Tag: NNPC.
NNPC Ltd welcomes Tinubu’s removal of fuel subsidy
Kyari said the removal of the subsidy, which had been a burden on NNPC’s cash flow, would free up funds…
Mischief makers and their failed campaign of calumny against NNPC, officials
The President-elect, Bola Ahmed Tinubu is also not in a hurry to 'sack' political office holders neither is he running…
Sen. Ararume sues FG over removal as NNPC Chair
The News Agency of Nigeria, (NAN) reports that the suit marked, FHC/ABJ/CS/691/2022 was instituted on Ararume’s behalf by a group…
NNPC posts N674 billion profit
The profit represented a growth of 134.84 per cent when compared with N287 billion profit in 2020 which was recorded…
What to know about the Nigeria-Morocco Gas Pipeline Project
Nigeria has joined other countries that constructed cross-country pipelines. It is a source of power and influence in the comity…
Increase in fuel price not from government – NNPC
The Federal Government says it has not removed subsidies on the Premium Motor Spirit (PMS), otherwise known as fuel.
Nigerian lawmakers begin massive probe of NNPC’s contracts in last 32 years
Just a day after the Nigerian National Petroleum Corporation transformed into the Nigerian National Petroleum Company Limited, the House of…
Buhari unveils new NNPC, says company will guarantee national energy security
At the event, which featured a Special rendition of the Theme Song ''Energy for today, Energy for tomorrow, Energy for…
Exxon Mobil, Shell pursue $2.67 billion claim against NNPC in U.S.
The dispute arose from a 1993 contract for Esso Exploration and Production Nigeria Ltd and Shell Nigeria Exploration and Production…
NNPC begins operation as limited liability entity July 1
The new company would become operational with the transfer of verified assets from the Corporation to the NNPC Ltd. by…
NNPC says AKK Pipeline project will deliver gas in 2023 Q1
Kyari who was accompanied by other members of his Management Team, stated that as a result of activities around the…
Did Dangote Refinery defraud Nigeria by selling 20% stake to NNPC at $2.76B?
Some Nigerians openly charged that the deal was fraudulent and that the NNPC overpaid for the 20 percent value of…
NNPC announces N37.5bn trading surplus
Details of the figures contained in the September 2021 NNPC Monthly Financial and Operations Report (MFOR) indicate that the rise…
Petrol scarcity: NNPC begins 24-hour loading of trucks at depots
The NNPC, Group Managing Director, Malam Mele Kyari, made this known to journalists in Abuja on Wednesday shortly after a…
Omokore denies buying cars, houses for Diezani, NNPC chiefs
Omokore, the first defendant spoke while giving evidence at the resumed hearing of the $1.6 billion fraudulent oil deal.