Business
blog

6 Uncomplicated Ways to Get Studying Fun

  • July 26, 2020
blog

Acestea sunt semne bune că vor oferi mult

  • July 28, 2021
Naira falls N777 against dollar after CBN announcement
Economy

Investment commission pledges FDI support to improve Nigeria’s

  • March 6, 2022
Energy

Nigeria’s gas revolution will lift West Africa’s energy

  • March 6, 2022

Contact Info

Some Populer Post

Naira trades at ₦1,845/€ on Easter Monday

Business

S’Korea uncovers ‘Made in Korea’ breaches intended to bypass

Business

FG to enhance power grid by 4,000MW – Adelabu

Electricity

Oil prices slip amid trade war concerns, US-Iran nuclear

Oil and Gas

Tag: NNPC

Business

NNPC to use Afrexim bank’s $3.3bn loan for operational costs

The Nigerian National Petroleum Company Limited stated its plan to use the $3.3 billion loan received from the African Export-Import Bank to cover operating demands and pay upfront tax and royalties owed to Nigeria on Sunday. The Times reported that this was revealed in a paper titled ‘Frequently Asked Questions – Project Gazelle,’ provided by […]

featured News

NNPC debunks recruitment exercise

By Wilson Adekumola   The Nigerian National Petroleum Company Limited has debunked reports going viral in recent weeks on social media claiming that it was conducting recruitment exercise.   fake job postings that have been circulating online in recent weeks.   NNPC disclosed this in a statement signed by its management on Monday, stating that […]

Crude hits $83 as Nigeria's export passes 1.4mbpd
Oil and Gas

NNPCL reports 121 cases of crude theft in one week – Report

The Nigerian National Petroleum Company Limited has recorded 121 crude oil theft incidents between July 29 and August 4, 2023. The company’s weekly Energy series, which airs on the Nigerian Television Authority Network, claimed this. The study indicates that crude theft occurrences happened in the states of Delta, Rivers, Bayelsa, and Imo. Following is a breakdown of the incidents […]

Marketers predict more fuel queues due to pipeline vandalism
featured

Oil marketers predict further fuel price hike

Although the Nigerian National Petroleum Company Limited and other oil marketers have not declared an increase in the price of petrol, they have acknowledged that the lack of foreign currency and the hike in the price of crude oil were the two main reasons influencing the price of PMS. The naira’s depreciation against the US […]

Four consortia to repair deteriorated pipelines - NNPCL
Business

NNPCL, NIPCO partner to deliver CNG

The Nigerian National Petroleum Company Limited said on Thursday, August 3, via its Twitter account that it is collaborating with NIPCO Plc to distribute compressed natural gas to Nigerians. This information follows President Tinubu’s recent declaration that his administration would provide local governments and states with buses powered by compressed natural gas. The corporation made the […]

FAAC funds to FG, states hit 7-year high in 2023
Business

NNPCL explains N123bn interim dividend to FAAC

The Nigerian National Petroleum Company Limited has provided explanations for why an N123 billion interim dividend for the month of June was paid to the Federation Account Allocation Committee. According to the News Agency of Nigeria, FAAC distributed N907 billion to the three levels of government on Thursday. NNPCL donated N81 billion as a monthly […]

Four consortia to repair deteriorated pipelines - NNPCL
Oil and Gas

NNPCL monopoly ends as marketer’s fuel vessel arrives

The first shipment of petrol, 27 million liters imported by an unaffiliated marketer, has arrived in the country, ending the Nigerian National Petroleum Company Limited’s prior downstream monopoly. The ship, ST Nnene, which had been scheduled to come since last week but was delayed by bad weather off the coast of Lome, launched at Ijegun-Egba on […]

NNPCL blames market forces for fuel price hike
Oil and Gas

NNPCL blames market forces for fuel price hike

The group chief executive officer of the Nigerian National Petroleum Company Limited, Mele Kyari, has attributed the rise in the per-liter pump price of fuel from N537 to N617 to market forces. The NNPCL CEO clarified that the hike is not based on a shortage of fuel in an interview with reporters on Tuesday following a meeting with […]

NNPC, First E&P provide free healthcare in host communities
Business

NNPCL reiterates intention to sell stocks

NNPC Ltd., the Nigerian National Petroleum Company, has reiterated plans to offer its Initial Public Offer to investors very soon. This was stated by the Group Chief Executive Officer of NNPC Ltd., Mele Kyari, on Tuesday in Abuja at the 22nd Nigeria Oil and Gas Energy Conference and Exhibition. The topic of the conference is “Powering Nigeria’s […]

Four consortia to repair deteriorated pipelines - NNPCL
Oil and Gas

Fuel subsidy: NNPCL cautions against panic-buying

The Nigerian National Petroleum Company Limited has stated that prospective increases in petrol prices are insufficient justification for Nigerians to indulge in panic-buying.. According to Nairametrics, the Group Chief Executive Officer of the NNPCL, Mele Kyari, made this statement to the press on Monday. He claimed that the NNPCL is present to make sure that there is […]

NNPC, First E&P provide free healthcare in host communities
Oil and Gas

NNPC resumes Borno oil exploration after six years pause

The Nigerian National Petroleum Company Limited has begun oil drilling in Borno state’s Lake Chad Basin. Daily Trust reported that The President, Major General Muhammadu Buhari is anticipated to participate virtually at the Wadi-B oil well drilling event in the Tuba town of Jere Local Government Area. The project is being carried out by the NNPC Frontier […]

A former Group Managing Director of the Nigerian National Petroleum Corporation, Andrew Yakubu
Uncategorized

Ex-NNPC GMD sues EFCC, others over withheld $9.8m

A former Group Managing Director of the Nigerian National Petroleum Corporation, Andrew Yakubu, has sued the Economic and Financial Crimes Commission, the Central Bank of Nigeria, and Guarantee Trust Bank for allegedly refusing to release his $9.8 million, despite a court ruling in his favour. The News Agency of Nigeria reported that Yakubu was represented […]