Business

World Cup set to become largest sports gambling

  • 13th June 2026

NGX’s all share index gains 0.6% despite Thursday

  • 12th June 2026

Musk crosses historic $1 trillion wealth mark after

  • 12th June 2026

Senate pushes capital budget timeline to September

  • 12th June 2026

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World Cup set to become largest sports gambling event

Business

Naira gains against Euro, closes at ₦1573/€

Finance

NGX’s all share index gains 0.6% despite Thursday dip

Business

Tinubu says terrorism-related deaths down by 81% since 2015

News

Tag: Bayo Ojulari

Oil and Gas

NNPCL revenue jumps 79% to ₦4.97tn

The Nigerian National Petroleum Company Limited recorded a 79.23 per cent increase in revenue in April 2026, with earnings rising to N4.971 trillion from N2.774 trillion reported in March, according to its latest monthly financial and operational report. The state-owned energy company also posted a significant rise in profitability, with profit after tax increasing by […]

Business

NNPC shuts down refineries over financial losses – Ojulari

The Group Chief Executive Officer of the Nigerian National Petroleum Company Limited, Bayo Ojulari, has revealed that Nigeria’s state-owned refineries were running at a “monumental loss,” forcing his management team to suspend operations to stop further financial drain. Ojulari made the disclosure on Wednesday in Abuja during a fireside chat titled “Securing Nigeria’s Energy Future” […]

Business

Nigeria must harness gas to drive Africa’s growth – Ojulari

The Group Chief Executive Officer of the Nigeria National Petroleum Company Limited, Bayo Ojulari, stated that as an emerging global energy powerhouse, Nigeria has a responsibility to harness its vast gas resources to drive Africa’s development and support global stability. According to NNPC’s Chief Corporate Communications Officer, Andy Odeh, Ojulari made this remark while delivering […]

Oil and Gas

Agbese hails Tinubu, Ojulari over historic NNPCL debt relief

The Deputy Spokesperson of the House of Representatives, Hon. Philip Agbese, has commended President Bola Tinubu for approving the cancellation of huge legacy debts owed by the Nigerian National Petroleum Company Limited to the Federation Account, describing the decision as a strong affirmation of the transparent and reform-driven leadership of the NNPCL Group Chief Executive […]

Oil and Gas

Petrol price war will benefit Nigerians, says NNPCL boss

The Group Chief Executive Officer of the Nigerian National Petroleum Company Limited, Bayo Ojulari, has assured Nigerians that the ongoing price competition in the downstream petroleum sector will ultimately favour consumers. Ojulari said the present tensions in the market are a natural outcome of Nigeria’s shift from near-total reliance on fuel imports to domestic refining […]

Oil and Gas

How naira float drove NNPC to N5.4tr profit in 2024 — Ojulari

The Nigerian National Petroleum Company Limited recorded a substantial Profit After Tax of ₦5.4 trillion on a total revenue of ₦45.1 trillion in its 2024 financial operations. This significant financial boost was attributed primarily to the Central Bank of Nigeria’s decision to float the local currency in 2023. These figures were disclosed by the NNPCL’s […]

News

I’m not a politician, says NNPCL GCEO Ojulari

The Group Chief Executive Officer of the Nigerian National Petroleum Company Limited, Bayo Ojulari, on Thursday, declared that he is not a politician, saying that he will have to learn a bit more about politics. He stated this on Thursday while receiving a delegation of the Petroleum and Natural Gas Senior Staff Association of Nigeria, […]

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