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NNPCL

  • In the NewsMarketsOil & Gas

    Dangote Refinery Denies Seven-Cargo Crude Allocation

    by Oluwatosin Racheal Alabi April 3, 2026
    by Oluwatosin Racheal Alabi April 3, 2026

    KEY POINTS Officials of the Dangote Petroleum Refinery have denied reports that the Nigerian National Petroleum Company Limited allocated seven crude oil cargoes to the facility for May, stating that …

  • In the News

    NNPCL’s Stake in Dangote Refinery Defended as Strategic for National Interest

    by Oluwatosin Racheal Alabi February 27, 2026
    by Oluwatosin Racheal Alabi February 27, 2026

    KEY POINTS The deputy spokesperson of the House of Representatives, Philip Agbese, has defended the Nigerian National Petroleum Company Limited’s, NNPCL, 7.25 percent equity in the Dangote Refinery. He described …

  • In the NewsMarkets

    Nigerians to Access Dangote Refinery Shares Within Five Months

    by Oluwatosin Racheal Alabi February 23, 2026
    by Oluwatosin Racheal Alabi February 23, 2026

    KEY POINTS Aliko Dangote, president of Dangote Group, has announced that Nigerians will soon be able to buy shares in the Dangote Petroleum Refinery, revealing that the opportunity is expected …

  • In the NewsOil & Gas

    SERAP Drags NNPCL to Court Over Alleged Failure to Account for N22.3bn

    by Ikeoluwa Juliana Ogungbangbe February 2, 2026
    by Ikeoluwa Juliana Ogungbangbe February 2, 2026

    KEY POINTS The Socio-Economic Rights and Accountability Project, SERAP, has filed a lawsuit against the Nigerian National Petroleum Company Limited, NNPCL, over its alleged failure to account for N22.3 billion, …

  • In the NewsMarketsOil & Gas

    PETROAN Presses Government for Clear Refinery Restart Timeline After $4bn Spend

    by Oluwatosin Racheal Alabi January 22, 2026
    by Oluwatosin Racheal Alabi January 22, 2026

    KEY POINTS The Petroleum Products Retail Outlets Owners Association of Nigeria, PETROAN, has asked the Federal Government and the Nigerian National Petroleum Company Limited to make a clear and realistic …

  • In the NewsOil & Gas

    NNPCL Faces Mounting Pressure as Crude-Backed Debts Climb to N8.07tn

    by Oluwatosin Racheal Alabi December 1, 2025
    by Oluwatosin Racheal Alabi December 1, 2025

    KEY POINTS The Nigerian National Petroleum Company Limited, NNPCL, is confronting an increasingly heavy debt burden, with crude-backed loan obligations now estimated at N8.07tn. The figure, drawn from the company’s …

  • 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 News

    NNPCL Rolls Out Nationwide Health Insurance for Petrol Station Attendants

    by Oluwatosin Racheal Alabi November 16, 2025
    by Oluwatosin Racheal Alabi November 16, 2025

    KEY POINTS The Nigerian National Petroleum Company Limited has introduced a health insurance scheme designed to give thousands of service attendants across its retail stations access to affordable and reliable …

  • 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 NewsOil & Gas

    NNPC Seeks Bigger Stake in Dangote’s $20 Billion Refinery as Nigeria Pushes for Energy Independence

    by Oluwatosin Racheal Alabi November 5, 2025
    by Oluwatosin Racheal Alabi November 5, 2025

    KEY POINTS Nigeria’s state-owned oil company is setting its sights on greater control over the country’s refining future. The Nigerian National Petroleum Company, NNPC, Limited has announced plans to raise …

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