Last week, the Nigerian National Petroleum Company (NNPC) released its financial statement for the fiscal year ending December 2023, revealing a record net profit of ₦3.297 trillion. This ...

PUNCH Online earlier reported that in a statement on Monday morning, the NNPC gave a chart breakdown of the refined petrol product it bought from the refinery on Sunday, September 15. The nation ...

ABUJA (Reuters) - Nigeria's state-oil firm NNPC on Sunday said it is facing financial strain making it unable to import petrol into Africa's most populous nation, that has seen weeks-long fuel ...

Falana in a statement on Tuesday said the action of the NNPC violates Section 205 of the Petroleum Industry Act (PIA). He said, “On September 5, 2024, the Nigerian National Petroleum Corporation ...

…I would suggest that Dangote Refinery needs to find a way to further accommodate legitimate interests from other players in the market and structure a compelling win-win arrangement that will ...

Trucks started loading gasoline at the refinery, located in the outskirts of Lagos, the nation’s commercial hub, according to Femi Soneye, a spokesman for NNPC. Dangote Group posted videos ...

NNPC is a major revenue-generating agency in Nigeria, operating as the national oil company in charge of the management, sales, etc, of the country’s crude oil and gas, among other key functions.

The NNPC described the claims that it frustrated the operations of Dangote Refinery as illogical because it also holds an over 7% stake in the company. The last couple of months have seen a fever ...

Dangote refinery has described as “misleading and mischievous,” the statement by state oil firm NNPC Ltd that it is buying petrol from the refinery at N898 per litre. The spokesperson for ...

The Nigerian National Petroleum Company Limited (NNPC Ltd) has responded to a press release by the Muslim Rights Concern (MURIC), which alleged that the Dangote Refinery Limited (DRL) is being ...

Following the loading of petrol from Dangote Refinery, NNPC Limited has released new pump price across the country with additional cost for consumers. A statement by the corporation said petrol in ...