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Tag: Nigerian National Petroleum Corporation (NNPC)

NNPC Reduces Debts to IOCs to $1.58bn, Pays Off Mobil

 Out of about $4.6 billion negotiated joint venture (JV) oil production debt Nigeria was owing International Oil Companies (IOCs), about $3.02 billion has been...

NNPC, GACN Set Framework To Expand Gas Utilisation –

AS part of efforts to boost the economic strength of the SouthEast, the Nigerian National Petroleum Corporation (NNPC) and the Gas Aggregation Company of...

NNPC Lost Over N20bn in 2019, Says  Audit Report

The Nigerian National Petroleum Corporation (NNPC) recorded a loss of N20.2 billion in 2019, according to the state-owned firm’s latest audited annual financial statement. Details...

Update: 23 Burnt to Death in Lokoja Tanker Explosion

By Olawale Ibrahim, Lokoja No fewer than 23 persons lost their lives in the early hour of the day in a multiple auto- crash that...

ActionAid Nigeria Condemns Increase Fuel Price

By Olawale Ibrahim, Lokoja The Country Director,  ActionAid Nigeria, Ene Obi has expressed disappointment over the recent increase in fuel price by the Nigerian National...

Petrol Price Increases To N151.56/litre, Says  PPMC

The price of petrol has been increased to N151.56 per litre, according to Pipelines and Product Marketing Company (PPMC), a subsidiary of the Nigerian...

PPMC Fixes Price of Petrol at N138.62/ Litre

The downstream subsidiary of Nigerian National Petroleum Corporation (NNPC), Petroleum Products Marketing Company (PPMC), has fixed the ex-depot price of premium motor spirit (PMS),...

UBA Provides $200m for Nigeria’s Petroleum Industry

United Bank for Africa Plc (UBA), the leading pan-African financial services group, has acted as the lead arranger of a consortium of Nigerian commercial...

Alleged $9.8m fraud: You Can’t Question Me on Case Not Before...

Former Group Managing Director (GMD), Nigerian National Petroleum Corporation (NNPC), Andrew Yakubu, on Wednesday, told the Economic and Financial Crimes Commission (EFCC) that it...

AKK Gas Pipeline Project To Revive Moribund Industries In Kogi, Other...

President Muhammadu Buhari on Tuesday affirmed the Nigerian government's commitment to ensure timely delivery of the landmark Ajaokuta-Kaduna-Kano Gas (AKK) pipeline project within budgetary...
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