The Nigerian National Petroleum Company (NNPC) Limited has reported a sharp decline in oil revenues in June, falling to the lowest point in three months as global crude prices remain unstable.

Nigeria’s total public debt could rise to N160.6 trillion by the end of 2025, raising new concerns about the country’s deepening fiscal vulnerabilities.

Nigeria’s Crude Output Surpasses OPEC Quota in June - NNPCL  Nigeria’s average daily crude oil production in June 2025 exceeded the limit set by the Organisation of the Petroleum Exporting Countries (OPEC), marking a significant boost in the nation’s oil output For the second time in...

Oil marketers and industry stakeholders have thrown their weight behind the proposed sale of Nigeria’s refineries under the management of the Nigerian National Petroleum Company Limited.

The group chief executive officer (CEO) of the Nigerian National Petroleum Company (NNPC) Limited, Bayo Ojulari, says it is becoming a ‘bit more’ complicated to revamp state-owned refineries. 

Senate Summons NNPC Boss Over Alleged N210trn Missing Funds   The Senate on Thursday ordered the Group Chief Executive Officer of the Nigerian National Petroleum Company Limited (NNPCL) Bayo Ojulari, to appear before its Public Accounts Committee over unresolved financial infractions amounting to N210tn. The lawmakers expressed...