The Minister of Finance and Coordinating Minister of the Economy, Wale Edun has said the Nigerian National Petroleum Company (NNPC) Limited has commenced the repayment of...
The Federal Government of Nigeria has said that once the Ubeta gas field is fully operational, it will produce 350 million standard cubic feet of gas...
Hopes for cheaper Premium Motor Spirit (PM), otherwise known as petrol, rose, last night, as indications emerged that the product may sell for between N857 and...
The Nigerian National Petroleum Company (NNPC) Limited has once again increased the price of Premium Motor Spirit (PMS) from N855 per litre on Tuesday to N897...
The long-awaited launch of the Port Harcourt refinery has been postponed once again, making it the sixth delay for a project that was initially scheduled to...
The Nigerian National Petroleum Company Limited (NNPC Ltd) has made a significant addition to the global oil market with the introduction of a new crude oil...
The Nigerian National Petroleum Company (NNPC) is exploring the option of securing a $2 billion loan using crude oil pre-payments as collateral. Mele Kyari, the group’s...
The Nigerian National Petroleum Company Limited (NNPC Ltd) declared a state of emergency on the nation’s crude oil output. The announcement was made by the Group...
The Nigerian National Petroleum Company Limited (NNPC) has firmly denied allegations that it inflated the subsidy on Premium Motor Spirit (PMS), commonly known as petrol, by...
A forensic audit conducted by global accounting firm KPMG has uncovered a N3.3 trillion discrepancy in the fuel subsidy claims made by the Nigerian National Petroleum...