30 results
- 22 Aug 2012
Weco Systems Partners NNPC on Next Generation Data Centre
The Nigerian National Petroleum Corporation (NNPC) is the National Oil Corporation through which the federal government of Nigeria regulates and participates in the country's petroleum industry. NNPC…
- 31 Dec 2013
NNPC Keeps N100Bn Fuel as Strategic Reserve.
Petroleum products worth about N100 billion are currently kept as strategic reserve for the nation by the Nigerian National Petroleum Corporation (NNPC). Dr Omar Farouk Ibrahim, spokesman NNPC,said…
- 20 Apr 2014
NNPC Denies Rift with Diezani, Petroleum Minister
Nigerian National Petroleum Corporation (NNPC) at the weekend denied the rumour of frosty relationship between Mrs. Diezani Alison-Madueke, minister of Petroleum Resources and chairman of NNPC board,…
- 26 Nov 2015
Oil Thieves Steal $250m from Single Pipeline- NNPC
Thieves have stolen nearly $250million of petrol from a single pipeline this year, according to the Nigerian National Petroleum Corporation (NNPC). The NNPC said half a billion litres were taken from…
- 1 Jun 2025
SERAP Sues NNPC over Alleged Missing ₦500Bn, Seeks Accountability
Socio-Economic Rights and Accountability Project (SERAP) has filed a lawsuit against the Nigerian National Petroleum Company (NNPC) Limited over its failure to account for the alleged missing ₦500…
- 10 Aug 2015
Buhari Hunts for Stolen Billions @ NNPC after Futile Attempt as Military Ruler
As oil minister during military rule in the 1970s, Muhammadu Buhari oversaw the birth of the Nigerian National Petroleum Corporation (NNPC). Bloomberg reported that, now, as democratically elected…
- 14 Nov 2016
FG to Restructure NNPC, List Shares on NSE
Federal government plans to list the Nigerian National Petroleum Corporation (NNPC) on the Nigerian Stock Exchange, once it concludes its reforms of the country’s petroleum sector, the latest draft…
- 14 Jul 2024
NNPC Cuts Investment In Dangote Refinery From 20 Percent to 7.2 Percent
Nigerian National Petroleum Company (NNPC) Limited has reduced its investment in the Dangote Refinery from 20 per cent to 7.2 per cent, according to Aliko Dangote, chief executive officer, Dangote…
- 12 Aug 2015
Buhari Sacks MDs of NNPC Subsidiaries
President Muhammadu Buhari has fired the managing directors of the subsidiaries of the Nigerian National Petroleum Corporation (NNPC) and retired 38 top management staff of the firm, trimming down…
- 9 Dec 2013
CBN Accuses NNPC of Withholding $49.8Bn
Mallam Sanusi Lamido Sanusi, governor, Central Bank of Nigeria (CBN) has alleged that the Nigerian National Petroleum Corporation (NNPC) failed to remit $49.8 billon (about N8 trillion) to the…
- 22 Aug 2024
NNPC Shares Update on Northern Oil Exploration Efforts, Pledges Continued Support for FG's Ambition in Frontier Regions
Nigerian National Petroleum Company Limited (NNPC) has provided updates on its crude oil exploration activities in the Northern part of the country, reiterating its commitment to achieving the…
- 17 Jan 2018
NNPC, Marketers Stole N784Bn from Nigeria in 2017 - Senate
Revelations were made in the Senate on Wednesday that the Nigeria National Petroleum Corporation (NNPC) and Independent marketers duped Nigeria to the tune of N784.700 billion on surplus volume of…
- 15 Jul 2015
NNPC’s Withdrawal of $1.2Bn Triggers Panic in Banks
Nigerian National Petroleum Corporation (NNPC) has withdrawn $1.2 billion (N240 billion) from banks, triggering more dollar liquidity squeeze in the money market and causing the value of the naira to…
- 7 Jan 2026
NNPC’s $1.42bn, N5.57trn Debt Write-Off and Test of Nigeria’s Fiscal Governance
By Blaise Udunze When the Federal Government approved the write-off of about $1.42 billion and N5.57 trillion in legacy debts owed by the Nigerian National Petroleum Company Limited (NNPC Ltd) to the…
- 25 Mar 2013
Court Asks NNPC Pension Fund to Pay Retirees N500m
The National Industrial Court on Monday ordered the Nigerian National Petroleum Pension Fund Limited to pay N500 million to the Nigerian National Petroleum Corporation, NNPC, pensioners who retired…
