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Tag "NNPC"

NNPC: We’re back to subsidy regime… N145/litre of petrol is unsustainable

    NNPC: We’re back to subsidy regime… N145/litre of petrol is unsustainable

The Nigerian National Petroleum Corporation (NNPC) says the country is back to the subsidy regime, as major importers have refused import fuel despite the availability of foreign exchange.  Speaking in

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Nigeria cuts oil prices ‘by at least $1’ to boost sales

    Nigeria cuts oil prices ‘by at least $1’ to boost sales

The Nigeria National Petroleum Corporation (NNPC) has cut the price of every variant of its crude oil by at least $1 a barrel in a bid to boost sales and

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Attah: Incentives in NLNG Act attracted investors even when Nigeria was a pariah state

    Attah: Incentives in NLNG Act attracted investors even when Nigeria was a pariah state

Tony Attah, managing director of Nigeria Liquefied Natural Gas Limited (NLNG), says the Act establishing the company, its shareholding and its governance structure are key factors responsible for NLNG’s success

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NNPC inaugurates 4 petrol storage tanks at Mosinmi depot

    NNPC inaugurates 4 petrol storage tanks at Mosinmi depot

The Nigerian National Petroleum Corporation (NNPC) on Tuesday inaugurated four petrol storage tanks at Monsinmi depot in Ogun state to ease product distribution and operational constraints. Inaugurating the project, Maikanti

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Niger Delta group vows to bomb NNPC Towers if Patience Jonathan is arrested

  Niger Delta group vows to bomb NNPC Towers if Patience Jonathan is arrested

The Niger Delta Peoples Professional Volunteer Force (NDPPVF), a group which says its members are workers in the oil and

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MAN begs Buhari to to save money by selling the refineries

  MAN begs Buhari to to save money by selling the refineries

Frank Jacobs, president of the Manufacturers Association of Nigeria (MAN), says the President Muhammadu Buhari-led administration should privatise national refineries

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Ex-NNPC GMDs may be out to destroy Buhari’s govt, says senate spokesman

  Ex-NNPC GMDs may be out to destroy Buhari’s govt, says senate spokesman

Sabi Abdullahi, chairman, senate committee on media and publicity, says it is possible that former group managing directors (GMDs) of

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YOUR SAY: Should Buhari hike fuel price or give fresh fuel-forex subsidy?

  YOUR SAY: Should Buhari hike fuel price or give fresh fuel-forex subsidy?

Nigeria is back to the point we envisaged three months ago, the point where we would be discussing a new

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$309 million flows into Nigeria’s forex market in one trading day

  $309 million flows into Nigeria’s forex market in one trading day

The Nigerian foreign exchange market recorded an inflow of $309 million on Monday — a considerable surge from Friday’s transactions. Bola

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Naira crosses 400/$ mark at parallel market after FX ban on 9 banks

  Naira crosses 400/$ mark at parallel market after FX ban on 9 banks

The naira crossed the 400-per-dollar mark on Wednesday to trade at 402 to the foreign currency at the parallel market.

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