The Nigerian National Petroleum Corporation (NNPC) said that parts of the $12.9 billion dividends it received from the Nigeria Liquefied Natural Gas (NLNG) Ltd are now captured in the Treasury Single Account stationed at Central Bank of Nigeria The Corporation responded to some enquiries made...

... Stakeholders Seek Investigation Into Unremitted Funds The Nigerian National Petroleum Corporation and AGIP have been fingered in non-remittance of more tha $14 billion to the federation account. This is just as Stakeholders in the extractive sector have called on the Economic and Financial Crimes Commission (EFCC)...

The Nigerian National Petroleum Corporation (NNPC) said it paid N56.22 billion into the Federation Account in April, 2016. This is contained in the corporation’s Monthly Financial Report released in Abuja. “NNPC transferred N56.22 billion to the Federation Account for the month of April being proceeds from...

Nigeria earned N1.052 trillion from the export of crude oil, gas and other petroleum products in three months, between January and March 2016, according to data released by the National Bureau of Statistics, NBS. NBS, in its Foreign Trade Statistics for the First Quarter of...

The Nigerian National Petroleum Corporation lost N19.43bn in the month of April, as the country’s crude oil production dropped from 59.27 million barrels recorded in February to 57.43 million barrels in March. In its latest financial and operations report released on Wednesday, the NNPC also...

A former Group Managing Director of the Nigerian National Petroleum Corporation, Mr. Mohammed Barkindo, has emerged as the Secretary-General of the Organisation of Petroleum Exporting Countries. Two OPEC delegates said Nigerian candidate Barkindo was chosen to be OPEC’s new secretary-general on Thursday in Vienna at...