NNPCL May Halt Petrol Import As Depots Price Nears N1,000/Litre The pump prices of Premium Motor Spirit, popularly known as petrol, may rise above N1,000/litre in filling stations as the cost of the commodity in some private depots has been increased to between N920 and...

NNPC Refutes $6.8bn International Oil Debt Allegation The Nigerian National Petroleum Company (NNPC) Limited says it does not owe international oil traders $6.8 billion. Reports had said the company is indebted to international oil traders to the tune of $6.8 billon and that it has not...

As part of the efforts ensure the full implementation of President Bola Ahmed Tinubu’s directive for the Nigerian National Petroleum Company Limited (NNPCL) to sell crude oil to the Dangote Refinery and other local refineries in naira, Mr. Wale Edun, the Minister of Finance and Coordinating Minister of the Economy, met with relevant stakeholders yesterday for the actualisation of the policy objective of the federal government.  

To show their support to Mele Kyari, the Managing Director of NNPC Group, acoalition of 92 Civil Society Organizations (CSOs) are urging President Bola Tinubu to oppose initiatives that they claim are meant to diminish Kyari's contributions to the Nigerian economy. 

Dangote Refinery Needs N1.7tn Worth of Crude Supply Monthly The Dangote Petroleum Refinery is going to need about N1.7tn worth of crude oil monthly following the directive of President Bola Tinubu mandating the Nigerian National Petroleum Company Limited to sell crude to the plant and...

Hunger Protests: Our Economy on the Path of Recovery - Tinubu Tells Traditional Rulers President Bola Tinubu says the nation’s economy is on a gradual but steady path of recovery and assures citizens that his administration will do more to meet their needs. In a meeting...