Tuesday, June 3, 2025

Tag: NNPC

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Naira stabilised after 2023 crisis, but cracks are emerging

After a six-month rebound from its worst-ever crisis in...

Rainy season just started in Nigeria. Over 110 killed by floods already

At least 111 people have died in central Nigeria’s...

Abbey Mortgage Bank is raising ₦100 billion to change to commercial banking

Abbey Mortgage Bank is planning to raise up to...

Tinubu is taking $24 billion in new loans weeks after clearing IMF debt

Just weeks after celebrating the repayment of a $3.3...

NNPC blames “financial strain” for petrol scarcity, a hint price may rise

The Nigerian National Petroleum Corporation (NNPC) Ltd. says it is facing a “financial strain” that is affecting the supply of petrol in the country,...

NNPC’s stake in Dangote Refinery reduced due to non-payment

The Nigerian National Petroleum Corporation (NNPC) has seen its shareholding in the Dangote refinery reduced from 20% to 7.2% due to non-payment of the...

Nigerian govt’s ExxonMobil-Seplat move raises community clean-up fears

The Nigerian government's move to eliminate the final hurdle preventing ExxonMobil from selling its local unit to Seplat, an indigenous company, has rekindled concerns...

Nigeria boosts crude oil production with new Akwa Ibom field

The Nigerian National Petroleum Corporation (NNPC) has begun production at a new oil field in Akwa Ibom state, aiming to ramp up output to...

Don’t get your hopes up: NNPC denies petrol price cut in Nigeria

The Nigerian National Petroleum Company Limited (NNPC Ltd.) has denied reports it has reduced the price of petrol as the exchange rose fell in...

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Rainy season just started in Nigeria. Over 110 killed by floods already

At least 111 people have died in central Nigeria’s...

Abbey Mortgage Bank is raising ₦100 billion to change to commercial banking

Abbey Mortgage Bank is planning to raise up to...

Tinubu is taking $24 billion in new loans weeks after clearing IMF debt

Just weeks after celebrating the repayment of a $3.3...

Tinubu govt approves N45,000 monthly for students to revive Technical Colleges

In a bid to reinvigorate technical and vocational education,...
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