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…
NNPCL
NNPC audit uncovers over N61bn in irregular payments
The Office of the Auditor-General for the Federation has identified 28 significant financial irregularities involving the Nigerian National Petroleum Company Limited, totaling…
Reps to probe NNPCL boss removal
The House of Representatives has received and approved a petition from the socio-cultural group, Ezi Umuada Igbo, demanding the removal of Sophia…
Presidency eyes NNPC asset shake-up to boost oil output
The Presidency is currently making plans to restructure asset ownership within the Nigerian National Petroleum Company Limited due to mounting concerns regarding…
NNPCL plans 20% increase in Dangote Refinery stake
The Nigerian National Petroleum Company Limited on Tuesday disclosed plans to raise its equity stake in the $20 billion Dangote Petroleum Refinery…
Nigeria eyes $60b energy investment under NNPC’s 2030 vision
The Nigerian National Petroleum Company Limited has announced plans to attract $60 billion in investments by 2030 through strategic partnerships aimed at…
NNPCL seeks joint investments to unlock Africa’s energy prosperity
The Group Chief Executive Officer of the Nigerian National Petroleum Company Limited, Bayo Ojulari, has urged energy firms and financial institutions to…
NNPC seeks technical partners to revive three idle refineries
The Nigerian National Petroleum Company Limited has said that it is seeking technical equity partners to help revive three of its refineries,…
NNPC to upgrade downstream infrastructure nationwide – Ojulari
The Group Chief Executive Officer of the Nigerian National Petroleum Company Limited, says the company plans to upgrade and expand its existing…
NNPCL suffers ₦380bn revenue loss in September
The Nigerian National Petroleum Company Limited experienced a decline in both production and earnings, losing approximately N380 billion in September 2025 compared…
FG extends probe of NNPC remittances to December 2024
The Federal Government has extended the ongoing probe and reconciliation of payments by revenue-generating agencies, including the Nigerian National Petroleum Company Limited,…
NNPC, Sahara unveil Nigeria’s first indigenous 2.2m-barrel floating vessel
NNPC Limited, Sahara Group, Eroton E&P, and Bilton Energy Ltd have jointly unveiled Nigeria’s first fully indigenous Floating Storage and Offloading vessel,…