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Tag "NNPC"

FACT CHECK: Is it illegal for NNPC to remit crude oil proceeds to CBN — as claimed by Atiku?

    FACT CHECK: Is it illegal for NNPC to remit crude oil proceeds to CBN — as claimed by Atiku?

Former Vice-President Abubakar Atiku recently said the federal government’s directive to the Nigerian National Petroleum Company (NNPC) for the remittance of crude oil sales proceeds to the Central Bank of

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We have no plans to increase petrol price, says NNPC

    We have no plans to increase petrol price, says NNPC

The Nigerian National Petroleum Company (NNPC) Limited says there is no imminent increase in the cost of premium motor spirit (PMS), also known as petrol. NNPC gave the assurance in

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NNPC strikes deal with CBN over revenue management, to continue transactions with banks

    NNPC strikes deal with CBN over revenue management, to continue transactions with banks

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,

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NNPC: Akpo West field has started production, to add 14k bpd to Nigeria’s output

    NNPC: Akpo West field has started production, to add 14k bpd to Nigeria’s output

The Nigerian National Petroleum Company (NNPC) Limited has announced the successful commencement of oil production from the Akpo West field, in Port Harcourt, Rivers state. According to a statement on

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Gazelle versus Naija

  Gazelle versus Naija

BY SAM OMATSEYE This has nothing to do with the slugfest in Ivory Coast, where Nigeria’s Super Eagles seem airborne.

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‘It’s illegal’ — Atiku faults FG’s decision to transfer NNPC revenue to CBN

  ‘It’s illegal’ — Atiku faults FG’s decision to transfer NNPC revenue to CBN

Atiku Abubakar, former vice-president, says the federal government’s decision to transfer the revenue of the Nigerian National Petroleum Company (NNPC)

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PHOTOS: NNPC, Daewoo meet to enhance LNG partnership

  PHOTOS: NNPC, Daewoo meet to enhance LNG partnership

Nigerian National Petroleum Company (NNPC) says Mele Kyari, its group chief executive officer (GCEO), met with Daewoo Engineering and Construction

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EXCLUSIVE: Despite claiming to have ended DSDP, NNPC swapped $755m crude in November 2023

  EXCLUSIVE: Despite claiming to have ended DSDP, NNPC swapped $755m crude in November 2023

The Nigerian National Petroleum Company (NNPC) Limited swapped 9 million barrels of oil, valued at $755.74 million under its direct

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NNPC bows to pressure, releases 2022 financial statement | N8.8trn reported as revenue

  NNPC bows to pressure, releases 2022 financial statement | N8.8trn reported as revenue

The Nigerian National Petroleum Company (NNPC) says its revenue increased to N8.81 trillion in 2022. The national oil company disclosed

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‘Interest amounts to $7bn’ — Atiku raises concern over NNPC’s $3.3bn loan deal

  ‘Interest amounts to $7bn’ — Atiku raises concern over NNPC’s $3.3bn loan deal

Atiku Abubakar has called on President Bola Tinubu-led administration to shed more light on the ‘$3.3 billion emergency loan’. Abubakar,

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