Auditor-General Uncovers N61.1bn Financial Irregularities Linked to NNPCL
The Office of the Auditor-General for the Federation has identified 28 major financial irregularities linked to the Nigerian National Petroleum ...
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Tag: #NNPCL
NNPCL Urges NUPRC to Deepen Investment Facilitation for Deepwater Projects
The Nigerian National Petroleum Company Limited (NNPCL) has urged the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) to strengthen its investment ...
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NNPCL Raises Petrol Price to ₦992 per Litre
The Nigerian National Petroleum Company Limited (NNPCL) has increased the pump price of Premium Motor Spirit (PMS), also known as ...
Read moreNNPCL 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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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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