Kemi Adeosun, minister of finance, says technically, there is no fuel subsidy — but the national oil company is currently under-recovering cost of product imports because of high prices of
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The NNPC Group closed its operations last November with the biggest monthly deficit since August 2017.
Rather being the one owing the federation, the Nigerian National Petroleum Corporation (NNPC) says the government was indebted to the corporation to the tune of N170.6 billion in outstanding subsidy payments
Crude oil export revenue by Nigerian National Petroleum Corporation (NNPC) fell sharply by one-half in November 2017 to $113.97 million.
Nigeria struggled to meet its 2017 oil production target of 2.3mbpd and missed revenue projections for the year’s budget but
Men of the Niger state command of the Nigeria Security and Civil Defence Corps (NSCDC) have seized eight trucks laden
Despite the litany of court cases surrounding the award of the juicy deepwater OPL 245, the two principal stakeholders in
The Nigerian National Petroleum Corporation (NNPC) said on Tuesday it was inching closer to finalising the financing for the major rehabilitation of
The Nigerian National Petroleum Corporation (NNPC) says it will build more depots for petroleum products across the country.
The Nigerian National Petroleum Corporation (NNPC) says it has released 250 trucks of petrol to Lagos metropolis to combat scarcity.