Over N6.589 trillion was received by eight oil-producing states from the Federation Account under the 13 percent derivation principle, between 2009 and 2019 according to a...
Nigerian refineries processed nearly no crude in 13 months, the latest data published by the Nigerian National Petroleum Corporation (NNPC) showed on Thursday. Within that time,...
The Nigerian National Petroleum Corporation (NNPC) said on Monday that it is planning to build two new 200,000 barrels per-day condensate refineries in the country. This...
The Group Managing Director (GMD) of the Nigerian National Petroleum Corporation (NNPC), Mele Kolo Kyari, Thursday, called on the Director-General of the Department of State Services,...
The Nigerian National Petroleum Corporation (NNPC) has said it recorded a total of 45,347 pipeline breaks on its downstream pipeline network between 2001 and half year...
A report by the Nigeria Extractive Industries Transparency Initiative (NEITI) has revealed that the (Nigerian National Petroleum Corporation) NNPC, is claiming that Nigeria is oweing it...
The Nigerian National Petroleum Corporation (NNPC) has released the list of winners for its Direct Sale and Direct Purchase (DSDP) contract for petroleum products for 2019/2020....
The Nigerian National Petroleum Corporation (NNPC) has said that it is unnecessary for it to pay the 60 per cent ($1.8bn) lease renewal fees, which is...
The Nigerian National Petroleum Corporation (NNPC) has announced that the Army Engineering Corps will soon begin to demolish illegal structures along the corridor of its System...
The new Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Mr. Mele Kyari, on Thursday said President Muhammadu Buhari has never asked the corporation...
Nigeria’s daily oil production has exceeded the 2.3 million barrel per day benchmark for the 2019 budget. The Group Managing Director, Nigerian National Petroleum Corporation (NNPC),...
Chevron Nigeria Limited (CNL), operator of the joint venture (JV) between the Nigerian National Petroleum Corporation (NNPC) and CNL (NNPC/CNL JV) has refuted reports of five...
President Muhammadu Buhari has announced that the Nigerian National Petroleum Corporation (NNPC) will soon commence drilling for a deeper search for oil and gas in the...
The new revenue template for revenue-generating agencies of government that came into existence last November may have exposed the alleged tardiness in accountability at the Nigerian...
The Nigerian National Petroleum Corporation (NNPC) is finding it difficult to access funds from private investors to undertake most of its oil and gas operations because...
The dust on the suspension of the Chief Justice of Nigeria, Justice Walter Onnoghen, is yet to settle. The leader of Pan Niger Delta Forum (PANDEF),...
The presidential candidate of the Peoples Democratic Party (PDP) Wednesday, expressed the seriousness he attaches to the privatisation of the Nigerian National Petroleum Corporation (NNPC) vowing...
Chief of Army Staff, Lt. General Tukur Yusuf Buratai has responded to a request urging him to provide information on spending on military operations across the...
The Petroleum Products Pricing Regulatory Agency (PPPRA) Monday, said it expected the Nigerian National Petroleum Corporation (NNPC) to declare over recovery from the importation of petrol...
Daily production of crude oil by Nigeria increased by 9 percent in 2018 to 2.09 million barrels compared to the 1.86 million barrels daily production in...
The Nigerian National Petroleum Corporation (NNPC) has said none of the country’s refineries has undergone Turn Around Maintainance (TAM) in 42 years. The Group Managing Director,...
The Buhari Media Organisation (BMO) has raised an alarm over what it claims is a grand plot by the Presidential candidate of the Peoples Democratic Party...
The Nigerian National Petroleum Corporation (NNPC) has said that Federal Government-owned refineries lost N96.34bn in the first nine months of 2018. The refineries, located in Port...
From a modest N3.9 billion trading surplus in August, the Nigerian National Petroleum Corporation (NNPC) Wednesday, announced a trading surplus of N9.85bn for the month of...
