The Economic and Financial Crimes Commission (EFCC) has placed former NNPCL chief executive Mele Kyari on its watchlist over the $7.2bn refinery maintenance probe.
A Federal High Court in Abuja also ordered a 30-day freeze on four Jaiz Bank accounts...
https://www.youtube.com/watch?v=skaqf0PE5lY
Trust TV's Yusuf Akogu engages Dr. Aliyu Audu, an economist, on the Business Daily show to analyze the removal of Mele Kyari and the issue around Nigeria's foreign Reserves.
President Bola Ahmed Tinubu has approved a major shake-up at the Nigerian National Petroleum Company (NNPC) Limited, resulting in the removal of the Board Chairman, Chief Pius Akinyelure, and the Group Chief Executive Officer, Mele Kolo Kyari.
This significant shake-up...
The Nigerian National Petroleum Company Limited (NNPCL) imported 136.7 million litres of petrol in a single day, raising questions about the status of local refineries.
A document reviewed by Daily Trust showed the shipment arrived on February 10 through Lagos ports, costing...
There was widespread excitement on Monday as the Warri Refining and Petrochemical Company (WRPC) resumed partial operations after nearly a decade of inactivity.
The Nigerian National Petroleum Company Limited (NNPCL) confirmed that the 125,000-barrel-per-day refinery is now functioning at 60%...
The Nigerian National Petroleum Company Limited (NNPCL) has announced that the Warri Refining and Petrochemical Company (WRPC) has resumed partial operations after being dormant for nearly a decade. This marks a crucial milestone in Nigeria’s efforts to restore functionality...
The Nigerian National Petroleum Company Limited (NNPCL) has lowered the pump price of Premium Motor Spirit (PMS), or petrol, to N899 per litre, down from the previous N1,020.
This adjustment follows a similar move by Dangote Refinery, which recently set...
The Nigerian National Petroleum Company Limited (NNPC Ltd) has reaffirmed that the Port Harcourt Refinery is fully operational, dismissing reports suggesting otherwise.
Olufemi O. Soneye, the Chief Corporate Communications Officer of NNPCL, stated that claims in the media alleging the...
The Nigerian National Petroleum Company Limited (NNPCL) has disclosed that the federal government, through the company, secured a $1 billion loan to assist the Dangote Refinery during a period of financial difficulty.
NNPCL’s Head of Corporate Communications, Olufemi Soneye, made...
The Nigerian National Petroleum Company Limited (NNPC Ltd) and its partners have ramped up crude oil and gas production to 1.8 million barrels per day (mbpd) and 7.4 billion standard cubic feet per day (scfd), a significant leap in...
https://youtu.be/8yGOyyBG1lI
Workers residing in Abuja are grappling with rising transportation costs, with many spending a significant portion of their income...