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Life in Nigeria as a dress rehearsal for hell, By Osmund...

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As Ukrainian cities are buffeted by Russian tanks, the west are tightening the noose around the neck of Kremlin. The goal is to send...

NNPC earns $224.29m from export of crude oil, gas in August

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ABUJA - Nigerian National Petroleum Company (NNPC) Limited posted a total of $224.29million receipt from crude oil and gas export in August 2021 This figure...

NNPC admits importing bad fuel, withdraws adulterated product

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ABUJA (Press Release) - The Nigerian Midstream and Downstream Petroleum Regulatory Authority (The Authority) wishes to inform the general public that - limited quantity...

From fuel subsidy to transport subsidy: Quo Vadis? By Jonas Odocha

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Conventional wisdom teaches, as in management practice, that when you find yourself in a hole, you must not dig deeper. Fuel subsidy is bipedal;...

Fuel scarcity looms as private depots hike price by N9/litre

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Private Depots have hiked their Premium Motor Spirit (PMS) petrol price from N148/litre to N157/litre, The Nation learnt on Monday. The increase has discouraged the...

Zulum excited as NNPC pledges to deliver Maiduguri Power Project on...

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MAIDUGURI - The Borno State Governor, Prof. Babagana Umara Zulum, has described the ground-breaking ceremony of the Maiduguri & Environs Emergency Power Project (MEPP)...

Araraume’s NNPC appointment: Debunking the lies

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By Yakubu Abdullahi Since President Muhammadu Buhari appointed Senator Ifeanyi Godwin Araraume as the Chairman of the Board of the Nigerian National Petroleum Company Limited...

Sanwo-Olu, AfDB’s Adesina, Anyim, NNPC’s Kyari, win Zik Prize for leadership

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President of the African Development Bank Group, Akinwunmi Adesina; Lagos Governor, Babajide Sanwo-Olu; former Secretary to the Government of the Federation, Anyim Pius Anyim...

NNPC records crude oil, gas sales of $219.75m in May •Posts...

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ABUJA - The Nigerian National Petroleum Corporation (NNPC) says it recorded a total crude oil and gas export sales of $219.75m in May 2021,...

NNPC’S declaration of profits will boost investor confidence, says industry expert

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An oil and gas expert, Mr Wilson Opuwei, says the recent declaration of profit after tax of N287 billion for the year 2020 by...

NNPC open to collaboration with NGX on financing opportunities

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The Nigerian National Petroleum Corporation (NNPC) has expressed its willingness to collaborate with the Nigerian Exchange (NGX) Limited on financing options. The Group Managing Director...

How Buhari broke the jinx at NNPC, by Femi Adesina

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The news came like a thundering typhoon last week. For the first time in its 44 years history, the Nigerian National Petroleum Corporation (NNPC)...

NNPC and burden of ‘subsidy’

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Until last week when it experienced a slip, crude oil price enjoyed some form of stability, peaking at $72.83 per barrel last June –...

NNPC breaks 44-year lull with N287b net profit

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The Nigerian National Petroleum Corporation (NNPC) has recorded a net profit of N287 billion, breaking a 44-year jinx in a major recovery hailed on...

Petroleum Industry Act is not a raw deal, By Aniebo Nwamu

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My belief in the efficacy of market forces as the cure for voodoo economics remains unshaken. And so I welcome the Petroleum Industry Act...

Governors pick 6 holes in Petroleum Industry Act

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Governors have picked holes in the Petroleum Industry Act signed by President Muhammad Buhari on Monday. They described the law as a recipe for disaster. The...

Kogi’s war against food insecurity

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Last year, the Global Hunger Index (GHI) ranked Nigeria 98th out of 107 countries with acute hunger. Also, the United Nations Food and Agriculture...

NNPC Makes New Appointments, Redeploys Staff

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New appointments have been announced by the Management of the Nigerian National Petroleum Corporation (NNPC). This comes after some staff members were promoted. NNPC disclosed this...

NNPC promotes 4 to GEDs, redeploys senior management staff

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ABUJA - In a bid to strengthen and reposition the Nigerian National Petroleum Corporation (NNPC) towards attaining global excellence and profitability, the management of...

NNPC records ₦43.57bn trading surplus

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ABUJA - The Nigerian National Petroleum Corporation (NNPC) has announced a trading surplus of ₦43.57bn in April 2021 representing a 23.64% increase over the...