News

EXCLUSIVE: Naira In Trouble As AFREXIM Struggles To Raise $3bn To Fulfill Loan Agreement With NNPC

THE instability of the naira seems to be far from over because not being a depositors’ bank, AFREXIM is unable on its own.

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News

There Will Be No Fuel Price Increase, Tinubu Assures Nigerians

PRESIDENT Bola Tinubu on Tuesday assured Nigerians that there will be no increase in the pump price of Premium Motor Spirit (PMS), or.

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News

No Plan For Fuel Price Increase – NNPC

THE Nigerian National Petroleum Company (NNPC) Limited says it has no plan to raise the pump price per litre of Premium Motor Spirit.

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News

Reps Probe Alleged Non-Remittance Of N2trn, Other Taxes By NNPCL

THE House of Representatives Tuesday mandated its committee on finance (when constituted) to investigate the alleged non-remittance of N2trn and other due taxes.

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Column

NNPC And The Rest Of Us

This was published July 13, 2020 but still relevant. DECREE 33 of 1977 saw to the birth of the Nigeria National Petroleum Corporation.

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News

NNPC, Marketers, Others Involved In Fuel Subsidy Scam – Former Governor, Yuguda

FORMER Governor of Bauchi State, Isa Yuguda, on Monday said that up until the time of its removal, the fuel subsidy has mostly.

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News

N2.1trn: Tinubu Sets Up Committee To Resolve NNPC, FAAC Remittance Row

PRESIDENT Bola Tinubu has set up an inter-agency committee to resolve the lingering row between the Nigeria National Petroleum Company (NNPC) Limited and.

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News

Subsidy Removal: Tinubu Will Distribute Cheap Fuel – NNPC Boss

PRESIDENT Bola Tinubu has begun putting in place a structural approach to make available cheap fuel through compressed natural gas (CNG) and liquefied.

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News

NNPC Raises Petrol Pump Price As Fuel Queues Surge

THE Nigerian National Petrol Company (NNPC) Limited has confirmed the hike in the pump price of Premium Motor Spirit also known as petrol..

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News

NNPC Resumes Oil Exploration In Borno After Six Years

THE Nigerian National Petroleum Company Limited (NNPC) has resumed oil exploration in the Lake Chad Basin in Borno state. The corporation had stopped.

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News

Reps Summon Finance Minister, SGF, NNPC, Others Over $2.4bn Crude Money

THE House of Representatives Ad Hoc Committee on Oil Theft is inviting several high-ranking officials in the Federal Government over its investigation into.

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News

We Have 1.8bn Litres Of Fuel For Feb, March – NNPC

THE Nigerian National Petroleum Company (NNPC) Limited says it has put in place a “robust” plan for the supply of Premium Motor Spirit.

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Business

Reps Urge NNPC To Ease Off Queues In Filling Stations

THE House of Representatives has urged the Nigerian National Petroleum Corporation (NNPC) Limited as the sole importer of petrol to urgently ease off.

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Business

Nasarawa Oil Well Drill Starts In March – NNPC GMD

THE Nigeria National Petroleum Company Limited (NNPCL) has announced plans to drill the first oil well in Nassarawa State in March 2023 in.

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Business

Nigerian Oil Production Rises To 8-month High Of 1.35m b/d

OPEC’s crude output edged higher last month as Nigeria partially reversed a long-term slump with recent cracking down on oil theft. The Organization.

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