NNPC

FG targets $2.2bn Eurobond cash, local funds for fuel subsidy

In a bid to fund subsidy on petrol in the face of rising oil prices, the Federal Government of Nigeria…

3 years ago

Nigeria’s crude oil daily production drops by 10,000 barrels – OPEC

Nigeria’s crude oil production has declined to an average of 1.417 million barrels per day in February 2022, the Organisation…

3 years ago

Aviation fuel: We have three more days to fly – Airline operators

Airline Operators in the country on Monday said they had only three more days to fly due to the high…

3 years ago

Sylva: Nigeria has 1.9bn litres of petrol, to last 32 days

Minister of State for Petroleum Resources, Mr. Timipre Sylva, on Wednesday said the country has 1.9 billion litres of petrol.…

3 years ago

Oil, gas coys owe federation accounts N1.32trn in 2020 – NEITI

The Nigeria Extractive Industries Transparency Initiative (NEITI) has said that oil and gas companies liabilities to the Federation Accounts as…

3 years ago

FG likens petrol scarcity to ‘accident’ as NNPC begins 24 -hr loading at depots

The Federal Government has likened the prolonged petrol scarcity in the country to an accident, saying it was undesirable and…

3 years ago

Govs decry NNPC zero contribution to federation account

The Nigeria Governors Forum (NGF) has decried the zero contribution of the Nigerian National Petroleum Company (NNPC) Ltd. to the…

3 years ago

NNPC, Dangote, Shell, ENI, Agip sign gas supply deal

The Nigerian National Petroleum Corporation Ltd (NNPC) has sealed a deal with partners on gas aggregation to increase local production…

3 years ago

Court to CBN: Release NNPC, Mobil’s N82bn to A’Ibom communities

The Federal High Court, Abuja has granted a garnishee order absolute, on Central Bank of Nigeria (CBN) to release N81.9…

3 years ago

Court orders software Engineer to forfeit over N100m properties

A Federal High Court sitting in Kaduna, Kaduna State, has ordered the forfeiture of properties worth over N100 million, belonging…

3 years ago

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