Nigerian refineries processed nearly no crude in 13 months, the latest data published by the Nigerian National Petroleum Corporation (NNPC) showed on Thursday. Within that time,...
The Senate has ordered the Accountant-General of the Federation Ahmed Idris to conduct an inquiry into the $18.32 billion allegedly paid as dividends by the Nigerian...
The Nigerian National Petroleum Corporation (NNPC) on Sunday announced a total crude oil and gas export earnings of $378.42 million for June. The corporation recorded total...
The Minister of State for Petroleum Resources, Chief Timipre Sylva, said on Saturday night the Federal Government had approved the establishment of Nigeria National Petroleum Corporation...
The Nigerian National Petroleum Corporation (NNPC) on Thursday dismissed as unfounded and total falsehood, a report on missing 48 million barrels of crude oil. The Group...
The Nigerian Petroleum Development Company (NPDC), which serves as the petroleum exploration and production subsidiary of the Nigerian National Petroleum Corporation (NNPC), will ramp up its...
The Nigerian National Petroleum Corporation (NNPC) is requesting investors to bid to repair pipelines and depots serving its oil refineries, a document posted on its website...
The Nigerian National Petroleum Corporation (NNPC) remitted domestic crude oil and gas sales proceed worth about N1.834 trillion into the Federation Account between 2019 and 2020,...
The Nigerian National Petroleum Corporation (NNPC) on Wednesday said it recorded a 43 percent drop in oil pipeline vandalism in the month of May, 2020. The...
A former Group Managing Director of the Nigerian National Petroleum Corporation (NNPC) Dr. Joseph Thlama Dawha, is dead. The NNPC Group General Manager, Group Public Affairs...
A law firm, Afe Babalola & Co, has revealed how the nation was saved from an attempt to defaud it of about $125 million (N47.6 billion)...
Courier and logistics businesses in Nigeria are facing a double whammy of coronavirus crisis and license fee hike in a country with a bad name for difficulty...
The Nigerian National Petroleum Corporation (NNPC) Monday expanded its export of 4 key crude oil grades for September to 756,000 barrels per day, two per cent...
The Nigerian National Petroleum Corporation (NNPC) Wednesday said its trading deficit for April ballooned by 200 per cent to N30.81 billion from the N9.53 billion posted...
Oil unions have lamented the sacking of 850 contract workers at the nation’s refineries by the Nigerian National Petroleum Corporation (NNPC). The groups, the Nigeria Union...
Hello, and welcome to Business Roundup this week. Here, we bring you highlights of events that happened during the week -from the capital market, mainstream business activities...
The Nigerian National Petroleum Corporation (NNPC) Thursday said it ramped up average daily natural gas supply to power plants by 19.14 per cent and transferred Naira...
Seven workers have lost their lives in an explosion that occurred at the Nigerian National Petroleum Corporation Oil mining lease 40 operated by the Nigerian Petroleum...
The Director-General, Lagos State Emergency Management Agency (LASEMA), Dr. Olufemi Oke-Osanyintolu, has said that hoodlums have vandalized a pipeline at Aboru, Iyan-Ipaja, in efforts to steal...
The House of Representatives Tuesday said it would pursue an inquiry into the reported illegal withdrawals coming to $1.05 billion by Nigerian National Petroleum Corporation (NNPC)...
Northern youth groups on Monday kicked against the hike in the pump price of petrol announced by the Federal Government, calling for an immediate reversal. They...
State-owned Nigerian National Petroleum Corporation (NNPC) Sunday announced new appointments and redeployments across its leadership, four days after its immediate-past Chief Operating Officer (COO), Roland Ewubare,...
Mr Roland Ewubare, the Chief Operating Officer, Joint Ventures and Business Development, Nigerian National Petroleum Corporation (NNPC) has resigned from the national oil company. Although, the...
The Nigerian National Petroleum Corporation (NNPC) might end up being the major importer of fuel in the country as petroleum products marketers in the country confront...
