Business
FG to restructure NNPCL asset ownership amid declining crude oil production
The federal government announced on Monday, November 10, that it is considering a restructuring of asset ownership in the Nigerian National Petroleum Company ...
Business
NNPCL to raise equity stake in $20bn Dangote refinery to 20%
The Nigerian National Petroleum Company Limited (NNPCL) has announced plans to raise its equity stake in the $20 billion Dangote Petroleum Refinery to ...
Business
NNPCL generates N4.26trn revenue, remits N10.07trn to federation account
The Nigerian National Petroleum Company Limited (NNPCL) generated a revenue of ₦4.26 trillion in August 2025 and remitted a total of ₦10.07 trillion ...
Crime
Military troops destroy 39 illegal refineries in south-south Nigeria, recover 274,000 litres of crude oil
The Defence Headquarters has revealed that the troops of the Joint Task Force (JTF), Operation Delta Safe, have in the last 2 weeks ...
Business
NNPC discovers crude oil in Nasarawa
The Nigerian National Petroleum Company Limited (NNPC), on Friday, January 13, announced the discovery of crude oil in Nasarawa state. It noted that ...
Business
Nigeria’s crude oil production increases to 1.24m barrels per day
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC), on Sunday, January 8, said that the country’s crude oil production increased to 1,235,617 million barrels ...
Business
NNPCL denies exporting 17.877m barrels of crude oil, says earlier report intended to rubbish its reputation, goodwill
The Nigerian National Petroleum Company Limited (NNPCL) has denied that it exported 17.877 million barrels of crude oil without proper documentation between 2016 ...
Crime
‘Some personnel colluding with criminal elements to steal crude oil,’ Says Navy chief, Vice Admiral Awwal Gambo
The Chief of Naval Staff (CNS), Vice Admiral Awwal Gambo has hinted that some personnel are colluding with criminal elements to sabotage efforts ...
Crime
Terrorists invade newly discovered oil field in Bauchi, kill 10
Suspected terrorist groups wielding sophisticated weapons are terrorizing residents of communities around the newly discovered oil field in the Alkaleri Local Government of ...
