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NNPC Must Be Transformed To Global Oil Coy – Buhari

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President Muhammadu Buhari Friday received the certificate of incorporation of the Nigeria National Petroleum Company Limited. The President, while speaking, said the country expects nothing...

NNPC Releases 2020 Audited Financial Statements

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The Nigerian National Petroleum Corporation (NNPC) has published its Audited Financial Statements (AFS) for the year 2020. A statement by the Group General Manager, Public...

Petrol Smuggling Has Official Backing – Femi Falana

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Femi Falana, a senior advocate of Nigeria (SAN), says the smuggling of petrol to neighbouring countries is “officially carried out”. On Monday, Hameed Ali, the...

NNPC Redeploys Staff, Makes New Appointment

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The Management of the Nigerian National Petroleum Corporation (NNPC) has announced the promotion and redeployment of some staff to fill vital vacant positions in...

Africa’s Richest Man, Dangote May Forfeit Refinery Project To Nigerian Debt...

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Dangote Oil Refinery, which is reputed to be Africa’s biggest oil refinery, may soon run into a deep financial crisis as a result of...

NNPC Commercialised As Senate Passes PIB

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The Senate Thursday passed the Petroleum Industry Bill (PIB) after two decades of failed attempts. The bill was passed after a clause-by-clause consideration of a...

How Polaris Bank Fully Refunded NNPC’s $223m To FG

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More facts have emerged on the issues surrounding the $223 million lodged with Polaris Bank by the Nigerian National Petroleum Corporation (NNPC) since 2012. This...

Again, Reps Summon Malami For Allegedly Halting Repatriation Of $60bn Loot

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The House of Representatives Ad-Hoc Committee on Assessment and Status of All Recovered Loots – Movable and Immovable Assets from 2002 to 2020 by...

Nigeria Doesn’t Have Money To Build New Refineries – NNPC MD...

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The Nigerian National Petroleum Corporation (NNPC) has said that the country does not have the financial capability to build new refineries. On Monday, Mele Kyari,...

Labour Knocks FG Over Moves To Hike Fuel Price Again

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The Organised Labour has criticised the federal government over its fresh move to increase petrol pump price following the rise of crude oil price...

Be Ready To Take Pains Of High Petrol Cost, NNPC Can’t...

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Timipre Sylva, the Minister of State for Petroleum Resources, has urged Nigerians to be ready to take the pains of increased petrol pump price...

FG To Reduce Petrol Price By N5 From Monday

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The Federal Government has agreed to slash the pump price of Premium Motor Spirit (PMS), known as petrol, by N5 from Monday next week. Sen....