A U.S. court has sentenced former Nigerian National Petroleum Corporation (NNPC) executive Paulinus Okoronkwo to seven years and three months in prison for accepting a...
The Nigerian National Petroleum Company (NNPC) Limited has adjusted petrol prices, setting the cost at N835 per litre in Lagos and N839 per litre in...
The Economic and Financial Crimes Commission (EFCC) has denied claims that its chairman, Ola Olukoyede, abducted and forced Bayo Ojulari, Group Chief Executive Officer (GCEO)...
The Independent Petroleum Marketers Association of Nigeria (IPMAN) has credited the recent drop in petrol pump prices to increased competition between Nigeria’s two major...
After the sustained, unwarranted personal attacks I endured for eight years from northerners for unswervingly calling out what I called the “embarrassingly undisguised Arewacentricity...
Less than a month after the Port Harcourt Refining Company resumed operations, the facility has ceased production once more. A visit by reporters on...
The Nigerian National Petroleum Company Limited (NNPC) imported 40% of Nigeria’s 1.947 million metric tonnes (MT) of petroleum products between October 1 and November...
In a blow to consumers hoping for relief from rising petrol costs, the Nigerian National Petroleum Corporation (NNPC) Limited has introduced a new pricing...
The Nigerian National Petroleum Company Limited (NNPCL) failed to remit a staggering $6.9 billion while engaging in crude swaps worth $7.1 billion under the Direct Sale...
In a move aimed at raising funds and enhancing governance within state-run entities, the Federal Government of Nigeria is reportedly considering the sale of stakes in...