AdminNov 7, 20162 min readKachikwu blasts NNPC for increasing pump price in stationsMinister of State for Petroleum, Dr Ibe Kachikwu, has criticized the recent N4 increase in price of petrol in Nigerian National Petroleum...
AdminNov 4, 20161 min readNNPC stations increase fuel pump priceThe Nigerian National Petroleum Corporation (NNPC) has jerked up pump price of petrol at its retail outlets. Petrol was hitherto sold to...
AdminNov 3, 20162 min readNNPC loses N11.22bn in one monthThe Nigerian National Petroleum Corporation, NNPC, has again reported a month-end trading deficit of N11.22bn in August. The figure was...
AdminNov 2, 20163 min readNigerian Newspapers: 10 things you need to know this Wednesday morningGood morning! Here’s today’s summary from Nigerian Newspapers 1. The Upper Chamber of the National Assembly on Tuesday threw out the...
AdminOct 28, 20161 min readNigeria lost N2.1 trillion to oil vandalism in 10 months – BaruThe Nigerian National Petroleum Corporation, NNPC, said from January 2016 till date, government lost $7bn, about N2.1tn, to the...
AdminOct 27, 20162 min readCorruption in oil industry exaggerated‎ – KachikwuThe Minister of State for Petroleum Resources, Dr Ibe Kachikwu, said corruption in the oil and gas industry was overblown. Kachikwu said...
AdminOct 25, 20162 min readNo plan to increase pump price of fuel – NNPCThe Group General Manager, Group Public Affairs Division of Nigerian National Petroleum Corporation, NNPC, Garba-Deen Muhammad, on...
AdminOct 25, 20162 min readFG may increase fuel price as NNPC says N145 not sustainableThe Nigerian National Petroleum Corporation, NNPC, has said it can no longer sustain the sale of petrol at N145 per litre. Recall that...
AdminOct 22, 20161 min readSuspected fraudster forges NNPC documents, dupes Indian compay of N130mThe Economic and Financial Crimes Commission, EFCC, on Friday dragged a suspected fraudster, Laolu Lakitan, before a Lagos State High...
AdminOct 14, 20161 min readNNPC mobilises equipment to Northeast as search for crude intensfiesThe Nigeria National Petroleum Corporation, NNPC, as part of directives from President Muhammadu Buhari, has intensified plans to deploy...
AdminOct 4, 20162 min readRecession: NNPC warns Nigeria’s oil, gas reserves running outBaru, made the disclosure when he was hosted by the Nigerian Association of Petroleum Explorationists, NAPE, in Abuja, according to a...
AdminSep 29, 20161 min readBuhari complies with NASS, appoints six Commissioners for INEC, NPCThe Senate President, Bukola Saraki read the two letters from the President during the day’s sitting, regarding the confirmation of the...
AdminSep 28, 20162 min readRecession: Obasanjo tells FG to sell port authorities, NNPC to generate fundsObasanjo said this in Abeokuta at the opening ceremony of the National Council On Finance and Economic Development Conference (NACOFED)....
AdminSep 25, 20162 min readNNPC loses N27bn after militants’ attack on Forcados oil pipelineRecall that in February, Shell had declared force majeure, a legal clause that allows it to stop shipments without breaching contracts,...
AdminSep 22, 20162 min readMilitants say NNPC headquarters would be blown up if EFCC arrests Patience JonathanThe ex-first lady had claimed the EFCC had frozen her bank account where she kept some millions of dollars. Several individual and...
AdminSep 7, 20161 min readIgnore rumours of fuel hike – PPPRA says after meeting with NNPC, MarketersThey discussed the recent speculations of an imminent increase in the pump price of petrol. A statement from Petroleum Products Pricing...
AdminAug 31, 20161 min readNegotiations yet to commence because Niger Delta militants are confused, disorganised – NNPCThis was as indications emerged that government is yet to commence negotiation with the various militant groups over their inability to...
AdminAug 24, 20161 min readWe have remitted all NNPC, NLNG dollar deposits – UBAThe United Bank for Africa, UBA, has reacted to its alleged inclusion as one of the banks banned by the Central Bank of Nigeria, CBN,...
AdminAug 9, 20161 min readNNPC boss rules out increase in petrol pump priceOil marketers had, on Monday, asked Nigerians to prepare for another increase in the pump prices of petrol owing to the continued...
AdminAug 8, 20163 min readNNPC pays N56.96bn into Federation Account in June – ReportThis is contained in the corporation’s monthly financial report for the month of June released in Abuja on Sunday. The report said in...
