Business

Nigeria lures Austrian investors with 20% dollar returns

  • 8th September 2026

FG plans Vienna stock exchange bond to fund

  • 8th September 2026

Turkish Airlines lands £300m Liverpool front-of-shirt sponsorship

  • 8th September 2026

How to buy Dangote Refinery shares

  • 8th September 2026

Contact Info

Some Populer Post

UK flights thrown into chaos after air traffic glitch

Aviation

Economic gains must reach ordinary Nigerians — CIBN

Economy

Naira trades at ₦1,321/$ in official FX market

featured Finance

Petrol pump prices stay high despite sharp fall in

featured Oil and Gas

Tag: NNPCL

featured

Top up fuel payment or request refund, NNPC tells marketers

The Nigerian National Petroleum Company Limited has urged petroleum marketers who applied to buy fuel via its online portal to adjust their payments to reflect current prices, warning that failure to do so may lead to the forfeiture of their allocations. NNPC spokesperson Andy Odeh said that marketers unable to meet the revised ex-depot rates […]

Business

NNPC MD appointed Nigeria’s representative to OPEC

The Nigerian National Petroleum Corporation Limited has congratulated Maryamu Idris on her appointment as Nigeria’s National Representative to the Organisation of the Petroleum Exporting Countries. In a statement posted on its official X handle on Wednesday, NNPC described the appointment as a significant step in advancing Nigeria’s interests within the global oil producers’ group. “We […]

featured News

JUST IN: EFCC grants ex-NNPCL boss Kyari bail

The Economic and Financial Crimes Commission has granted administrative bail to the former group chief executive officer of the Nigerian National Petroleum Company limited, Mele Kyari. Mele Kyari on wednesday honoured an invitation by EFCC over an alleged $7.2 billion dollar fraud during his tenure as the boss of the nation’s oil company. Kyari was […]

Business

NNPCL eyes $60b investment to expand Nigeria’s gas infrastructure

The Nigerian National Petroleum Company Limited aims to attract $60 billion in new investments over the next five to seven years to enhance the country’s gas infrastructure. NNPCL’s Group Chief Executive Officer, Bayo Ojulari, made this disclosure on Tuesday while addressing an international audience at the Gastech Exhibition and Conference in Milan, Italy. He said […]

Scams

Ex-NNPC GM faces 25 years in US prison for bribery

Former employee of the Nigerian National Petroleum Corporation Limited, Paulinus Okoronkwo, now risks a maximum of 25 years’ imprisonment for allegedly receiving a bribe of $2.1 million from a Swiss company while in the service of the corporation. In a statement released by the United States Attorney’s Office in the Central District of California, Okoronkwo’s […]

featured

NNPC, others ink gas supply agreements with NLNG

The Nigerian National Petroleum Company Limited and five other upstream gas producers have finalized long-term Gas Supply Agreements with Nigeria Liquefied Natural Gas Limited to supply 1.29 billion standard cubic feet of feedgas per day. In separate statements on Friday, NLNG and NNPC confirmed that the agreements, which include options for extension, were signed with […]

Business

NNPC subsidiary expands fleet beyond 160,000 cubic meters

WAGL Energy Limited, a joint venture between NNPC Limited and Sahara Group, has expanded its fleet capacity to over 160,000 cubic meters. In a statement on X (formerly Twitter) on Monday, NNPC said the move reinforces WAGL Energy’s role as a leading supplier of Liquefied Petroleum Gas in Africa. The company noted that the expansion […]

Business

NNPCL drills four oil wells in Bauchi’s Kolmani field

The Nigerian National Petroleum Company Limited has drilled four oil wells in the Kolmani area of Bauchi State, reinforcing its push to expand oil and gas exploration in northern Nigeria. This development represents a key milestone in unlocking the region’s hydrocarbon resources and aligns with broader national objectives to strengthen energy security and infrastructure. NNPCL […]

Oil and Gas

NNPCL rules out sale of P’Harcourt refinery

The Nigerian National Petroleum Company Limited has ruled out selling the Port Harcourt Refining Company, reaffirming its commitment to completing the plant’s rehabilitation and retaining ownership. Group Chief Executive Officer, Bashir Ojulari, made the disclosure during a town hall meeting on Tuesday at the NNPCL Towers in Abuja. Ojulari clarified that the decision is not […]

NNPCL reports N2.69trn in tax expenses for 2023
Business

NNPCL yet to account for N210tn flagged in audit – senate

The Nigerian Senate has raised concerns that the Nigerian National Petroleum Company Limited has yet to provide a full account of N210 trillion cited in the 2017–2023 audit report by the Office of the Auditor-General for the Federation. The Chairman of the Senate Committee on Public Accounts, Senator Aliyu Wadada, made the disclosure on Thursday […]

FG plans naira payment for local gas operators
Oil and Gas

Nigeria’s gas output dips slightly in May – NNPCL

The Nigerian National Petroleum Company Limited has reported a slight decline in the country’s gas production, which fell to 7.352 billion standard cubic feet per day in May 2025, down from 7.354 billion bscfd in April. According to NNPC’s latest Monthly Report Summary released on Monday, gas sales also dropped marginally, from 4.240 billion bscfd […]

Sign Up for Our Newsletter

Subscribe to our newsletter to get our newest articles instantly!

Email Us: [email protected]

ambusinessng @2025. All Rights Reserved.

Facebook-f Pinterest-p Youtube Instagram Linkedin-in