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Debts

  • In the NewsOil & Gas

    NNPCL Faces Mounting Pressure as Crude-Backed Debts Climb to N8.07tn

    by Oluwatosin Racheal Alabi December 1, 2025
    by Oluwatosin Racheal Alabi December 1, 2025

    KEY POINTS The Nigerian National Petroleum Company Limited, NNPCL, is confronting an increasingly heavy debt burden, with crude-backed loan obligations now estimated at N8.07tn. The figure, drawn from the company’s …

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