Africa’s richest man, Aliko Dangote, has raised the alarm over the continent’s growing reliance on cheap, toxic petroleum imports — accusing foreign suppliers of dumping […]
Tag: NNPC
NNPC Declares N905bn Profit in June, Remits N6.96tn to FG in Five Months
The Nigerian National Petroleum Company Limited (NNPC Ltd.) has reported a profit after tax of N905 billion for the month of June 2025, alongside a […]
NNPC Slashes Petrol Price to ₦865–₦895 as Market Competition Heats Up
The Nigerian National Petroleum Company (NNPC) Limited has reduced petrol prices at its retail outlets, with fuel now selling for ₦865 per litre in Lagos […]
Refinery Scandal: Tinubu Under Fire as NNPC Considers Selling Non-Functional Refineries After $18bn Investment
President Bola Tinubu’s administration came under fire over the weekend after the Nigerian National Petroleum Company Limited (NNPCL) admitted that Nigeria’s state-owned refineries in Port […]
NNPC & Dangote Refinery Forge New Era of Collaboration After Price War
After months of heated rivalry and public disagreements, Nigeria’s top oil refiners—NNPC Limited and Dangote Petroleum Refinery & Petrochemicals—have agreed to put their differences behind […]
Tinubu Overhauls NNPC Board, Appoints New Leadership to Boost Oil and Gas Sector
In a significant move to reshape Nigeria’s oil and gas sector, President Bola Ahmed Tinubu has restructured the board of the Nigerian National Petroleum Company […]
Fuel Comparison Video Sparks Long Queues at MRS Stations Across Lagos
Long queues emerged at MRS petrol stations across Lagos following a viral video comparing fuel from MRS and Nigerian National Petroleum Company Limited (NNPCL). The […]
NNPC Shuts Down Warri Refinery for Routine Maintenance, Denies Explosion Reports
Barely a month after announcing the commencement of operations at the 125,000 barrels-per-day (bpd) Warri Refinery, the Nigerian National Petroleum Company Limited (NNPCL) has confirmed […]
Federal High Court Reserves Ruling on NNPCL’s Objection to Dangote Refinery’s Suit
The Federal High Court in Abuja has scheduled March 18, 2025, to deliver a ruling on the preliminary objection filed by the Nigeria National Petroleum […]
NNPC Uncovers 179 Oil Theft Incidents in One Week, Vows to Sustain Crackdown
The Nigerian National Petroleum Company Limited (NNPC) has reported 179 cases of crude oil theft across the Niger Delta between January 11 and 17, 2025. […]