NNPC
25 Feb
Nigeria may be inching closer to increasing domestic refining as the Federal Government declared that the Port Harcourt Refinery is 80 per cent completed.
20 Feb
Resident of Rivers State, yesterday, lamented the resurgence of long queues at fuel stations across the state.
19 Feb
Phrank Shaibu, spokesperson for former Vice President Atiku Abubakar, has ignited a firestorm by accusing the Nigerian government of secretly reinstating petrol subsidies. This accusation, coupled with the government's deafening silence on the matter, has raised concerns about financial mismanagement and potential corruption. Shaibu's alarm bells, according to various reports, began ringing after reports emerged…
15 Feb
Notwithstanding denials from government, Nigeria is paying about N907.5 billion subsidy on premium motor spirit (PMS) otherwise called petrol monthly as the depreciation of the naira has pushed the actual cost of litre of fuel to N1,202.7.
8 Feb
The Nigerian National Petroleum Company Limited (NNPC Ltd) and the Central Bank of Nigeria (CBN) have agreed to enhance their banking relationship for smoother commercial operations, ensuring improved cash management and digital transaction platforms. This agreement was announced on Thursday in a statement jointly signed by the spokesperson of NNPCL, Olufemi Soneye and his counterpart…
3 Feb
Shell Petroleum Development Company Nigeria Ltd has been advised to obey the court order restraining it against selling its properties in Nigeria, pending the determination of the suit filed by Prince Afolabi Akinruntan and 1,215 others against the oil producing company.
28 Jan
Global transparency body, Extractive Industries Transparency Initiative (EITI), has scored the Nigerian National Petroleum Company Limited (NNPC Ltd) very high in its latest global assessment.
24 Jan
The Permanent Representative of the Centre for Convention on Democratic Integrity, (CDDI) to the ECOSOC-United Nations and Chairman of the Civil Society Policy Forum of World Bank/ African Countries Caucus, Olufemi Aduwo, extolled the impressive growth recorded so far by the Group Chief Executive Officer, Nigerian National Petroleum Corporation Limited (NNPCL), Mele Kyari. According to…
24 Jan
The global Extractive Industry Transparency Initiative (EITI) in Abuja, yesterday, raised concerns over the Nigerian National Petroleum Company (NNPC) Limited's 20 per cent share in Dangote Petroleum Refinery, adding that many questions are left unanswered in other crude-backed loans.
22 Jan
The Lagos State Command of Nigeria Security and Civil Defence Corps (NSCDC) has apprehended four suspects for attempting to vandalise the Nigeria National Petroleum Corporation (NNPC) pipeline in Idimu Local Council Development Area, Baruwa, Alimosho, Lagos.
19 Jan
Delays and setbacks in mega-construction projects are nothing new. It doesn’t matter which country you are in, the level of investment you may have, or even the skill and determination of your government and workforce, these projects are hardly ever completed on time.
11 Jan
I know of no other country that has developed resistance to hardship, adversity and difficult times like Nigerians. It is trite that endurance leads to perseverance and the two can be easily described as typical Nigerian virtues.