Tag: NNPCL
What really happened to ₦5.9bn? SERAP drags NNPCL to Court
According to SERAP, the amount in question comprises ₦2.9 billion reportedly paid by NNPC as incorporation expenses from petroleum product…
NNPC replies Oshiomhole, says no money Is missing
The former CFO added that the company's efforts to make its financial records public were part of broader reforms to…
Senate gives NNPCL deadline to explain N210trn audit queries
Chairman of the committee, Sen. Aliyu Wadada (Nasarawa West), said that the N210 trillion in question, as contained in the…
Court orders final forfeiture of ₦3.4bn, properties linked to NNPC fraud
The forfeited properties and the funds were said to be proceeds of unlawful activities derived from three major projects awarded…
SERAP gives Senate ultimatum over missing ₦210 trillion NNPCL funds
SERAP warned that the credibility of the investigation hinges on openness, noting that the magnitude of the alleged discrepancies and…
Probe ₦5.9bn NNPC rebranding cost or face court action, SERAP tells Tinubu
If we have not heard from you by then, SERAP shall consider appropriate legal actions to compel your government and…
NNPCL increases petrol price within 24 hours
This change happened after global crude oil prices rose above $90 per barrel. PETROAN has called on Nigerian oil regulators…
Expert faults Wadada’s N210tn claim on NNPCL, says figure ‘defies economic logic’
“There is simply no operational pathway through which NUIMS could independently disburse tens or hundreds of trillions of naira outside…
NNPCL retains second spot as Africa’s top 500 firms hit record $782.8bn revenue
The top four companies kept their positions. Algeria’s Sonatrach remained number one. Nigeria’s NNPC Limited (NNPCL) stayed in second place.…
PENGASSAN: Tinubu’s executive order could weaken NNPCL, discourage investors
Osifo stressed that any executive action must align with the Petroleum Industry Act to avoid negative investor signals.
SERAP sues NNPCL over unaccounted N22.3bn, Millions in Oil Funds
SERAP argued that the alleged diversion of oil revenues reflects a broader failure of accountability and transparency at NNPCL. The…
New Rate: Transport, goods at risk as NNPCL raises fuel price
According to the company, petrol now sells for ₦835 per litre in Lagos and ₦839 per litre in Abuja. The…
NNPCL responds to market pressure, lowers petrol price by N15
Newsmen who visited filling stations across Abuja on Thursday confirmed that NNPCL has cut its pump price from N945 to…
NNPCL delivers ₦5.4 billion Profit after tax in 2024 financial report
Others include, attracting and mobilising $60 Billion in investments across all oil and gas sectors by 2030. As it also…
Import licence dispute: Dangote Refinery’s 100bn suit against NNPCL, others stalled
Dangote Refinery had through its lawyer, prayed the court to nullify import licences issued by NMDPRA to the NNPCL and…