The Federal Government has approved the write-off of about $5bn in debts owed by the Nigerian National Petroleum Company Limited (NNPC),

NNPC Refineries Privatisation to Kick Off by Q1 - PETROAN    The Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN) has renewed its call for the privatisation of Nigeria’s four state-owned refineries, urging the Federal Government to transparently conclude the process by the first quarter...

Dangote Refinery Slashes Gantry Petrol Price to N828/Litre   The Dangote Petroleum Refinery has reduced the gantry price of its Premium Motor Spirit, PMS, also known as petrol to N828 per litre from N877 per litre, indicating a decrease of 5.6 per cent. The move comes despite...

Dangote Slams DAPPMAN, Declines NNPC Refinery Acquisition   The President of the Dangote Group, Alhaji Aliko Dangote, has rejected suggestions that he could buy one of the moribund government refineries instead of expanding the capacity of his refinery from 650,000 barrels per day to 1.4 million...

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...