded N479 billion profit in 2019, compared to N179 billion in 2018, representing a 167 per cent incr...