The Nigerian National Petroleum Company Limited (NNPCL) has begun moves to sell stakes in some of its oil and gas assets, a new report by Reuters has revealed.

The Group Chief Executive Officer of NNPC, Bayo Ojulari, has assured Nigerians that the ongoing price competition in the downstream petroleum sector will ultimately benefit consumers.

NNPCL Achieves 36-Year Production Record with 355,000bpd Output The Nigerian National Petroleum Company’s upstream subsidiary, NNPC Exploration and Production Limited, has recorded its highest daily crude oil production in more than three decades, hitting 355,000 barrels per day on December 1, 2025. The milestone, confirmed in...

The Nigerian National Petroleum Corporation (NNPC) Limited, weekend, reported stable production and solid financial per­formance in its October 2025

The Nigerian National Petroleum Company Limited (NNPCL) has declared a profit after tax of N5.4tn for the financial year ended 2024, marking one of its strongest performances since its transition into a limited liability company.

The Presidency on Monday said that it is considering a restructure of asset ownership in the Nigerian National Petroleum Company Limited to increase dwindling crude oil production.