Based on an analysis of industry data, the Nigerian National Petroleum Company Limited may need 201 billion Naira ($484 million at $=N413.60) worth of clean Premium…
Browsing: NNPC
Many Nigerian commuters and car owners have expressed their dissatisfaction and anger over the recent fuel scarcity rocking parts of Lagos and Abuja, which is also…
In spite of reassurances by the federal government of Nigeria that it will no longer remove fuel subsidy this year as it earlier intended, fuel queues…
Nigeria’s state oil company recorded a 141.96 billion naira ($346 million) trading surplus in June after recovering from a 37.46 billion naira deficit the previous month,…
In September 2021, the Nigerian National Petroleum Corporation (NNPC) revealed that it spent N123.73 billion on petrol subsidies. In its report to the Federation Account Allocation…
President Muhammadu Buhari has approved that the Nigerian National Petroleum Company Limited be immediately incorporated. This was contained in a statement issued by the President’s Special…
The Nigerian National Petroleum Corporation (NNPC) has declared ₦287 billion as its profit after tax for the year 2020. The figure was announced on Thursday by…
The Nigerian National Petroleum Corporation (NNPC) says it made total revenue of ₦2.129 trillion from the sales of petroleum products between March 2020 and March 2021.…
The PIB provides also for the creation of a Host Communities Development Trust. The oil operators (settlors) are obliged to incorporate a trust for the benefit of the host communities
Nigerian National Petroleum Corporation (NNPC) and its joint venture partner Mobil Producing Nigeria Unlimited on Monday was charged cumulative damages of N81.9 billion by the Federal…