NNPC

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...

Report: NNPC CEO Mele Kyari likely to go before 2025

The Group CEO of the Nigerian National Petroleum Company (NNPC), Mele Kyari, may be...

NNPC raises petrol price, deepening hardship for Nigerians under Tinubu

The Nigerian National Petroleum Corporation (NNPC) Ltd. has raised the price of petrol from...

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”...

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...