Tag: NNPC
Petrol marketers to sell at N168-N170/litre as NNPC raises depot price
The Petroleum Products Marketing Company, a subsidiary of the Nigerian National Petroleum Corporation, has increased the ex-depot price of Premium Mot [...]
Members of a cabal were enriching themselves with payments, NNPC boss says of fuel subsidy payments
Mele Kyari, group managing director of the Nigerian National Petroleum Corporation (NNPC), says the benefits of the fuel subsidy regime were enjoyed [...]
How foreign company tried to seize NNPC building – Immigration boss
Muhammed Babandede, comptroller-general of the Nigeria Immigration Service (NIS), has disclosed how a company contracted by the federal government sou [...]
UBA leads consortium in $1.5bn oil financing deal for NNPC
The United Bank for Africa Plc (UBA), the leading pan-African financial services group, is the lead arranger of a consortium of Nigerian commercial an [...]
CBN, NNPC pledges N1bn for upkeep of Nigerian returnees
The Central Bank of Nigeria (CBN) and Nigerian National Petroleum Corporation (NNPC) have reportedly agreed to split N1 billion for the upkeep of Nige [...]
NNPC disengages 100 contract workers
Over 100 contract staff of the Nigerian National Petroleum Corporation, NNPC, who were stationed to work at refineries have been discontinued as the o [...]
Why oil marketers are not ready to sell fuel at N125 per litre
Private fuel marketers are yet to reduce the pump price of Premium Motor Spirit (petrol). This despite the Federal Government reducing fuel pump price [...]
FG reduces cost of petrol from N145 to N125
The federal government has directed the Nigerian National Petroleum Corporation (NNPC) to reduce the ex-coastal and ex-depot prices of petrol to refle [...]