NNPCL Profit Jumps 91.3% to N539bn in August Despite Output Decline
The Nigerian National Petroleum Company Limited (NNPCL) has reported a sharp rise in its monthly profit, which surged by 91.3 ...
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Tag: #NNPCL
Oil Unions Reject FG’s Plan to Sell 30% Stake in NNPCL Joint Venture Assets
Two of Nigeria’s most influential oil sector unions have come out strongly against the Federal Government’s reported plans to divest ...
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NNPCL Seeks $60bn Investment to Boost Refining Capacity to 500,000 Barrels Daily
The Nigerian National Petroleum Company Limited (NNPCL) is seeking $60 billion in fresh investments to expand Nigeria’s refining capacity to ...
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NNPCL Posts N185bn Profit in July, Remits N7.9tr to Federation Account
The Nigerian National Petroleum Company Limited (NNPCL) has announced a profit after tax of ₦185 billion for July 2025, marking ...
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FG Targets $4.5bn Cost Savings in Oil Sector to Boost Investment Drive
The Federal Government, through the Nigerian National Petroleum Company Limited (NNPCL), says it is implementing aggressive cost-cutting measures aimed at ...
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Reps to Probe Multi-Billion Dollar Refinery Projects Over Alleged Fraud, Mismanagement
The House of Representatives Committee on Petroleum Resources (Downstream) has launched a comprehensive investigation into Nigeria’s troubled refinery rehabilitation projects, ...
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FG Reaffirms Commitment to Crude-for-Naira Initiative Despite Temporary Halt
FG Pledges Continuation of Crude-for-Naira Initiative to Support National Economy The Federal Government has reassured Nigerians that the Crude-for-Naira initiative ...
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Nigeria’s Crude Oil Production Increases by 36,983 bpd in August Amid Intensified Fight Against Oil Theft
Nigeria’s crude oil and condensate production saw a slight increase in August 2024, rising by 36,983 barrels per day (bpd) ...
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Business 360 News is a Business and Financial News Platform with an SMEs drive. Published by 360 Network Limited, and created with the aim of disseminating unbiased business stories to readers within and outside Nigeria, providing in-depth analysis of our stories from a critical perspective against the backdrop of realities, actualities, objectivity and balance.