The presidency says for the first time in the history of Nigeria, President Muhammadu Buhari broke a giant-sized jinx when the Nigerian National Petroleum Corporation (NNPC) announced a first Net

The Nigerian National Petroleum Corporation (NNPC) expended N541.65 billion subsidy on petrol between February and July this year, a document detailing the national oil company’s presentation to the Federation Account

The Nigerian National Petroleum Corporation (NNPC) is once more set to deduct about N215.3 billion from its contribution to next month’s joint Federation Account. The aforementioned amount is a combination

Dangote’s oil refinery will buy at least 300,000 barrels per day of Nigeria’s crude production, after the government granted approval for a 20 percent equity purchase in the project promoted

Nigeria’s National Petroleum Corporation (NNPC) recorded N287 billion, some $697 million in 2020, the first time in the 44-year history of the establishment, the country’s President Muhammadu Buhari has announced.

The Nigerian National Petroleum Corporation (NNPC) on Wednesday projected a medium term base crude oil price scenario of $57 to a barrel for 2022; $61 for 2023 and $62 for

The Nigeria National Petroleum Corporation (NNPC) has hailed the recent Appeal Court judgment affirming its ownership of the Oil Mining License 11 (OML 11), describing it as a huge victory

The Nigerian National Petroleum Corporation (NNPC) on Thursday inaugurated the board of Greenfield Refinery Limited (NGRL), a subsidiary of NNPC, to oversee the establishment and operation of new refineries. Group

The Nigerian National Petroleum Corporation (NNPC) on Monday assured that it would protect the interest of Nigeria in any transaction involving international oil companies interested in divesting from the country.

A former UK-based trader for Glencore Plc pleaded guilty on Monday over what US prosecutors called his role in a scheme to bribe officials in Nigeria in exchange for favorable

The Nigerian National Petroleum Corporation (NNPC) has revealed that it sold a total of N2.106 trillion of refined products to Nigerians between February 2020 and February 2021, with petrol taking

The statutory payments made by the Nigerian National Petroleum Corporation (NNPC) to the Federation Account, a joint pool operated by the local, state and federal governments, declined by over 63

The Nigerian National Petroleum Corporation (NNPC) recorded a total shortfall of $1.2 billion in the financing of its priority projects between January and May 2021, latest data from the national

The Nigerian National Petroleum Corporation (NNPC) is planning to borrow $3.8 billion to actualise its agenda of acquiring a 20 per cent stake in Dangote Refinery. NNPC Group Managing Director,

Nigeria’s three tiers of government may have to look elsewhere to augment revenues accruing monthly from the Federation Account Allocation Committee (FAAC) as the Nigerian National Petroleum Corporation (NNPC) is

The Nigerian National Petroleum Corporation (NNPC) on Wednesday lamented the escalating incidence of petrol smuggling across Nigeria’s borders, which it put at a whopping 42 million litres per day. The

Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Mallam Mele Kyari, has warned that rather than being a positive development, the rising prices of crude oil in the

The Nigerian National Petroleum Corporation (NNPC) on Wednesday predicted that oil price could climb as high as $200 per barrel, as banks and major International Oil Companies (IOCs) withdraw from