Legal
NNPC lawyers stage walkout in suit challenging sack of Ifeanyi Araraume as company’s board chairman
There was drama on Monday, January 23, at a federal high court, Abuja, in the suit challenging the sack of Ifeanyi Araraume as the ...
Business
Senate summons NNPC boss, Mele Kyari over N48bn pipeline surveillance contract awarded to Tompolo
The senate committee on ethics, privileges and public petitions has summoned the group chief executive officer (CEO) of the Nigerian National Petroleum Company ...
Business
Fuel scarcity worsens as petrol price increases to N300 per litre nationwide
The scarcity of Premium Motor Spirit (PMS), popularly known as petrol, grew worse across the country on Thursday, January 19, as massive queues ...
Business
FG approves NNPC’s request to invest N1.9trn on reconstruction of 44 roads nationwide
The federal government has approved the recommendation for the Nigerian National Petroleum Company Limited (NNPC) to invest N1.9 trillion in the reconstruction of ...
Business
FAAC accuses NNPC of using unofficial exchange rate for crude oil revenue since 2015
The Federation Account Allocation Committee (FAAC) has accused the Nigerian National Petroleum Company Limited (NNPC) of using an exchange rate lower than the ...
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 ...
Legal
NNPC ex-chairman, Ifeanyi Araraume’s N100bn suit against Buhari stalls as company fails to file counter affidavit
A suit challenging the sack of Ifeanyi Araraume as the board chairman of the Nigerian National Petroleum Company Limited (NNPC) has stalled at ...
Business
FG acquires shares in four oil refineries operating across the nation
The federal government, on Monday, January 9, said that it has acquired shares in four oil refineries operating in various locations across the ...
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
Buhari promises to support Burundi with fuel supply amid petrol scarcity nationwide
President Muhammadu Buhari has said that Nigeria will support the Republic of Burundi to deal with its fuel shortage issues in the “spirit ...