NNPC

NNPC, Others Now Remit Dollar Revenue To CBN To Boost Nigeria’s Depleting Foreign Reserves

In a move, the Central Bank of Nigeria (CBN) has announced a collaboration with the Nigeria National Petroleum Corporation Limited… Read More

3 months ago

Nigerian Shipowners Partner NNPC On Vessel Purchase For Maritime Industry Revitalization

Nigeria's maritime sector, shipowners have entered partnership with the Nigerian National Petroleum Company Limited (NNPCL) to bolster ship acquisition.  Read More

3 months ago

NNPCL Unveils 150 Million Litres Storage Facility, Aviation Arm, As Port Harcourt Refinery Gears Up For Production

NNPCL has announced the completion of a state-of-the-art 150 million litres storage facility at Atlas Cove, ahead of the full-scale… Read More

3 months ago

IPMAN Tackles NNPC Over Alleged  Delay In Distribution Of Petroleum Products

Oil marketers, representing the Independent Petroleum Marketers Association of Nigeria (IPMAN), have criticized the Nigerian National Petroleum Company Limited (NNPCL)… Read More

3 months ago

NNPCL To Pay Taxes, Royalties Through $3.3bn Crude Oil Loan

In a development, the Nigerian National Petroleum Company Limited (NNPCL) unveiled its plan to prepay future royalties and taxes, totaling… Read More

3 months ago

NNPC Defends $3.3bn Oil Loan Aims To Bolster FX Reserves Amid Mixed Reactions

The Nigerian National Petroleum Company Limited (NNPCL) has justified its controversial $3.3 billion oil pre-payment loan, dubbed 'Project Gazelle'. Read More

3 months ago

OPEC: Nigeria’s Crude Oil Production Soars To 1.4mbpd

Nigeria's crude oil production witnessed a rise to 1.418 mbpd in December 2023, marking an increase from November's 1.319 mbpd,… Read More

3 months ago

NNPCL Records Over N2trn Profit Amid Battle Against Oil Theft

Nigerian National Petroleum Company Limited (NNPCL) announced its historic profit of N2.548tn in 2022, marking its peak since establishment. Read More

4 months ago

Lawmakers To Investigate $60bn Revenue Loss From Alleged Inflated Cash Calls By NNPC

In a move to address revenue loss amounting to over $60 billion, the House of Representatives has pledged to launch… Read More

4 months ago

2024 Budget: 1.78mpd Oil Production Can Be Achieved – NNPCL Boss

Despite the drop in the crude oil production as indicated in the latest November 2023 report, Group Chief Executive Officer… Read More

5 months ago

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