The supply of crude oil in naira to the Dangote Petroleum Refinery by the Nigerian National Petroleum Company Limited (NNPCL) is to last for six months...
The Lagos-based Dangote Refinery has started processing premium motor spirit (PMS), commonly known as petrol, as the Nigerian National Petroleum Company (NNPC) Limited is set to...
The Nigerian National Petroleum Company Limited (NNPC) has filed a motion to discontinue its legal action against several subsidiaries of Mobil Nigeria as part of the...
The leadership of Nigerian Exchange Group Plc has encouraged President Bola Tinubu-led administration to fast-track the planned initial public offer (IPO) of the Nigerian National Petroleum...
The Nigerian National Petroleum Company Limited (NNPCL) has raised the pump prices of petrol (PMS) by over 200 per cent bringing the price of fuel to between N488...
The Nigerian National Petroleum Company (NNPC) Limited has described total removal of fuel subsidy as announced by the President Bola Tinubu, Nigeria’s new president, as a...
The Independent Petroleum Marketers Association of Nigeria (IPMAN), Western Zone, has attributed the increase in the pump price of petrol to the hike in private depot...
Umar Suleiman A former governor of the Central Bank of Nigeria and vice chairman, Kaduna Investment Promotion Agency, Lamido Sanusi, has said the claim by the...
In response to the alleged inflation of petrol imports and consumption in Nigeria, the Nigerian National Petroleum Company (NNPC) Limited has insisted that average petrol supply...
Oil theft and vandalism in Nigeria have been blamed as the country’s oil production slumped by 28 million barrels between January and July 2022, threatening the...
Subsidy Hits N600/Litre Marketers say Subsidy No Longer Sustainable To make petrol consumption affordable for Nigerians, the federal government daily pay about N40.1 billion as...
The burden of subsidy payment on fuel consumed in Nigeria is about to further weigh heavier on the pocket of the federal government, thus exerting pressure...
Officials of the Nigerian National Petroleum Corporation (NNPC) have been implicated in a series of corrupt deals involving bribery of the officials by a Swiss firm...
The Federal Government has said that the existing trains of the Nigeria Liquefied Natural Gas company are witnessing insufficient gas supply, noting that this is why...
The House of Representatives’ Ad Hoc Committee on Recovery of Outstanding Debts Owed By Oil and Gas Companies has advanced drastic steps to recover a total...
Lists benefits for economy, shareholders Apparently worried by unending inquiries by its happy investors and stakeholders who barely a week ago welcomed its share deal...
Seplat Energy Plc on February 25 announced an agreement to acquire the entire share capital of Mobil Producing Nigeria Unlimited (MPNU), a subsidiary of ExxonMobil. In...
Long queues that recently resurfaced at many petroleum stations in the country have been attributed to a batch of adulterated and contaminated petrol supplied by Nigerian...
With a whopping deficit of approximately N2 trillion out of its projected N2.511 trillion, the Nigerian National Petroleum Company (NNPC) Limited, was unable to remit roughly...
The Minister of Finance, Budget and Economic Planning, Hajia Zainab Ahmed, said in Abuja on Monday that the Federal Government had postponed the planned removal of...
