The Nigerian National Petroleum Corporation has dismissed claims by a senator that the pipeline explosion in Abia state that killed dozens of people was caused by...
The Nigerian senate has set up an ad hoc committee to probe a $3.5 billion “subsidy recovery fund” said to be managed by Maikanti Baru, Group...
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 Minister of State for Petroleum, Ibe Kachikwu, has said the Federal Government was working on a policy that would ensure the country refines 50 percent...
The Nigerian National Petroleum Corporation (NNPC) on Thursday said its total crude oil and gas export earnings rose to $416.07 million in June, 2018. A statement...
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...
The Nigerian National Petroleum Corporation (NNPC) has denied media reports alleging that the Nigeria Police Force (NPF) recovered $470.5 million and N8 billion of the corporation’s...
The Nigerian National Petroleum Corporation (NNPC) has said it recorded a trading surplus of ₦17.16 billion in April. In a statement on Thursday in Abuja by...
Efforts by the Nigeria Police Force to recover hidden funds of the Nigeria National Petroleum Corporation (NNPC) has paid off handsomely, as the force said it...
French oil major, Total and the Nigerian National Petroleum Corporation (NNPC) as well as their project partners will launch Egina crude at this year’s Asia Pacific...
The Federation Accounts Allocation Committee (FAAC) said the revenue reporting template for the Nigerian National Petroleum Corporation (NNPC) and other members of the revenue sharing committee...
The Nigerian National Petroleum Corporation (NNPC) has unveiled plans to set up a bunkering subsidiary to provide refueling services to ships and other ocean-going vessels. The...
The Nigerian National Petroleum Corporation (NNPC) has said it would establish two condensate refineries at Western Forcados Area and Assah North Ohaji South (ANOH) Areas of...
The Nigerian National Petroleum Corporation (NNPC) said the funding structure for the proposed Nigerian Petroleum Asset Management Company (NPAMC) in the Petroleum Industry Governance Bill (PIGB)...
The Nigerian National Petroleum Corporation (NNPC) has announced plans to relocate a brownfied refinery from Turkey to Nigeria. The refinery, which is expected to be sited...
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...
In a bid to bridge the projected medium-term gas supply gap expected by 2020, the Nigerian National Petroleum Corporation (NNPC) and Seplat Petroleum Development Company (SPDC)...
The Nigerian National Petroleum Corporation (NNPC) has called for alternative financing models for funding its Joint Venture (JV) obligations. A statement by NNPC spokesman, Ndu Ughamadu,...
The Nigerian National Petroleum Corporation, NNPC, Sunday, said it had nothing to do with the alleged planned impeachment of Senate President, Bukola Saraki. The corperation also...
Workers in the Federal and States’ civil service can now heave a sigh of relief as the Federation Accounts Allocation Committee (FAAC) finally shared N668.89 billion...
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 and the Department of Petroleum Resources might be heading for a showdown over the actual litres of refined petrol the nation...
There seems to be no end to the crisis between the Nigerian National Petroleum Corporation (NNPC) and other members of the Federation Accounts Allocation Committee (FAAC)...
In a bid to end the controversies surrounding the non-remittances of the Nigerian National Petroleum Corporation (NNPC), the House of Representatives has ordered an investigation into...
The key issue that stalled May edition of Federation Account Allocation Committee (FAAC) is yet to be resolved it emerged last night. A re- convened FAAC...
By Joseph Edgar… The beauty of democracy is choice. The freedom to choose even the road side drunk as your candidate, but thankfully I have the...
The Nigerian National Petroleum Corporation (NNPC) on Monday signed seven Critical Gas Development Projects (7CGDP) to deliver about 3.4 billion standard cubic feet of gas per...
President Muhammadu Buhari has said he would meet with the officials of the Nigerian National Petroleum Corporation (NNPC) to find a lasting to solution to the...
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 Minister of State for Petroleum Resources, Ibe Kachikwu, says President Muhammadu Buhari has never interfered in the allocation of oil blocs. Kachikwu said this on...
The Nigerian National Petroleum Corporation (NNPC) has decried the demand by state governors insisting that the corporation must remit additional N40 billion to the Federation Accounts...
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...
Gas supply to generating stations has increased after the Nigeria National Petroleum Corporation (NNPC) restored a ruptured pipeline, making power generation into national grid to rise...
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...
The Nigerian National Petroleum Corporation (NNPC) has told a Lagos based human rights lawyer, Femi Falana (SAN), that it cannot respond to his request on fuel...
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 Nigerian National Petroleum Corporation (NNPC) and the Nigerian Ports Authority (NPA) have expressed readiness to ensure seamless reception of petroleum products into the various ports...
Failure by the President Muhammadu Buhari-led administration to reform the oil and gas sector has pushed the Nigerian National Petroleum Corporation (NNPC)’s revenue loss to over...
The governors of the 36 states of the federation are canvassing a novel initiative that will see each state taking responsibility for subsidising petroleum products consumed...
It has been revealed that several revenue generating agencies in Nigeria shortchanged the government of N526 billion and $21 billion between 2010 to 2015. This was...
The Nigerian National Petroleum Corporation (NNPC) has recommended the splitting of petroleum licences into two components for prospecting and production phases under the draft Petroleum Industry...
The Nigerian National Petroleum Corporation (NNPC) Sunday said it has appointed Mallam Mele Kyari, the Group General Manager in charge of its Crude Oil Marketing Division,...
The Nigeria National Petroleum Corporation (NNPC), on Tuesday, rescinded Vice President Yemi Osinbanjo’s statement over the payment of fuel subsidy, saying the federal govoernment is responsible...
Despite the flooding of the Nigerian market with petrol by the Nigerian National Petroleum Corporation (NNPC), which has led to the sale of the product at...
The Group Managing Director of Nigeria National Petroleum Corporation (NNPC), Maikanti Baru, on Wednesday stated that the corporation would ensure zero routine flares from all the...
Just like last month, the Federation Account Allocation Committee (FAAC) on Wednesday failed to meet as scheduled to consider and approve statutory allocation for the month...
April salary of civil servants across states is under threat with Federation Account Allocation Committee (FAAC) session abruptly adjourned yesterday on account of Nigerian National Petroleum...