Nigerian government records N14.28tn revenue deficit

The Federal Government Nigeria has recorded a revenue deficit of N14.28tn under the regime of the…

Fuel scarcity: NNPC assures Nigerians of adequate supply

Nigerian National Petroleum Company (NNPC) has assured the public of an adequate supply of petrol to…

Oil price volatility threatening Nigerian content development — NNPC

The Nigerian National Petroleum Corporation, NNPC, yesterday, expressed concern that the persisting volatility in the price…

NNPC to partner NOASDRA on oil spill mitigation

Cases of the oil spill will witness drastic reduction if the Nigerian National Petroleum Corporation (NNPC),…

FG saves $1.7bn from managed interventions for PMS importation

The Nigerian National Petroleum Corporation (NNPC), yesterday, defended its role in the importation of Premium Motor…

NNPC to explore Oil field in Benue, gets assurance on security

The Benue State government yesterday assured the management and staff of the Nigeria National Petroleum Corporation…

NNPC, Others Empower 10 SMEs with 30mn start-up capital in N-Delta

Nigerian National Petroleum Corporation, NNPC,  Belema Oil Producing Limited and Joint Venture have raised N30 million…

NPDC to raise N967bn to develop 416 million barrels of oil

The Nigerian Petroleum Development Company, is interfacing with third-party financiers to raise $3.15bn (N967.1bn at the…

FG approves posting of treasury officers to key revenue agencies

President Muhammadu Buhari has approved the posting of treasury officers from the Office of the Accountant-General of…

Oil, gas export sales grew by 20%- NNPC

The Nigerian National Petroleum Corporation on Wednesday announced that its crude oil and gas export sale…

N/A probes NNPC over ‘diverted’$1bn NLNG dividend

The National assembly has begun an investigation of the diversion of $1.05bn from the Nigerian Liquefied…

Chinese firm to secure $2.38bn for Ajaokuta-Kano pipeline project

China National Petroleum Corporation says that it will secure the financing required for the execution of…

NNPC signs $724 million oil financing deal with Schlumberger

The Nigerian National Petroleum Corporation NNPC has announced the signing of the final contractual agreement with Oil-giant,…

Fuel subsidy hits N2.4bn daily

Federal Government subsidy on fuel has risen to N2.4 billion daily in May, from N774 million…

FG may allow marketers to sell petrol above N145

The Federal Government on Tuesday hinted that independent marketers might be allowed to sell petrol above…