The Nigerian National Petroleum Company Limited (NNPC Ltd.) reported a sharp rise in revenue and profitability in April 2026, driven by higher crude oil output and stronger operational performance.
The Nigerian National Petroleum Company Limited (NNPC) is considering an NLNG-style equity partnership that could hand Chinese investors a majority stake of about 51 per cent in the Port Harcourt and Warri refineries, as part of a broader plan to rehabilitate and commercially reposition the facilities.
Import Licence Dispute Pits Dangote Refinery Against Marketers
Dangote Refinery and fuel marketers have resumed fresh hostilities over the new import licenses the Federal Government recently granted the former to ship petroleum products outside the shores of the country.
Economic Confidential also reports that the largest...
NNPC Urged to Revive Refineries Following Dangote Snub
The National Publicity Secretary of the Independent Petroleum Marketers Association of Nigeria, Chinedu Ukadike, has tackled the Nigerian National Petroleum Company Limited over its attempt to increase its stake in the Dangote Petroleum Refinery despite the poor...
Aliko Dangote, President of the Dangote Group, says the company rejected attempts by the Nigerian National Petroleum Company Limited (NNPC) to increase its 7.25% stake in the Dangote Petroleum Refinery.
The Nigerian National Petroleum Company Limited (NNPC Ltd.) and the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) remitted over N322bn and $116.9m into the Federation Account within two months, following the implementation of Executive Order 9 signed by President Bola Tinubu in February 2026.