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FG uncovers crude oil connection in Abia where govt loses $7.2m...

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An oil theft situation assessment delegation deployed in the Niger Delta by President Bola Tinubu has uncovered an illegal oil connection in Abia State. From...

NNPCL secures $3bn loan to stabilise naira

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The Nigerian National Petroleum Corporation (NNPCL) has secured a $3 billion crude oil repayment loan to support the naira and stabilise the foreign exchange...

NNPCL: Gwagwalada gas plant’ll add 5GW to national grid

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The Nigerian National Petroleum Company Limited (NNPCL) says the Gwagwalada Independent Power Plant (GIPP) project is a giant step toward achieving its gas and...

NNPCL partners NIPCO to develop 56 gas stations

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The Nigerian National Petroleum Company Limited (NNPCL) has entered into a strategic partnership with NIPCO Gas Limited to develop 56 Compressed Natural Gas (CNG)...

NNPCL: Why we paid N123bn interim dividend to FAAC

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The Nigerian National Petroleum Company Limited (NNPCL) has given reasons behind the payment of an interim dividend of N123 billion to the Federation Account...

Fuel sells for N640 per litre in Awka

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The price of Premium Motor Spirit (PMS), otherwise called fuel, has risen from N530 to N640 per litre in Awka, the capital of Anambra. The...

Fuel queues resurface in Lagos as pump price hits N600  

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Fuel queues have resurfaced within Lagos metropolis, due to hike in the pump price of petrol by the Nigeria National Petroleum Corporation Ltd (NNPCL). It...

NNPCL: Why we increased fuel price to N617 per litre

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The Nigerian National Petroleum Company Limited (NNPCL) has attributed the increase in the price of Premium Motor Spirit (PMS), fondly called petrol, to the...

Kyari: NNPCL’ll sell shares soon

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The Group Chief Executive Officer (GCEO) of the Nigerian National Petroleum Company Limited, Mele Kyari, says the NNPCL will issue its Initial Public Offer...

Senate probes NNPCL’s subsidy regime

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The Senate has constituted an ad hoc committee to investigate the fuel subsidy regime of the Nigerian National Petroleum Company Limited (NNPCL) This followed the...
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