- 11 Dec 2013
Presidency Wades into CBN, NNPC Feud over Missing N8Tr
President Goodluck Jonathan on Wednesday waded into the bickering between the Nigerian National Petroleum Corporation (NNPC) and the Central Bank of Nigeria over the missing $49.8 billion oil…
- 2 Mar 2013
NNPC Rejigs ICT Monitors to Check Pipeline Vandalism
Nigerian National Petroleum Corporation (NNPC) has reconfigured 2B Artery monitoring gadgets in Arepo, Ogun state to maintain comprehensive surveillance of the pipeline and to check the spate of…
- 6 Dec 2018
Glo Powers NNPC to Automate Operations Nationwide
Total telecommunications services provider, Globacom, has developed a solution that will enable the Nigerian National Petroleum Corporation (NNPC) to ultimately automate its operations nationwide.…
- 13 Nov 2013
“Greatest Fraud in Africa”: Reps Probe NNPC, Swiss Firm over $6.8Bn Oil Deal
The House of Representatives’ Committees on Petroleum Upstream and Downstream), and Justice are to investigate the Nigerian National Petroleum Corporation (NNPC) for allegedly conniving with a Swiss…
- 16 Jun 2015
Buhari Queries NNPC’s Multiple Accounts
President Muhammadu Buhari was visibly angry when he revealed that the Nigerian National Petroleum Corporation (NNPC), has too many bank accounts, describing it as “improper”. Buhari said either the…
- 11 Mar 2013
Reps Order Arrest of NNPC Boss, Others over N142.7Bn Debt
House of Representatives Committee on Finance has said that the Nigerian National Petroleum Corporation (NNPC) owes the Federal Government N142.7 billion and that the Corporation has not shown any…
- 2 Aug 2014
NNPC: Jonathan Fires Yakubu, Appoints Dawha
President Goodluck Jonathan Friday sacked Andrew Yakubu as the group managing director (GMD), Nigerian National Petroleum Corporation (NNPC) and appointed Dr Joseph Thlama Dawha to replace him. He…
- 11 Jun 2015
NNPC says P/H Refinery May Resume Operation in July
Dr Joseph Dawha, group managing director (GMD), Nigerian National Petroleum Corporation (NNPC), said the Port Harcourt Refinery might resume operation by July. Dawha said this while addressing…
- 5 Nov 2025
NNPC Rules Out an IPO for Now
Nigerian National Petroleum Company (NNPC) Limited, state-owned oil company, has suspended plans for a potential public listing, confirming it will remain entirely government-owned for the…
- 28 Apr 2015
NNPC Owes $1.5Bn, GMB Vows to End Corruption
A forensic audit of Nigeria National Petroleum Corporation's (NNPC) released on Monday said the company, accused of corruption, actually overpaid the state by almost $750 million, but should still…
- 29 Jun 2021
NNPC Seeks Bank Loan to Buy Equity in Dangote Refinery
Banks have commenced engagement with the Nigerian National Petroleum Corporation (NNPC) on how to lend the Corporation loan to acquire equity 20 per equity in the Dangote $19 billion Petroleum…
- 24 Aug 2016
Nine Banks Trouble for Hiding NNPC’s $2.274Bn
Nine deposit money banks (DMBs) are in trouble for hiding over $2.274 billion belonging to the Nigerian National Petroleum Corporation (NNPC) from the Treasury Single Account (TSA). The Central Bank…
- 5 Oct 2016
NNPC to Commence Commercial Bio-Fuel Project in Nigeria,
Dr. Maikanti Baru, group managing director (GMD), Nigerian National Petroleum Corporation (NNPC) has said that the corporation will soon commence the first large scale commercial bio-fuel venture as…
- 17 Nov 2009
NNPC Says it is Committed to Community Development
Nigerian National Petroleum Corporation (NNPC) yesterday reassured that it would continue to promote vigorously the 7-point Agenda of the Yar'Adua administration in the spirit of the 2015 Millennium…
- 25 Mar 2021
Nigerians to Pay N234 Per Litre of Petrol- NNPC
Mele Kyari, group managing director of Nigeria National Petroleum Corporation (NNPC), has said that the corporation can no longer bear the over N120 billion monthly subsidy for Premium Motor Spirit…