Nigeria’s Major Revenue Agencies Fall Short of Targets in December 2025
All of Nigeria’s major revenue-generating agencies underperformed in December 2025, falling short of their expected contributions to the Federation Account, ...
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Tag: #NNPC
NNPC Posts N385bn Profit in January as Oil Production Rises to 1.64mbpd
The Nigerian National Petroleum Company Limited reported a profit after tax of N385bn in January 2026, even as Nigeria’s crude ...
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FG Moves to Secure Crude Supply for Dangote Refinery Amid Rising Petrol Prices
The Nigerian National Petroleum Company Limited (NNPC) has begun moves to secure additional crude oil supply for the Dangote Petroleum ...
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FG Begins Implementation of Executive Order 9 on Direct Oil Revenue Remittance to FAAC
The Federal Government of Nigeria has commenced the implementation of Executive Order 9 of 2026, mandating the direct remittance of ...
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NNPC: Nigeria Needs $22 Billion to Expand Gas Pipeline Infrastructure
The Nigerian National Petroleum Company (NNPC) Limited has revealed that Nigeria requires an estimated $22 billion in fresh investment to ...
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Nigeria to Launch New “Cawthorne” Crude Grade in March to Boost Oil Output
Nigerian National Petroleum Company Limited has announced that Nigeria will begin exporting a new light, sweet crude grade called Cawthorne ...
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Dangote to Open Refinery for Public Investment Within Five Months
The President of the Dangote Group, Aliko Dangote, has announced plans to allow Nigerians to invest directly in the Dangote ...
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NNPC Remits N14.7 Trillion to FG, Posts N5.76 Trillion Profit in 2025
The Nigerian National Petroleum Company Limited (NNPC Ltd) has disclosed that it remitted N14.706 trillion in statutory payments to the ...
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NNPC Injected N13.2tn into State Refineries in Two Years Despite Mounting Losses
The Nigerian National Petroleum Company Limited (NNPC Ltd) injected an estimated N13.2 trillion into Nigeria’s three state-owned refineries in 2023 ...
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NNPC Says Nigeria Needs $22bn Pipeline Investment to Power Gas-Driven Economy
The Nigerian National Petroleum Company Limited (NNPC Ltd) has disclosed that Nigeria requires an estimated $22 billion investment in pipeline ...
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