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…
Court Orders the Release of N82bn Judgment Debt to Akwa Ibom Communities
A Federal High Court in Abuja granted an absolute garnishee order on Monday, ordering the Central Bank of Nigeria to release the sum of N81.9 billion in the custody of…
INC Fumes Over NDDC, Water Resources Bill, NNPC, Others; Insists on Restructuring
The Ijaw National Congress, INC, has reiterated its calls for restructuring and resource control in Nigeria as the only route to justice, fairness and equity. The apex Ijaw body also…
NNPC Begins Drilling Oil In Nasarawa (PHOTOS)
The Nigerian National Petroleum Company Limited (NNPC) has begun drilling oil in the Ebenyi-A well located in Nasarawa State. This was made known by the Chief Executive Officer of NNPC…