Kachikwu blasts NNPC for increasing pump price in stations
Minister of State for Petroleum, Dr Ibe Kachikwu, has criticized the recent N4 increase in price of petrol in Nigerian National Petroleum...
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NNPC stations increase fuel pump price
The Nigerian National Petroleum Corporation (NNPC) has jerked up pump price of petrol at its retail outlets. Petrol was hitherto sold to...
NNPC loses N11.22bn in one month
The Nigerian National Petroleum Corporation, NNPC, has again reported a month-end trading deficit of N11.22bn in August. The figure was...
Nigerian Newspapers: 10 things you need to know this Wednesday morning
Good morning! Here’s today’s summary from Nigerian Newspapers 1. The Upper Chamber of the National Assembly on Tuesday threw out the...
Nigeria lost N2.1 trillion to oil vandalism in 10 months – Baru
The Nigerian National Petroleum Corporation, NNPC, said from January 2016 till date, government lost $7bn, about N2.1tn, to the...
Corruption in oil industry exaggerated – Kachikwu
The Minister of State for Petroleum Resources, Dr Ibe Kachikwu, said corruption in the oil and gas industry was overblown. Kachikwu said...
No plan to increase pump price of fuel – NNPC
The Group General Manager, Group Public Affairs Division of Nigerian National Petroleum Corporation, NNPC, Garba-Deen Muhammad, on...
FG may increase fuel price as NNPC says N145 not sustainable
The Nigerian National Petroleum Corporation, NNPC, has said it can no longer sustain the sale of petrol at N145 per litre. Recall that...
Suspected fraudster forges NNPC documents, dupes Indian compay of N130m
The Economic and Financial Crimes Commission, EFCC, on Friday dragged a suspected fraudster, Laolu Lakitan, before a Lagos State High...
NNPC mobilises equipment to Northeast as search for crude intensfies
The Nigeria National Petroleum Corporation, NNPC, as part of directives from President Muhammadu Buhari, has intensified plans to deploy...
Recession: NNPC warns Nigeria’s oil, gas reserves running out
Baru, made the disclosure when he was hosted by the Nigerian Association of Petroleum Explorationists, NAPE, in Abuja, according to a...
Buhari complies with NASS, appoints six Commissioners for INEC, NPC
The Senate President, Bukola Saraki read the two letters from the President during the day’s sitting, regarding the confirmation of the...
Recession: Obasanjo tells FG to sell port authorities, NNPC to generate funds
Obasanjo said this in Abeokuta at the opening ceremony of the National Council On Finance and Economic Development Conference (NACOFED)....
NNPC loses N27bn after militants’ attack on Forcados oil pipeline
Recall that in February, Shell had declared force majeure, a legal clause that allows it to stop shipments without breaching contracts,...
Militants say NNPC headquarters would be blown up if EFCC arrests Patience Jonathan
The ex-first lady had claimed the EFCC had frozen her bank account where she kept some millions of dollars. Several individual and...
Ignore rumours of fuel hike – PPPRA says after meeting with NNPC, Marketers
They discussed the recent speculations of an imminent increase in the pump price of petrol. A statement from Petroleum Products Pricing...
Negotiations yet to commence because Niger Delta militants are confused, disorganised – NNPC
This was as indications emerged that government is yet to commence negotiation with the various militant groups over their inability to...
We have remitted all NNPC, NLNG dollar deposits – UBA
The United Bank for Africa, UBA, has reacted to its alleged inclusion as one of the banks banned by the Central Bank of Nigeria, CBN,...
NNPC boss rules out increase in petrol pump price
Oil marketers had, on Monday, asked Nigerians to prepare for another increase in the pump prices of petrol owing to the continued...
NNPC pays N56.96bn into Federation Account in June – Report
This is contained in the corporation’s monthly financial report for the month of June released in Abuja on Sunday. The report said in...
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