FG Plans Intervention as Rising Debts Threaten NNPCL Power Plants The Federal Government says it is considering strategic interventions to address power tariff challenges affecting gas supply and payment structures at key thermal plants owned by the Nigerian National Petroleum Company Limited. This development emerged during...

The Economic and Financial Crimes Commission (EFCC) has detained Umar Isa, a former Chief Financial Officer of the Nigerian National Petroleum Company (NNPC) Limited, in connection with an alleged $7.2 billion fraud related to the rehabilitation of the Kaduna, Warri, and Port Harcourt refineries.

The Chief Corporate Communications Officer (CCCO) for the Nigerian National Petroleum Company Limited (NNPCL), Femi Soneye, has resigned his position. 

The Nigerian National Petroleum Company (NNPC Ltd) Thursday announced that it recorded revenue of N5.891trn in April 2025. 

Saudi, Nigeria $5bn Crude Agreement Stalls as Price Declines A new crude-for-loan deal between the Federal Government and Saudi Arabian oil company Aramco, worth $5bn, has stalled and is struggling to reach an agreement following the recent decline in crude prices. A report by Reuters quoting...

The Nigerian National Petroleum Company Limited (NNPCL) has urged foreign investors and international business to be cautious of scammers, who pretend to represent the firm.