NNPC

Nigerian fuel marketers promptly raise petrol prices over Iran war

Nigerians are paying sharply higher prices for petrol after a spike in global crude...

Former NNPC general manager sentenced to prison in U.S. over $2.1 million bribe

A former general manager of the Nigerian National Petroleum Corporation (NNPC) has been sentenced...

Tinubu terminates Buhari-era fund for northern and inland oil search

President Bola Tinubu has dismantled a flagship oil exploration fund created under former President...

With executive order, Tinubu alters Nigeria’s oil law, overriding National Assembly

President Bola Tinubu has moved to rewrite key fiscal provisions of Nigeria’s landmark 2021...

Tinubu strips NNPC of billions in retained oil revenue, orders direct remittance to federation account

President Bola Tinubu has ordered a sweeping overhaul of Nigeria’s oil revenue architecture, stripping...

NNPC Limited reports ₦5.4 trillion profit for 2024

NNPC Limited has reported a Profit After Tax of ₦5.4 trillion for 2024 on...

NNPC explains sudden surge in cooking gas prices across Nigeria

Nigeria’s state oil company says the sudden jump in cooking gas prices is linked...

Nigeria moves to rewrite oil law PIA, stripping NNPC of contract control

The Nigerian government is preparing its first major overhaul of the Petroleum Industry Act...

Tinubu sacks Mele Kyari as NNPC chief executive

President Bola Ahmed Tinubu has sacked the group chief executive officer of the Nigerian...

NNPC, Swedish Stena Bulk and Caverton launch shipping venture

The Nigerian National Petroleum Company (NNPC) Shipping, Swedish Stena Bulk, and Nigerian Caverton Marine...