KEY POINTS The Nigerian National Petroleum Company Limited (NNPC Ltd.) has dismissed allegations of poor performance and impropriety levelled against its management, insisting that available production figures show measurable improvements …
Bayo Ojulari
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In the News
Niger Delta Youth Leaders Back Ojulari, Urge Tinubu to Reject Calls for NNPC Leadership Change
KEY POINTS Niger Delta youth leaders have thrown their weight behind the Group Chief Executive Officer of the Nigerian National Petroleum Company Limited, Bashir Ojulari, urging President Bola Tinubu to …
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In the NewsOil & Gas
NNPC, Industry Leaders Reaffirm Commitment to African Energy Growth at SAIPEC 2026
KEY POINTS The Group Managing Director of NNPC Ltd., Mr. Bayo Ojulari, has reiterated the company’s dedication to strengthening partnerships, developing indigenous capacity, and positioning gas as a central driver …
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KEY POINTS Bayo Ojulari, Chief Executive Officer of the Nigerian National Petroleum Company, NNPC, Limited, has attributed the persistent failure of Nigeria’s state-owned refineries to an overemphasis on financing and …
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In the NewsMarketsOil & Gas
Shell Commits $20bn to Nigeria’s Energy Sector as Tinubu Backs Bonga Southwest Project
KEY POINTS Shell Plc has promised to put about $20 billion into Nigeria’s energy sector over the next few years. This shows that investors are once again confident in the …
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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 …
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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 …
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In the NewsMarketsOil & Gas
Nigeria’s NNPC E&P Hits 355,000 Barrels a Day, Its Highest Output in 36 Years
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 …
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In the NewsMarketsOil & Gas
NNPCL Posts Record N5.4 Trillion Profit as Revenue Surges on Weaker Naira
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 …
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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 …