July 21, 2017 / 7:26 PM / a month ago

Nigeria's NNPC says cenbank supervising $231.8 mln government remittance

ABUJA, July 21 (Reuters) - Nigeria's state oil company on Friday said the central bank was supervising the remittance of funds to the government totalling $231.8 million from Diamond Bank, Skye Bank and Keystone Bank.

The Nigerian National Petroleum Corporation (NNPC) said the money accrued from investments -- $174.4 million with Diamond Bank, $40.7 million in Skye Bank and $16.7 million in Keystone Bank -- was being remitted to a treasury account under a government policy to curb corruption.

Reporting by Camillus Eboh; Writing by Alexis Akwagyiram; Editing by David Goodman

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below