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NNPC

Petrol Price Can’t Drop As Low As ₦300/Litre- Major Marketers

A section of oil marketers have refuted claims by reports doing the rounds, that local refining of crude oil could force the pump price of petrol, to drop as low as ₦300 per litre. Oil marketers under the aegis of…

Oil Marketers Convene Meeting to Tackle Fuel Scarcity

Amidst the deepening fuel scarcity crisis nationwide, the Independent Petroleum Marketers Association of Nigeria (IPMAN) has announced plans to hold an official meeting of its National Executive Council on Monday to address the pressing issue. In an exclusive interview on…

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JUST IN: CBN, NNPC set limits for management of oil firm’s revenue

The Nigerian National Petroleum Company (NNPC) Limited and the Central Bank of Nigeria (CBN) have set limits for the management of the oil firm’s revenue. In a statement on Thursday, Olufemi Soneye, NNPC chief corporate communications officer, said the limit…

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Tinubu’s administration owes Nigerians an explanation for the NNPC $3.3bn emergency loan – Atiku

The Presidential candidate of the People’s Democratic Party in the 2023 General Election, Alhaji Atiku Abubakar has said that administration of President Bola Tinubu owes Nigerians an explanation for the NNPC $3.3bn loan. Stating this on X handle otherwise known…

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Tinubu Inaugurates NNPCL Board

President Bola Tinubu on Monday officially inaugurated the Board of Directors for the Nigerian National Petroleum Company Ltd. (NNPCL) at the presidential villa in Abuja. The board’s primary objective is to drive the nation’s oil production to a significant milestone…

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Senate Gives NNPC, NUPRC Boss 24 Hours To Appear For Budget Defense

The Senate Committee on Public Accounts raised concern on Tuesday about the impunity with which the management of the Nigeria Ports Authority (NPA) has serially snubbed invitations to answer queries on the missing $1 billion reflected in the report of…