Paulinus Okoronkwo: Ex-NNPC GM convicted in US over $2.1m bribe, faces 10-year prison sentence
US jury finds Paulinus Okoronkwo guilty of bribery, money laundering, tax evasion. Payment disguised as legal fees to secure drilling rights in Nigeria. Faces up to 10 years in prison…
NNPC Targets November Completion for AKK Gas Pipeline After Multiple Delays
AKK gas pipeline currently 86% completed; NNPC deploys additional subcontractors to fast-track project. Mechanical completion scheduled for November 30, 2025, following successful River Niger crossing. Pipeline to deliver 2.2 billion…
Subsidy: Nigerians Ought to Pay N256/Litre of Petrol – Mele Kyari
The Group Managing Director of Nigerian National Petroleum Corporation (NNPC), Mele Kyari has said Nigerians ought to be paying a minimum of N256 per litre of petrol. Mr Kyari stated…
Group Gives Kyari 72 Hours to Resign
The Coalition of Concerned Northern Forums (CCNF) has called on the NNPC's Group Managing Director, Mallam Mele Kolo Kyari, and the Chief Executive Officer of Nigeria Midstream and Downstream Petroleum…
NNPC Behind Naira Crisis – CBN
The Central Bank of Nigeria CBN says the non-remittance of dollars to foreign reserves by the Nigeria National Petroleum Corporation (NNPC) is responsible for the naira’s free fall in the…
NNPC Refusing to Supply Fuel to South East – IPMAN
The Independent Petroleum Marketers Association of Nigeria (IPMAN) says the prevailing shortage in the supply of Premium Motor Spirit (PMS) in the South-East may not end soon because of the…
NNPCL Reacts as Fire Guts Warri Refinery
There was mild commotion at the Warri Refining and Petrochemical Company (WRPC), after fire gutted a section of the facility on Friday. Daily Report Nigeria reports that the incident was…
Dollar to Naira Exchange Rate Today: Black Market Rate Hits N1610
The dollar to naira exchange rate at the black market, also known as the parallel market (Aboki fx), has hit N1610 to buy and N1615 to sell, according to sources…
NNPC Fails to Deliver on Crude Supply Deal, Says Dangote Refinery
The Dangote Refinery, Nigeria’s largest privately-owned refinery, has accused the Nigerian National Petroleum Corporation (NNPC) of failing to meet its agreed crude oil supply obligations under the crude-for-naira arrangement. In…
Breaking: FG Approves $1.4b For Rehabilitation of Warri, Kaduna Refineries
FG Approves $1.4b For Rehabilitation of Warri, Kaduna Refineries Nigeria's federal government has approved the sum of $1.4 billion for the rehabilitation of the Warri and Kaduna refineries. The approval…