NNPC Has Option to Increase Stake in Dangote - Aliko   The President of the Dangote Group, Alhaji Aliko Dangote, has said the Nigerian National Petroleum Company Limited (NNPCL) has the opportunity to increase its 7.2 per cent stake in the Dangote refinery. However, Dangote said this...

NNPC Records N380bn Revenue Loss in September   The Nigerian National Petroleum Company Limited (NNPCL) has suffered a drop in both production and earnings, losing about N380bn in September 2025 when compared to the previous month, according to its latest monthly performance report. Figures from the September...

Marketers Demand NNPC Settle N25bn Equalisation Funds   The Independent Petroleum Marketers Association of Nigeria (IPMAN) has asked the Nigerian National Petroleum Company Limited to pay the long-held petroleum equalisation funds owed to its members. The marketers also urged the NNPC Group Chief Executive Officer, Bayo Ojulari,...

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC), on Monday, signed a production sharing contract (PSC) with TotalEnergies and South Atlantic Petroleum (Sapetro) for petroleum prospecting licences (PPL) 2000 and 2001.

The Nigerian National Petroleum Company Limited (NNPCL) generated N20.9tn between April and July 2025.

NNPC Laments Delay in Tapping Oil Reserves   The Group Chief Executive Officer of the Nigerian National Petroleum Company Limited (NNPC) Bayo Ojulari, has warned that Nigeria must urgently turn its oil reserves into production, saying crude in the ground holds no value until it is...