President Muhammadu Buhari on Tuesday unveiled the new Nigerian National Petroleum Company ( NNPC) Limited, a landmark event that officially changes the oil firm from a wholly state-run entity to a …
NNPC
The Nigerian National Petroleum Company (NNPC) Limited has approved a new pump price after weeks of promises that it will retain N165. NNPC, in a notice to fuel marketers, directed …
The Nigerian National Petroleum Company (NNPC) Limited has won a court decision temporarily blocking Exxon Mobil Corporation from selling assets in Nigeria to Seplat Energy Plc. A judge in Abuja …
Five international oil companies operating in Nigeria’s oil and gas sector are to remit an outstanding balance of about N400bn to the Federation Government through the Nigerian National Petroleum Company …
The Nigerian National Petroleum Company (NNPC) Limited has revealed that the citizens consumed 966.58 million litres of petrol in two weeks. In the latest Premium Motor Spirit (PMS) distribution data …
Latest updates on Nigeria’s cash call arrears repayment showed that the country had so far repaid a total of $3.72bn to five international oil firms, leaving an outstanding balance of …
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Switzerland Firms involved in massive bribery of NNPC, officials pleads guilty
Glencore International A.G. and Glencore Ltd., both multi-national commodity trading and mining Switzerland Firms involved in massive bribery of officials of Nigeria’s state-owned oil company are reportedly pleading guilty and agreed …