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NNPCL - Page 4

NNPCL Reduces Stake In Dangote Refinery As It Repays 60% Of $1bn Loan

NNPCL Loan Repayment and Stake Reduction in Dangote Refinery The Nigerian National Petroleum Company Limited (NNPCL) has repaid 60 percent of the $1.036 billion loan it secured in September 2021 for its investment in the Dangote Petroleum Refinery and Petrochemicals Free Zone

August 20, 2024

Business·News·Oil & Gas

NNPCL Opens Up On Allegations Of $6.8bn Debt, Remittances To Federation Account

The Nigeria National Petroleum Company Limited (NNPCL) has denied allegations that it is owing international oil traders about $6.8 billion. The national oil company also said it is not true that it has not remitted revenues to the Federation Account since January

August 19, 2024

Business·News·Oil & Gas

Gas Production: NNPC Set To Build 100 CNG Sites, 3 LNG Stations

The Nigerian National Petroleum Company Limited (NNPCL), has announced plans to build not less than 100 Compressed Natural Gas (CNG) sites and three Liquefied Natural Gas (LNG) stations to boost gas production. The Group CEO, NNPCL, Mele Kyari, declared that the drive

July 5, 2024

NNPC Seeks New $2 Billion Oil-Backed Loan To Boost Finances

Business·News·Oil & Gas

NNPCL Seeks Judicial Support To Combat Crude Oil Theft, Pipeline Vandalism

The Chief Executive Officer of the Nigerian National Petroleum Corporation Limited (NNPCL), Mr. Mele Kyari, has called on the judiciary to play a crucial role in addressing the persistent issues of crude oil theft and pipeline vandalism. Kyari emphasized the need for

June 14, 2024

Business·News·Oil & Gas

NNPCL Denies Inflating Fuel Subsidy Payments

The Nigerian National Petroleum Company Limited (NNPCL) has denied inflating fuel subsidy payments at any point in time.

June 10, 2024

Business·News·Oil & Gas

Fuel Scarcity: We’ve Adequate Stock, NNPCL, Marketers Assure, Promise To Clear Queues By Wednesday

Amid the raging fuel scarcity in parts of Nigeria, the Nigerian National Petroleum Company Limited (NNPCL), and the Major Energies Marketers Association of Nigeria (MEMAN) have assured that there is adequate stock of Premium Motor Spirit (PMS) also known as petrol for

April 30, 2024

Business·Oil & Gas

NNPC Not Giving Accurate Information About PH Refinery Rehabilitation – Expert

Petroleum engineer, Mr Martin Onovo, has alleged that the Nigeria National Petroleum Company Limited (NNPCL) has not been providing accurate information about the status of ongoing rehabilitation of the Port Harcourt refinery. His comment comes amid worries expressed by Nigerians over the

April 29, 2024

Africa·Business·News

Nigeria To Receive $1bn Afreximbank Loan In May For Bolstering Economy

Nigeria is gearing up to receive a significant financial injection of $1.05 billion from Afreximbank, set to be unleashed next month. This syndicated loan, intricately linked to the nation’s oil reserves, aims to breathe new life into Nigeria’s economy, which has been

April 9, 2024

NNPC: Petrol Import To Stop As Port Harcourt Refinery Begins Operations Soon

Business·News·Oil & Gas

NNPCL Slow To Settle $3bn Debt To Oil Traders, Cites Rising Global Prices, Refinery Progress

The Nigerian National Petroleum Company Limited (NNPCL) is facing scrutiny over its sluggish repayment of $3 billion debt owed to oil traders for imported petrol. Despite making progress in clearing the overdue payments, the pace of repayment remains a cause for concern.

April 8, 2024

Cost Of Living Worsens As New Petrol Price Hits Hard On Nigerians

Business·News

Why Petrol Queues Returned To Lagos, Abuja, Port Harcourt Filing Stations

Fears of possible reduction in petrol price fueled artificial scarcity and caused return of queues at filling stations, especially in Lagos, Abuja and some parts of Port Harcourt this weekend.

April 7, 2024

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NNPCL - Page 4

NNPCL Reduces Stake In Dangote Refinery As It Repays 60% Of $1bn Loan

NNPCL Opens Up On Allegations Of $6.8bn Debt, Remittances To Federation Account

Gas Production: NNPC Set To Build 100 CNG Sites, 3 LNG Stations

NNPCL Seeks Judicial Support To Combat Crude Oil Theft, Pipeline Vandalism

NNPCL Denies Inflating Fuel Subsidy Payments

Fuel Scarcity: We’ve Adequate Stock, NNPCL, Marketers Assure, Promise To Clear Queues By Wednesday

NNPC Not Giving Accurate Information About PH Refinery Rehabilitation – Expert

Nigeria To Receive $1bn Afreximbank Loan In May For Bolstering Economy

NNPCL Slow To Settle $3bn Debt To Oil Traders, Cites Rising Global Prices, Refinery Progress

Why Petrol Queues Returned To Lagos, Abuja, Port Harcourt Filing Stations

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