Senate Grills CBN, NNPCL, 40 MDAs Over Public Funds   The Senate on Wednesday resolved to summon the Central Bank of Nigeria, the Nigerian National Petroleum Company Limited and about 40 other Ministries, Departments and Agencies over their alleged failure to honour invitations to account for...

The Nigerian National Petroleum Company Limited (NNPC) has insisted it supplied all crude oil cargoes allocated under the naira-for-crude initiative to the Dangote Petroleum Refinery, denying claims of withholding.

Dangote Refinery Got 22% of June Crude From Foreign Sources   The Dangote Petroleum Refinery sourced about 78 per cent of its crude oil feedstock from the Nigerian National Petroleum Company Limited (NNPCL) and other indigenous producers between May and June 2026. Data from the refinery’s official...

NNPC Halts Crude-Backed Loans to Finance PH, Warri Refineries   The Nigerian National Petroleum Company Limited (NNPCL) has said it is ending the practice of financing the Port Harcourt and Warri refineries with loans backed by crude oil production, opting instead for a performance-driven funding model...

Dangote Refinery Disputes Claims on Seven Cargo Allocation   Officials of the Dangote Petroleum Refinery are unaware of claims that seven crude cargoes have been allocated to it in May by the Nigerian National Petroleum Company Limited (NNPCL). Senior officials at the refinery told our correspondent that,...

The Nigerian National Petroleum Company Limited (NNPC Ltd) recorded a sharp decline in revenue in January 2026, with earnings falling to N2.57 trillion from N4.82 trillion in December 2025.