On Monday, Fox Petroleum Group announced that for the next three years, it will fund $7.5 billion into the Nigerian National Petroleum Company Limited (NNPCL) to boost oil production in the upst...
The Nigerian National Petroleum Corporation (NNPC) recently announced the appointment of Olalekan Ogunleye as the new Executive Vice President for the upstream, downstream, and gas sectors.Previously,...
Nigeria's National Petroleum Corporation (NNPC) announced an 80 percent increase in trading surplus. In December 2020, the figure was N24.19 billion, a big jump from the N13.43 billion recorded just a...
The federal government alongside the NNPCL recently announced the completion of the rehabilitation work on the Area-5 Plant of the Port Harcourt Refining Company in Rivers State.The facility is expect...
It was recently announced by the governor of the Central Bank of Nigeria, Olayemi Cardoso as revealed that the apex bank, in close collaboration with the ministry of finance alongside NNPC, will work ...
The Nigerian National Petroleum Corporation (NNPC) and the National Assembly negotiated an intervening period contract between oil marketers and aviation contractors to allow the latter to import ...
The Nigerian National Petroleum Company Limited (NNPC) has decided to sack its top management staff who have less than 15 months to retire from the company.This development came days after the company...
The Nigeria National Petroleum Company Ltd and Afreximbank have collaboratively executed a commitment letter and term sheet for an urgent $3 billion loan to repay crude oil obligations. This event occ...
The Nigerian National Petroleum Company Limited (NNPCL) implemented a substantial increase in fuel prices, with petroleum pump prices soaring to a staggering N617 per litre at various outlets in Abuja...
The Socio-Economic Rights and Accountability Project (SERAP) has called on President Bola Tinubu to “set up a presidential panel of enquiry to promptly probe the grim allegations that US$2.1 billion...