The Federal Government, through the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), raked in N5.21tn from the sale of crude oil.

The pump price of petrol has surged again to N955 per litre in parts of the country, including the Federal Capital Territory (FCT).

NNPCL Controversy: Arewa Economic Forum Raises Alarm as EFCC, DSS Refute Claims The Arewa Economic Forum (AEF) has called on the Federal Government to provide an official clarification regarding reports that the Group Chief Executive Officer of the Nigerian National Petroleum Company Limited (NNPCL), Mr....

Purported Resignation: Who are after NNPC Boss Bashir Ojulari? A cloud of uncertainty hangs over the Nigerian National Petroleum Company Limited (NNPCL) following conflicting reports about the status of its recently appointed Group Chief Executive Officer (GCEO), Bayo Ojulari. While some claim he has resigned,...

NNPCL Rules Out Sale Of P’Harcourt Refinery The Nigerian National Petroleum Company Limited has declared that the Port Harcourt Refining Company is not for sale and also confirmed its intention to raise additional funding to complete the rehabilitation of PHRC and the other two refineries...

Senate Gives NNPC Three Weeks to Respond to N210tn Audit Query The Senate on Tuesday gave the Group Chief Executive Officer of the Nigerian National Petroleum Company Limited, Bayo Ojulari, three weeks to respond to queries raised in audit reports covering the period from 2017...