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.

The Nigerian National Petroleum Company Limited (NNPC Ltd.) has clarified that its new Memorandum of Understanding (MoU) with two Chinese firms is not a fresh spending commitment or contract award.

The Nigerian National Petroleum Company Limited (NNPC) reported a ₦276bn profit after tax in March 2026, more than doubling February’s earnings, despite persistent pipeline disruptions.