The Nigerian Senate has declared that the Nigerian National Petroleum Company Limited (NNPCL) is yet to account for a staggering N210 trillion flagged in the audit report of federal ministries, …
Petrol prices in Nigeria could rise as high as N1,000 per litre in the coming weeks, as global crude oil markets respond to escalating geopolitical tensions in the Middle East, …
The Senate of the Federal Republic of Nigeria has given the Nigerian National Petroleum Company Limited (NNPCL) a one-week ultimatum to provide clear explanations for alleged discrepancies amounting to over …
The Port Harcourt Refining Company (PHRC), a key facility in Nigeria’s oil sector, is reportedly set to undergo a 30-day maintenance exercise. While the Nigerian National Petroleum Company Limited (NNPCL) …
President Bola Ahmed Tinubu has tasked the newly inaugurated board of the Nigerian National Petroleum Company Limited (NNPCL) with the critical responsibility of using their industry experience and expertise to …
The average pump price of Premium Motor Spirit (PMS), also known as petrol, jumped by 76.73 per cent year-on-year in April 2025, reaching N1,239.33 per litre, according to data released …
The former Group Chief Executive Officer (GCEO) of the Nigerian National Petroleum Company Limited (NNPCL), Mele Kyari, is currently facing serious scrutiny over how billions of dollars meant for Nigeria’s …
There is fresh controversy surrounding Nigeria’s state-owned refineries, as industry experts and oil marketers continue to question the Nigerian National Petroleum Company Limited (NNPCL) over the poor performance of the …
The battle for dominance in Nigeria’s downstream oil sector has led to the closure of no fewer than 70 tank farms over the past two years, leaving many of these …
The Centre for Energy Development and Economic Sustainability (CEDES) has expressed concerns over the Nigerian National Petroleum Company Limited’s (NNPCL) recent shift to a Dollars-for-Crude policy, describing it as a …