Nigeria pays N5.34bn for fuel in June despite subsidy removal – NNPC
The Nigerian National Petroleum Corporation (NNPC) posted a N5.34 billion ($14 million) cost for fuel in June, months after it changed its pricing method in…
The Nigerian National Petroleum Corporation (NNPC) posted a N5.34 billion ($14 million) cost for fuel in June, months after it changed its pricing method in…
The Federal Government has ordered the chief executive officers and their lieutenants in agencies under the Federal Ministry of Petroleum Resources to convert all their…
People’s Democratic Party (PDP) presidential candidate Alhaji Atiku Abubakar yesterday in Kaduna reiterated his resolve to privatise the Nigerian National Petroleum Corporation (NNPC), if elected…
A claim by a Nigerian minister that he graduated from the University of Nigeria, Nsukka, with a first class honours is false, a fact-check by…
The Nigerian National Petroleum Corporation (NNPC) and Seplat Petroleum Development Company Plc have signed five agreements to develop a gas production project aimed at delivering…
Eighteen Federal Government’s revenue generating agencies failed to remit N526bn and $21bn into the Federation Account between 2010 and June 2015, an audit commissioned…
A former Finance Minister, Ngozi Okonjo-Iweala has revealed the most stressful task she encountered while working under former President Goodluck Jonathan. She made the revelation…
Nigeria is the only member country in the Organisation of Petroleum Exporting Countries (OPEC) that imports petrol and is currently the largest importer of Premium…
The Nigerian National Petroleum Corporation (NNPC) on Wednesday disclosed that it raked in $3.73 billion from crude oil and gas export sales between November 2016…
The Nigeria National Petroleum Corporation, NNPC, has explained why it pays ‘subsidy’ on petrol without appropriation from the National Assembly. Managing Director of the Petroleum…
The federal government of Nigeria has filed a case against JP Morgan Chase for $875m in transferring funds to an oil company controlled by the…
Following the current fuel scarcity witnessed during the Yelutide season, President Muhammadu Buhari has reportedly summoned the Minister of State for Petroleum Resources, Ibe Kachikwu…
The Group Managing Director (GMD), Nigeria National Petroleum Corporation (NNPC), Dr. Maikanti Baru, Tuesday said the Federal Government would adopt what he termed “aggressive measure”…
The Independent Petroleum Marketers Association of Nigeria (IPMAN), Lagos State Chapter, has suspended its plan to withdraw its services and shutdown over 900 fuel stations…
Maikanti Baru, the Group Managing Director of the Nigerian National Petroleum Corporation, NNPC, has cut short his trip to London as long queues returned to…
After more than a year of relief from fuel scarcity in the country, filling stations in some parts of Lagos experienced queues on Monday, while…
The Independent Petroleum Markers Association of Nigeria, Lagos State chapter, has accused the Nigerian National Petroleum Corporation of undersupplying its members with Premium Motor Spirit….
Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Dr. Maikanti Baru, has clinched the Forbes Best of Africa Oil and Gas Man of…