The Nigerian National Petroleum Corporation (NNPC ) Wednesday declared a trade deficit of N9.53 billion in its operations for March 2020, translating to a steep fall...
Deutsche Bank Luxembourg S.A. has completed a landmark US$3 billion Export Credit Agency (ECA)-backed hybrid corporate financing for Nigeria LNG Limited (NLNG) to develop the NLNG...
The Nigerian National Petroleum Corporation (NNPC) has published its audited financial statements for 2018 online in an effort to enhance the openness around its operations. NNPC...
The failure to fix Nigeria’s refineries over the years is essentially a strategy problem, the Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Mele...
The Nigerian National Petroleum Corporation (NNPC) has said it will end its crude sales discount regime next month. Mele Kyari, the Group Managing Director, made the...
The Nigerian National Petroleum Corporation (NNPC) has revealed that a number of its partners are producing oil in Nigeria at $93 per barrel. Mele Kyari, the...
If there is a sector in storming water, it is the oil and gas where the pandemic wrought shocking havoc. Top officials throughout month of April...
The Nigerian National Petroleum Corporation (NNPC) said on Friday pipeline vandalism, crude oil theft and other criminal activities were responsible for high cost of crude oil...
The Nigerian government has handed fuel marketers promissory notes totalling N168 billion and redeemable in 3 years to oil marketers as settlement for the subsidy debts...
The Nigerian Senate Committee on Finance has asked the National Petroleum Corporation (NNPC) to explain why the cost of oil production is ‘very high’ in Nigeria....
The Pan-Niger Delta Forum (PANDEF) has responded to the reconstitution of the Board of the Nigerian National Petroleum Corporation (NNPC) by President Muhammadu Buhari on Saturday....
Hello, and welcome to Business Roundup this week. Here, we bring you highlights of events that happened during the week -from the capital market, mainstream business activities...
President Muhammadu Buhari has reconstituted the board of state-owned Nigerian National Petroleum Corporation (NNPC) after the tenures of members appointed in 2016 expired. The president’s decision...
The immediate past General Managing Director (GMD) of Nigeria National Petroleum Corporation (NNPC), Dr Maikanti Kachalla Baru is dead. The news of his death was announced...
State-owned Nigerian National Petroleum Corporation (NNPC) aims to scale down oil production spending by as much as between 33 and 41 per cent to attain a...
The Nigerian National Petroleum Corporation (NNPC) has declared that professional competence, adherence to the principle of transparency and accountability was the yardstick used to engage the...
The Nigerian National Petroleum Corporation (NNPC) took the latest decision of marking down the ex-depot price of petrol in a bid to keep it competitive after...
The Central Bank of Nigeria (CBN) and the Nigeria National Petroleum Corporation (NNPC) Monday agreed to fund the feeding and accommodation of Nigerians evacuated from foreign...
Nigeria’s spending on petrol in the thirteen-month period between February 2019 and February 2020 came to N2.5 trillion out of the total N2.6 trillion expended by...
The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Melee Kyari, said on Tuesday the Corporation and its partners would extend the ongoing COVID-19...
The Nigerian National Petroleum Corporation (NNPC) Wednesday night announced a cut in the ex-depot price of petrol from N113.28 per litre to N108. According to the...
The Nigerian National Petroleum Corporation (NNPC) has said the Nigerian government will put marginal oilfields up for auction in spite of the slump in oil prices....
Nigeria’s state-owned refineries recorded a combined operational loss of N9.6 billion in January 2020, the latest figures on the financial performance of the plants from the...
A fire outbreak on Monday at the Nigeria National Petroleum Corporation (NNPC) filling station in the Ifako-Ijaiye area of Lagos destroyed 30 vehicles, the state emergency...
The Buhari Media Organisation (BMO) has attacked Atiku Abubakar for calling for the establishment of crude oil reservoir in Nigeria. Atiku, a former Vice President and...
In a bid to fight against the spread of COVID-19, the Nigerian National Petroleum Corporation (NNPC) and the Independent Petroleum Producers Group (IPPG) have donated six...
