Petrol Price: FG, Labour To Reach An Agreement - NNPC       The price of petrol is not going to be adjusted despite the fluctuations in global crude oil prices until the Federal Government, labour and other stakeholders agree on pricing issues. Group General Manager, Group Public Affairs...

NNPC, IPMAN Caution Against Panic Buying As Fuel Queues Return       The Nigerian National Petroleum Corporation (NNPC) and the Independent Petroleum Marketers Association of Nigeria (IPMAN) have cautioned motorists against panic buying as fuel queues returned in Abuja and Lagos. The Economic Confidential gathered that many filling...

Marketers Raise Petrol Price To N170 As Depots Suffer Shortage       Fuel marketers have started adjusting their petrol pump prices amid the supply shortage facing private depots in Apapa. Our correspondent observed that some filling stations in Lagos and Ogun states increased the pump price of petrol...

NLNG Account: Reps Demand Details Of NNPC Withdrawal Of $20bn         Dissatisfied with the defence of the Nigeria National Petroleum Corporation (NNPC) over the audit query on the alleged illegal withdrawal of about $20.3 billion from the Nigerian Liquefied Natural Gas (NLNG) account at the Central...

Audit Query: NNPC, Subsidiaries Must Appear Before Us - Reps       The House of Representatives’ Committee on Public Accounts has insisted that the Group Managing Director of the Nigerian National Petroleum Corporation, Mele Kyari, and heads of 17 subsidiaries of the corporation must appear before it...

Refineries Lost N152.08bn In 15 Months Of Being Idle         The nation’s refineries lost a total of N152.08bn in 15 consecutive months of being idle, the latest data from the Nigerian National Petroleum Corporation have shown. Analysis of data collated from NNPC monthly reports revealed that all...