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FG Pays $600m Monthly to Import Fuel – Finance Minister, Wale Edun
Business

NNPCL to Undergo Forensic Audit as Govt Targets 7% Growth

Minister of Finance, Wale Edun, announces forensic audit of NNPCL soon. Edun reveals this at the Nigerian Investor Forum in Washington DC. The...

Dangote Refinery Gulps 13% of Nigeria Crude Exports – Report
Business

NNPCL Sells N336bn Crude in Q1 2025, Dangote Refinery Takes Lion’s Share Amid SEEPCO Labour Dispute

NNPCL earned N336.37bn from crude oil sales in Q1 2025, with over N107bn worth of crude supplied to the Dangote Refinery. This is...

NNPCL to Hand Over Nigerian Refineries to Private Firms
Business

NNPCL Set to Sell Shares, Begins Preparation for Listing on Capital Market

The Nigerian National Petroleum Company Limited (NNPCL) is preparing to list its shares on the capital market. The company is engaging with prospective...

PETROAN Lauds NMDPRA Over Gas Distribution Licences
Business

PETROAN Commends FG, NNPCL for Successful Revamp of Port Harcourt Refinery

PETROAN has commended the Nigerian government and the NNPCL for successfully running the revamped Port Harcourt Refinery for 180 consecutive days. The refinery,...

Dangote Refinery Gulps 13% of Nigeria Crude Exports – Report
Business

Dangote Refinery Suspends Sale of Petrol in Naira

Dangote refinery stops sales of petroleum products in Naira, reverts to dollars. The refinery says untill NNPCL starts crude oil supply in Naira,...

NNPCL to Hand Over Nigerian Refineries to Private Firms
Business

NNPCL Refutes Ending Naira-for-Crude Deal with Dangote Refinery

NNPCL has denied reports that it terminated its naira-for-crude sale deal with Dangote Refinery. The deal, which commenced in October, was a six-month...

NNPCL to Hand Over Nigerian Refineries to Private Firms
Business

NNPC Signs Gas Supply Agreement with Ssonic Petroleum for LNG Plant

NNPC has signed a Gas Sale and Purchase Agreement (GSPA) with Ssonic Petroleum Ltd.  The agreement involves the supply of 80 million standard...

Subsidy Removal: Marketers Beg Tinubu, NNPCL to Revive Refineries
Business

FG Moves to Pay N7.7trillion Fuel Subsidy Debts To NNPCL

The Nigerian government has confirmed plans to pay N7.74 trillion in fuel subsidy debts to the Nigerian National Petroleum Company Limited (NNPCL). The...

NNPCL to Hand Over Nigerian Refineries to Private Firms
Business

NNPCL Debunks Claim of Inferior Fuel Quality

NNPCL has debunked claims that its premium motor spirit (PMS) does not last as long as the one from Dangote Refinery. A viral...

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