Nigerian National Petroleum Corporation (NNPC) secured oil pipelines, including their maintenance in month of November 2018 to the tune of N15.5 billion, document sighted by New...
Six months after the Trans-Ramos Pipeline was shut down, the Federal Government, Shell, Total and Nigeria Agip Oil Company Limited have lost around $1.5bn (N543bn) in...
After a ding dong affair between the Presidency, the Nigerian National Petroleum Corporation, NNPC, and the National Assembly, President Muhammadu Buhari on Wednesday said N305 billion...
Nigeria is owing international oil companies to the tune of $5.1 billion for joint venture cash calls business arrangements, the Nigerian National Petroleum Corporation, NNPC, said...
Independent Petroleum Marketers Association of Nigeria (IPMAN) has cried out over inadequate availability of petroleum products at their stations, saying their members are being sent out...
The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC) Maikanti Baru, has accused the National Assembly of being unfair to the corporation for allegeing...
The Nigerian National Petroleum Corporation (NNPC) has said its crude oil and gas export sale in August 2018 was $470 million, indicating an increase of about...
The upper chamber of the National Assembly will today (Tuesday) probe claims by the Nigerian National Petroleum Corporation (NNPC) on the rationale behind the diversion of...
The Nigerian National Petroleum Corporation (NNPC) has debunked media reports about federal government’s plan to review the pump price of petroleum products, particularly Premium Motor Spirit...
The Nigerian National Petroleum Corporation (NNPC) and some companies in the oil and gas sector of the country have failed to remit a total revenue of...
Two officials of Nigeria Security and Civil Defence Corps, NSCDC, have been arrested by members of the Inspector General of Police Special Task Force on Petroleum,...
It was wailing and gnashing of teeth on Friday in the commercial city of Aba, Abia State, as 50 persons were roasted to death in a...
The World Bank has lowered its growth forecast for Nigeria’s economy in 2018 to 1.9 percent as the growth continued to downsize in the oil and...
It started with the revelation that the worth and cash spent by the Nigerian National Petroleum Corporation (NNPC) to import Premium Motor Spirit (PMS) also known...
Nigerian workers have been subjected to hard times and difficulty in meeting basic family needs for most parts of the month as for about four times,...
The Federation Accounts Allocation Committee (FAAC) said it would soon begin to probe alleged shortfall in revenue remittance by the Federal Inland Revenue Service (FIRS). The...
To check the controversy associated with the Nigerian National Petroleum Corporation (NNPC) remittances into the Federation Account, stakeholders in the Federation Account Allocation Committee (FAAC) are...
The Nigerian National Petroleum Corporation (NNPC) said it has completed plans to raise money from the capital market to fund its new projects. The projects include...
The monthly meeting of the Federal Account and Allocation Committee (FAAC) ended in stalemate on Wednesday in Abuja for undisclosed reasons. The meeting, which was chaired...
The Emir of Kano, Muhammadu Sanusi (II), says the subsidy regime in the Nigerian National Petroleum Corporation has compromised the corporation to the extent that only...
Nine months after the Senate resolved to investigate alleged $25b contract scam in the Nigerian National Petroleum Corporation (NNPC), no positive step has so far been...
The Nigeria Labour Congress has said that it is unacceptable for the Federal Government not to make provision for petrol subsidy in the 2018 budget. It...
A downstream subsidiary of the Nigerian National Petroleum Corporation (NNPC), NNPC Retail Limited, has been directed to target 30% market share of petroleum products distribution business...
The Federation Accounts Allocation Committee meeting, which was postponed two weeks ago as a result of discrepancies in revenue presented by the Nigerian National Petroleum Corporation,...
The President will today meet Minister of State for Petroleum Resources Dr. Emmanuel Ibe Kachikwu, The Nation learnt last night. The minister has alleged that $25billion...
The Nigerian National Petroleum Corporation (NNPC) has announced its plans to completely shut down three of its four refineries in order to rehabilitate them to attain...
