The Nigerian Extractive Industries Transparency Initiative (NEITI) has suggested a substantial reduction of crude oil allocation to the Nigerian National Petroleum Corporation (NNPC). The outgoing Executive...
There are indications that President Muhammadu Buhari has begun a head hunt of another Group Managing Director for Nigerian National Petroluem Corporation, just as the current...
The Nigeria National Petroleum Corporation (NNPC) says it recorded N38.67billion from the sale of downstream petroleum products in September, a drop from the N44.2 billion of...
In from Smart Ali . . . The House of Representatives on Tuesday hinted that it would investigate the revenue generated by the Nigerian National Petroleum...
In from Ali Smart . . . The House of Representatives has concluded plans to probe the Nigerian Investment Promotion Council (NIPC) over the N1.85trillion pioneer...
The Nigerian National Petroleum Corporation (NNPC) on Tuesday denied any link with the failed bid by an Indian company, Oil and Natural Gas Corp-Mittal Energy Limited...
Nigerian President Muhammadu Buhari has taken his first steps towards overhauling the state owned oil firm by giving its exploration joint ventures control over their own...
In from Ali Smart . . . The Nigerian National Petroleum Corporation (NNPC), Nigeria Ports Authority (NPA) and the Nigeria Maritime Administration and Safety Agency (NIMASA)...
The Nigerian National Petroleum Corporation Retail Limited has dragged the Natural Network Petroleum and Gas Company Limited and two others before Justice I.M. Sanni of a...
Treasury looters will soon have their days in the dock as President Muhammadu Buhari said on Sunday that the prosecution of those who tampered with the...
Though the federal government had emphasised that its directive on the Treasury Single Account (TSA) arrangement would streamline government’s earnings, and reduce corruption, it has however...
The Nigerian National Petroleum Corporation (NNPC) in order to meet its counter-part funding of joint Venture (JV) upstream activities has secured a $1.2 billion (about N238.6bn)...
The Nigeria National Petroleum Corporation (NNPC) has terminated the Offshore Processing Agreements (OPAs) contracts awarded to some companies during the last administration of President Goodlucck Jonathan....
The Independent Petroleum Marketers Association of Nigeria (IPMAN) has said that massive corruption and impunity at all levels of the past management of Nigerian National Petroleum...
Group Managing Director of the Nigerian National Petroleum Corporation (NNPC) Mr. Ibe Kachikwu stated on Sunday, that the Corporation would undertake a review of all Production...
The Group Managing Director, Nigerian National Petroleum Corporation (NNPC) Dr. Emmanuel Kachikwu, said on Thursday that more workers might be relieved of their jobs, in the...
Amid strong speculations that President Buhari would keep the Petroleum portfolio to himself, the new helmsman at the Nigeria National Petroleum Corporation, NNPC, Dr. Ibe Kachikwu,...
The much anticipated cleanup and re-organisation of the nation’s oil company, Nigerian National Petroleum Corporation (NNPC) seems to have begun, as the newly appointed Group Managing...
Group Managing Director of the Nigerian National Petroleum Corporation (NNPC) Dr. Joseph Dawha has been sacked by President Muhammadu Buhari, and replaced by Dr. Emmanuel Kachikwu....
The Executive Secretary, Nigeria Extractive Industries Transparency Initiative, Hajiya Zainab Shamsuna-Ahmed, has said that about 160 million barrels of oil valued at $13.7bn was stolen between...
Worried by the level of corruption in the Nigerian National Petroleum Corporation (NNPC) President Muhammadu Buhari has said his administration would divide the oil company into...
As the recurrent scarcity of petrol products persists in some parts of the country, the Nigerian National Petroleum Corporation (NNPC) on one side, and major marketers...
Displeased with the nonpayment of about N1.9 billion as debt accruing for the protection of pipelines contract terminated recently, the Oodua Peoples Congress (OPC) has threatened...
Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) has described the call for the scrapping of the Nigerian National Petroleum Corporation (NNPC) by the...
The newly inaugurated National Economic Council, headed by Vice President Yomi Osinbajo saod on Monday that former Minister of Finance and Coordinating Minister of the Economy,...
In what seemed a departure from his usual hard talking stance, former Niger Delta militant leader, Mujaheed Asari-Dokubo, made a plea to the Federal Government to...
The DSS has continued its probe to unravel the circumstances surrounding crude oil swap deals that did not seem to benefit Nigeria much, by extending the...
The Gani Adams faction of the Oodua People’s Congress (OPC) has said it would pull out its men currently guarding NNPC pipelines because the corporation had...
Nigerian National Petroleum Corporation (NNPC) says the Port Harcourt Refining Company Limited will start refining crude oil by the end of this month, Group Managing Director,...
Contrary to what the Minister of Petroleum Resources, Mrs. Diezani Alison-Madueke, told Nigerians that the NNPC had begun refunding $1.48bn into the federation account as directed...
When President Goodluck Jonathan ordered the immediate release of the Forensic Investigative Audit conducted by PriceWaterCoopers into allegations of unremitted funds into the Federation Accounts by...
“World Bank backs Buhari to probe NNPC, others”. -Punch, April 14, 2015, p 32. The report by Everest Amaefule, went on to state that “The World...
Nigeria’s beleaguered national oil company, NNPC will be made to refund more than the $1.5 billion stated in the highlights of a PricewaterhouseCoopers (PwC) LLP report...
Fear of the unknown, and what may happen as the nation goes to the polls on Saturday has sent many Nigerians running to the filling stations,...
The Federal Government has armed some former Niger Delta militants and some prominent citizens with multi-billion naira contracts to provide protection for oil pipelines, and along...
Contrary to claims by the Goodluck Jonathan administration that it has been able to eradicate fuel queues at filling stations in the country as a result...
In spite of controversy surrounding the state of his health, presidential candidate of the All Progressives Congress (APC) Gen. Muhammadu Buhari gave his much anticipated speech...
Former Governor of the Central Bank of Nigeria, Chukwuma Soludo, has released a third article, where he dissected the economic policies of the ruling government, and...
The Federal Government has disclosed its partnership with Chevron Nigeria on the mining and exploitation of bitumen in some parts of the country, majorly in Ondo...
Claims by Nigeria’s National Petroleum Corporation (NNPC) that the process by which it supplies refined petroleum products for domestic consumption leads to losses that translate into...
THE Federal Government exported 140.79 million barrels or 1.53mbd of crude oil during the third quarter of 2014, according to the Central Bank of Nigeria (CBN)...
