Tag: NNPCL

Dangote Refinery Gives Nigeria Energy Lifeline — NNPCL CEO

Dangote refinery stabilises Nigeria fuel supply amid NNPC refinery struggles Bayo Ojulari says local refinery offers breathing space for energy security NNPC signals shift from rivalry to collaboration with Dangote…

Sodiq Olaitan

NNPCL Cuts Petrol Price Again, Reduces Pump Rate to ₦815 Per Litre

NNPCL has reduced petrol pump price to ₦815 per litre, reflecting a ₦20 cut nationwide. The price adjustment has taken effect at NNPCL filling stations in Abuja and adjoining areas.…

Sodiq Olaitan

NNPC Posts ₦502bn Profit, Cuts Petrol Price Below ₦800/Litre

NNPC Ltd recorded ₦502bn profit in November 2025, generating ₦4.36tn revenue despite lower crude output. Gas production and trading gains sustained profitability as crude output averaged 1.36mbpd. Petrol prices dropped…

Sodiq Olaitan

NNPCL Posts ₦502bn Profit in November Despite Decline in Crude Output

NNPCL records ₦502bn profit after tax in November 2025 amid lower crude oil production. Gas production, trading performance, and full pipeline availability boost revenue to ₦4.36tn. Statutory remittances to Federation…

Sodiq Olaitan

NNPC Investigates Explosion on Escravos–Lagos Gas Pipeline in Delta

An explosion occurred on the Escravos–Lagos Pipeline, affecting Tebijor, Okpele, and Ikpopo communities in Gbaramatu Kingdom, Delta State. The cause of the explosion is unknown, but initial reports indicate a…

Sodiq Olaitan

NNPCL’s N5.4trn Profit Shows PIA Gains — Ojulari

NNPCL’s 2024 profit hits N5.4trn, driven by improved operations and PIA reforms. GCEO Ojulari says earnings reflect transparency and renewed financial discipline. Company has consistently published monthly financial records since…

Sodiq Olaitan

BREAKING: NNPCL Cuts Fuel Price as Dangote Refinery, Depot Owners Slash Rates

NNPCL reduces PMS pump price to ₦930 per litre, down from ₦945. Price cuts follow Dangote Refinery and major depots lowering ex-depot rates by at least ₦10. Private stations also…

Sodiq Olaitan

NNPCL Slashes Petrol Price as Dangote Refinery Supply Stabilises

NNPCL reduces pump price by ₦10 following supply recovery. Retail outlets in Abuja adjust to ₦945 per litre. Dangote Refinery regains steady flow after two-week supply glitch. The Nigerian National…

Sodiq Olaitan

NNPCL Releases Fresh Update on Port Harcourt, Warri, Kaduna Refineries

NNPCL reveals that some refineries is set to enter next phase of selecting technical partners for full rehabilitation. Ojulari reaffirms commitment to sustainable refinery operations and transparency. NNPCL says review…

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Senate Probes NNPCL Over ₦210 Trillion Audit Queries; Company Seeks Extension

NNPCL requests more time to respond to 19 audit queries spanning ₦210 trillion. Senate Public Accounts Committee reviews financial discrepancies from 2017–2023. Clarity sought on crude production costs, revenue split,…

Sodiq Olaitan