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NNPCL

  • 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 …

  • In the NewsOil & Gas

    Dangote Dismisses Calls to Buy NNPC Refineries, Urges Private Investors to Take the Lead

    by Oluwatosin Racheal Alabi October 31, 2025
    by Oluwatosin Racheal Alabi October 31, 2025

    KEY POINTS Aliko Dangote has ruled out acquiring any of Nigeria’s ailing state-owned refineries, saying he would rather expand his privately-owned Dangote Refinery than be accused of monopolising the nation’s …

  • In the NewsMarketsOil & Gas

    Nigeria Loses N57 Billion to PENGASSAN Strike as Oil Output Falls by 200,000 Barrels Daily

    by Oluwatosin Racheal Alabi October 29, 2025
    by Oluwatosin Racheal Alabi October 29, 2025

    KEY POINTS Nigeria’s economy has taken another hit as the recent nationwide strike by senior oil workers, PENGASSAN, caused massive disruptions in crude oil production, gas supply, and electricity generation.  …

  • In the NewsMarketsOil & Gas

    NNPC Raises Petrol Price to N992 in Lagos as Nigerians Brace for Tougher Times

    by Oluwatosin Racheal Alabi October 13, 2025
    by Oluwatosin Racheal Alabi October 13, 2025

    KEY POINTS Nigeria’s state-owned oil company, the Nigerian National Petroleum Company, NNPC, has raised the pump price of petrol to N992 per litre in Lagos, up from N865, marking yet …

  • In the News

    NNPCL Gets N318bn for Frontier Oil Exploration

    by Ikeoluwa Juliana Ogungbangbe September 25, 2025
    by Ikeoluwa Juliana Ogungbangbe September 25, 2025

    KEY POINTS The Nigerian National Petroleum Company Limited has received N318.05 billion between January and August 2025 to finance frontier oil exploration, according to documents from the September meeting of …

  • In the News

    EFCC Tightens Net on Ex-NNPC Boss Mele Kyari Over $2.5bn Refinery Funds

    by Oluwatosin Racheal Alabi September 13, 2025
    by Oluwatosin Racheal Alabi September 13, 2025

    KEY POINTS The Economic and Financial Crimes Commission (EFCC) has stepped up its investigation into former Nigerian National Petroleum Corporation (NNPC) Group Managing Director Mele Kyari, directing him to report …

  • In the NewsOil & Gas

    Craigwal Petroshore, NNPC E&P Lead Safety Workshop for Oil and Gas Professionals

    by Oluwatosin Racheal Alabi September 12, 2025
    by Oluwatosin Racheal Alabi September 12, 2025

    KEY POINTS Craigwal Petroshore Limited, CPL, an indigenous engineering and EPCIC (Engineering, Procurement, Construction, Installation, and Commissioning) firm, teamed up with Nigerian National Petroleum Company Exploration & Production (NNPC E&P), …

  • In the NewsMarketsOil & Gas

    Dangote Refinery Buys $7.2 Million Crude from NNPC

    by Oluwatosin Racheal Alabi September 5, 2025
    by Oluwatosin Racheal Alabi September 5, 2025

    KEY POINTS According to official documents seen by Billionaires.Africa, Aliko Dangote’s $20 billion refinery purchased 100,000 barrels of crude worth $7.2 million from the Nigerian National Petroleum Company Limited, NNPC, …

  • GovernmentIn the News

    Petrobras Eyes Deepwater Oil Comeback in Nigeria

    by Oluwatosin Racheal Alabi August 28, 2025
    by Oluwatosin Racheal Alabi August 28, 2025

    KEY POINTS Brazil’s state-controlled energy giant Petrobras is weighing a return to Nigeria’s upstream oil sector, signaling renewed interest in deepwater and ultra-deepwater exploration as Africa’s largest crude producer courts …

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Editors' Picks

Nigeria’s Oil Boom: Record Production in September 2023

Carbon Pricing Hit A Record $107 Billion in 2025 as Global Coverage Expands Fast
ECG Spends GH¢3 Million to Fix Power Reliability Across 40 Accra West Communities

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Carbon Pricing Hit A Record $107 Billion in 2025...
ECG Spends GH¢3 Million to Fix Power Reliability Across...
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