27 results
- 18 Dec 2024
Dangote Refinery Denies Liquidity Challenges, Dismisses NNPCL’s $1Bn Loan Claim
Dangote Petroleum Refinery and Petrochemicals (DPRP) has dismissed claims that the Nigerian National Petroleum Company Limited (NNPCL) used a $1 billion loan secured through a crude forward sale…
- 3 Jul 2025
NNPCL Posts 40% Profit Hike, Hits ₦1 Trillion Mark
Nigerian National Petroleum Company Limited (NNPCL) has announced a profit after tax of ₦1.054 trillion for May 2025, representing a significant 40.4 percent jump from the ₦748 billion recorded in…
- 14 Aug 2024
Audit Report : Senate Slams NNPCL, FIRS, Police, Others Over Refusal to Respond to Queries
Senate through its Committee on Public Accounts on Tuesday slammed the management of the Nigerian National Petroleum Company Limited (NNPCL), the Federal Inland Revenue Service (FIRS), the Nigeria…
- 17 Feb 2023
NNPCL Officially Takes over as FG Rests NNPC
The Federal Government Friday wound up the Nigerian National Petroleum Corporation, NNPC, after 46 years of operation and its place, the Petroleum Industry Act enabled Nigerian National Petroleum…
- 19 Jun 2025
How and Why N210 Trillion is Missing in NNPCL - CFO
Adedapo Segun, chief financial officer (CFO), Nigerian National Petroleum Company Limited (NNPC), has explained why there is a missing sum of N210 trillion in the company’s audited financial…
- 18 Oct 2023
Olufemi Soneye GOCOP Member Appointed CCCO of NNPCL
Olufemi Oladapo Soneye, a member of the Guild of Corporate Online Publishers, has been appointed the Chief Corporate Communications Officer of the Nigerian National Petroleum Company Limited. Olufemi…
- 9 Jun 2025
Beware!, Fraudsters Using our Name to Defraud Investors- NNPCL
Nigerian National Petroleum Company Limited (NNPC) has warned local investors and foreign businesses about the activities of fraudsters falsely claiming to represent the company. The state-owned…
- 18 May 2025
SERAP Asks Ojulari, NNPC CEO to Account for Missing N500Bn or Face Legal Action
Socio-Economic Rights and Accountability Project (SERAP) has called on Mr. Bayo Bashir Ojulari, group chief executive officer, Nigerian National Petroleum Company (NNPCL) Limited, to provide…
- 13 Oct 2024
SERAP Urges Tinubu to Reverse Petrol Price Hike Pending Court Verdict
Socio-Economic Rights and Accountability Project has urged President Bola Tinubu to direct the Nigerian National Petroleum Company Limited to immediately reverse the second increase in petrol prices…
- 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…
- 16 May 2024
President Bola Tinubu Commissions Seplat Energy’s ANOH Gas Processing Plant
The President of the Federal Republic of Nigeria, His Excellency Bola Ahmed Tinubu has commissioned the Seplat Energy ANOH Gas Processing Plant, marking a significant milestone in Nigeria's energy…
- 28 Jul 2024
Dangote Refinery to Import Crude from Brazil, America by August
Dangote Refinery has concluded plans to supply crude oil from Brazil and the United States of America by August this year to complement it’s refining capacity. Rabi’u Umar, chief commercial officer,…
- 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…
- 1 Apr 2024
CSI: Seplat Says Community, People Empowerment Critical to Energy Sector Stability
Seplat Energy Plc, leading Nigerian independent energy company, says the execution of corporate social investment (CSI) programmes in oil and gas producing communities as well as empowerment of their…
- 25 Mar 2025
Senate Probes Federal Character Violations by NDIC, Others
The Senate on Tuesday deplored what it described as violations of the principles of federal character in the appointments, recruitments and promotions in some key federal institutions and agencies.…
- 27 Mar 2025
NNPC Ready to Go to Capital Market for IPO- CFIO
Nigerian National Petroleum Company (NNPC) Limited has announced its readiness for the capital market with an Initial Public Offer (IPO) now in the final stage. Mr. Olugbenga Oluwaniyi, chief finance…
- 7 Sept 2025
PETROAN Announces 3 Days Nationwide Strike from Tuesday
Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN) has announced plans to halt the lifting and sale of petroleum products nationwide for three days, starting midnight Tuesday,…
- 7 Jul 2024
Seplat Donates Two More STEAM Labs in Benin
The NEPL/Seplat Energy JV has unveiled two more Science, Technology, Engineering, Arts, and Mathematics (STEAM) Labs at both the Edo Boys High School and New Era College, both in Benin City, Edo…
- 29 Oct 2024
Pan-Atlantic University Partners with Cesel and University of Lincoln to Revolutionise Biogas Production in Nigeria
Pan-Atlantic University is proud to announce its partnership with CESEL and the University of Lincoln, UK, on a groundbreaking project funded by a £219,000 Innovate UK grant. This collaborative…
- 1 Aug 2023
Shell to Sell More Oil Assets in Nigeria
Shell Plc is reportedly set to resume talks to sell some of its Nigerian oil fields. The oil giant is said to be in negotiations with Eroton Exploration and Production Company Ltd. to offload some of…
- 4 Feb 2025
Senate Expresses Shock over Billions of Naira missing from FG Coffers
Senate has raised the alarm that billions of naira have left the federal government’s coffers unaccounted for, with critical revenue-generating agencies refusing to honour its Summons. The Senate has…
- 13 Mar 2025
Renaissance Energy Completes Acquisition of SPDC
Renaissance Africa Energy has completed the “acquisition of the entire (100%)” equity holding in Shell Petroleum Development Company of Nigeria (SPDC). This is according to a statement on Thursday by…
- 17 Jun 2025
Rising Oil Prices: PENGASSAN Calls Out Marketers Over Fuel Hike
President of the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN), Festus Osifo, has criticised oil marketers for exploiting Nigerians through inflated fuel prices, insisting…
- 20 Jun 2025
WSIS Review: Nigerian ICT Leaders Urged to Shape Global Digital Future
Stakeholders in Nigeria's Information and Communication Technology (ICT) sector have been tasked to actively engage in the World Summit on the Information Society (WSIS) review process. This call was…
- 2 Jul 2023
SERAP Gives Tinubu 7days Ultimatum to Publish Details of N400Bn Fuel Subsidy Savings
Socio-Economic Rights Accountability Project (SERAP) has demanded that Nigerian President Bola Tinubu publish spending details of the N400 billion saved as a result of removal of fuel subsidy over…
- 6 Aug 2025
Olukoyede, EFCC Chair Denies Forcing Ojulari to Resign as NNPC Boss
Ola Olukoyede, executive chairman, Economic and Financial Crimes Commission (EFCC), has denied claims that he compelled Bayo Ojulari, group chief executive officer, Nigerian National Petroleum…
- 16 Feb 2024
MTN Commits N200Bn on Enugu-Onitsha Highway Rehabilitation
Federal government and MTN Nigeria have signed a N200bn contract to rehabilitate the Enugu-Onitsha highway. A statement by Olusola Abiola, information director of the Ministry of Works, disclosed…