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Bayo Ojulari

  • In the NewsMarketsOil & Gas

    NNPCL Sets 2026 Targets as Oil and Gas Output Surges in 2025

    by Oluwatosin Racheal Alabi December 29, 2025
    by Oluwatosin Racheal Alabi December 29, 2025

    KEY POINTS Nigeria’s National Petroleum Company Limited, NNPCL, reported strong gains in 2025, with crude oil and gas production rising above expectations, officials said. Group Chief Executive Officer Bayo Ojulari …

  • In the NewsOil & Gas

    NNPC Reaffirms Peaceful Ogoniland Re-entry as FG Steps Up Dialogue and Jobs

    by Oluwatosin Racheal Alabi December 24, 2025
    by Oluwatosin Racheal Alabi December 24, 2025

    KEY POINTS Nigeria’s state energy firm has restated its commitment to peace and dialogue in Ogoniland, describing the federal government’s renewed engagement with the oil producing area as a turning …

  • In the NewsMarketsOil & Gas

    Nigeria’s NNPC E&P Hits 355,000 Barrels a Day, Its Highest Output in 36 Years

    by Oluwatosin Racheal Alabi December 10, 2025
    by Oluwatosin Racheal Alabi December 10, 2025

    KEY POINTS Nigeria’s upstream ambitions received an unexpected lift at the start of December as NNPC E&P Limited, the flagship exploration and production arm of NNPC Limited, pushed its crude …

  • In the NewsMarketsOil & Gas

    NNPCL Posts Record N5.4 Trillion Profit as Revenue Surges on Weaker Naira

    by Oluwatosin Racheal Alabi November 25, 2025
    by Oluwatosin Racheal Alabi November 25, 2025

    KEY POINTS The Nigerian National Petroleum Company Limited, NNPCL, has reported another year of sharp financial growth, declaring a profit after tax of N5.4 trillion for 2024, more than double …

  • In the NewsOil & Gas

    NNPC Faces Scrutiny as Audit Uncovers N684 Million in Irregular Contracts

    by Oluwatosin Racheal Alabi November 21, 2025
    by Oluwatosin Racheal Alabi November 21, 2025

    KEY POINTS Nigeria’s state oil company, NNPC, is again under pressure after a fresh audit by the Office of the Auditor-General of the Federation detailed more than N684 million in …

  • In the NewsMarketsOil & Gas

    Senate Orders NNPCL to Refund ₦210 Trillion as Nigerians Question Transparency in Oil Revenue

    by Oluwatosin Racheal Alabi November 12, 2025
    by Oluwatosin Racheal Alabi November 12, 2025

    KEY POINTS The Nigerian Senate has ordered the Nigerian National Petroleum Company Limited, NNPCL, to refund ₦210 trillion to the Federation Account after rejecting the company’s explanations over the unaccounted …

  • In the News

    NNPC’s Ojulari Says Oil Firm Under Attack but Reforms Will Stay the Course

    by Oluwatosin Racheal Alabi August 29, 2025
    by Oluwatosin Racheal Alabi August 29, 2025

    KEY POINTS “The Nigerian National Petroleum Company Ltd., NNPC, is facing coordinated pushback from vested interests opposed to its sweeping transformation drive,” said Bashir Bayo Ojulari, head of Nigeria’s state …

  • Oil & Gas

    Nigeria Nears Full Crude Pipeline Recovery as NNPC Eyes $60 Billion Push

    by Oluwatosin Racheal Alabi August 26, 2025
    by Oluwatosin Racheal Alabi August 26, 2025

    KEY POINTS The state oil company of Nigeria claims that it is almost ready to resume full crude flows through its export terminals and pipelines, signaling a change in a …

  • In the News

    NNPC Chief Ojulari Rejects $1.5 Million Bribery Allegations, Vows Legal Action

    by Oluwatosin Racheal Alabi August 19, 2025
    by Oluwatosin Racheal Alabi August 19, 2025

    KEY POINTS The head of Nigeria’s state oil company, NNPC, Bayo Ojulari has acted quickly to refute allegations that he paid bribes to President Bola Tinubu’s aides, calling the reports …

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