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NNPC boss, Kyari says Nigerian Customs crackdown has reduced petrol smuggling

Nigeria’s National Petroleum Corporation (NNPC) has reported a significant decrease in petrol (PMS) distribution to border states.Group CEO Mele Kyari credited the Nigeria Customs...
Business

NNPC declares state of emergency on crude oil production

The Nigerian National Petroleum Company Limited (NNPC) Limited has declared a state of emergency on crude oil production in the country.The company also called...
Business

NNPC to withdraw suit on sale of ExxonMobil’s $1.28bn asset

The Nigerian National Petroleum Company Limited (NNPC) has filed a motion in the High Court of the Federal Capital Territory (FCT) in Abuja to...
Business

Dangote Refinery Announces New Date For Petrol Supply  

The President and chief executive officer (CEO) of the Refinery, Aliko Dangote, attributed the postponement to a slight delay but assured the public that...
Business

‘He Is Carrying Out His Job Diligently’- NANS President Hails Kyari After GCEO’s Conferment As Outstanding Personality Of The Year

The National Association of Nigerian Students, has conferred an award of excellence and outstanding personality of the year on the Group Chief Executive Officer...
Business

$3.3bn deal: Afrexim Bank disburses another $925 million to Nigeria

African Export-Import Bank (Afreximbank) has disbursed an additional $925 million to the federal government of Nigeria under the syndicated $3.3 billion crude oil-backed prepayment...
Business

Why Deployment Of CNG Plant Is Slow – Auto Gas Committee Chairman

The Chairman of the Auto Gas Committee of Nigeria LPG Association, Bambo Ademiluyi has explained that the reason for the slow pace in the...
Business

NNPC Ltd Bags NIMASA Compliance Certification On Ship, Port Security

The Nigerian National Petroleum Company Ltd. has reiterated its commitment to sustain the Company’s march towards process improvement, regulatory compliance and performance excellence.NNPC’s Executive...
Business

ExxonMobil-Seplat deal: NNPC, MPNU sign settlement agreement

The Nigerian National Petroleum Company (NNPC) Limited has disclosed that a settlement agreement has been signed for the divestment of ExxonMobil’s stake in Mobil...
Business

NNPC Ltd Signs Agreement With Schlumberger To Accelerate Nigeria’s Crude Oil Production Target

The NNPC Energy Services Limited (EnServ) and Schlumberger (SLB), a renowned global technology company, have signed a technical partnership agreement towards bolstering upstream operations.The...
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