Company Information

Get to know NNPC

Established on April 1, 1977, the Nigerian National Petroleum Company Limited (NNPC) is the state-owned oil corporation of Nigeria. For decades, it has been the primary vehicle through which the federal government manages its interests in the Nigerian oil and gas industry. Following the passage of the Petroleum Industry Act in 2021, the corporation was transformed from a state-run entity into a commercial limited liability company. Its core mission is to explore, produce, refine, transport, and market crude oil, gas, and their derivatives, both locally and internationally, with a renewed focus on profitability and efficiency.

Industry

Financial InvestmentPRIMARY
Financial Insurance
Financial Other Service

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NNPC

N/A

Founded in

1937 (89 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

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FTD LIMITED

(505 reviews)

British Virgin Islands

2017

(9 years)

Security Information :

BVI FSC

Security Information

Warning

This company is currently Unproved.

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License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.