nnpc

33 Articles
Metro

Rising US Iran Tensions Push Nigeria Petrol Prices Above N1,000 Per Litre

Nigeria’s downstream petroleum sector faces renewed pressure as experts warn crude oil prices could reach $130 per barrel if tensions between the United...

Economy

Gas Shortage Behind Nigeria Lingering Power Outages, System Operator Says

Nigeria lingering power outages are primarily the result of inadequate gas supply to thermal power plants, the Nigerian Independent System Operator announced on...

Economy

Olisa Agbakoba Hails Executive Order 10 as Landmark Fiscal Reform for Nigeria

Former Nigerian Bar Association President, Olisa Agbakoba, has praised Executive Order 10 as the most significant fiscal reform in decades, describing it as...

Economy

NNPC Spent N13.2tn on State Refineries Despite Mounting Losses

The Nigerian National Petroleum Company Limited injected an estimated N13.2 trillion into the country’s three state owned refineries between 2023 and 2024, despite...

Economy

NNPC Plans Equity Partnerships to Revive State Refineries as Dangote Offers Supply Relief

Nigeria’s long troubled state owned refineries with a combined capacity of 445000 barrels per day may be headed for a reset as the...

Economy

Nigerians Face Steep Petrol Price Hikes as Retail Rates Outpace Crude Oil Increases

Nigerians are grappling with sharp increases in petrol prices, as marketers have raised pump prices far above the corresponding rise in international crude...

Politics

Atiku’s Spokesperson Clarifies Remarks on NNPC, Calls “Sale to Friends” Comment a Joke

Paul Ibe, spokesperson for former Vice President Atiku Abubakar, has clarified that remarks attributed to Atiku about selling the Nigerian National Petroleum Corporation...

Economy

Dangote Refinery Moves to 24-Hour Operations, Boosts Nigeria’s Fuel Supply

The Dangote Petroleum Refinery has commenced round-the-clock loading operations as it strengthens efforts to sustain a daily supply of more than 50 million...

Economy

Crude Oil Surge May Push Petrol and sel Prices Higher in Nigeria

Fuel consumers in Nigeria may soon face higher pump prices as global crude oil prices climb above $66 per barrel, with industry experts...

World

Exploring Tinubu’s Influence: The Politics of Nigeria’s Current Administration

President Bola Tinubu's administration has been marked by significant political developments that underscore his influence over Nigeria's current political landscape. Since assuming office...