The Debt Management Office (DMO) has issued a warning to the Federal Government against additional borrowing, citing that 73.5 per cent of this year’s revenue will...
The Federation Account Allocation Committee (FAAC) at its meeting, yesterday, shared N786.161 billion between the three tiers of government as federation allocation for the month of...
The Nigerian National Petroleum Company (NNPC) Limited says it has commenced the termination of crude oil swap contracts and will pay cash for petrol imports. Mele...
Governors of the ruling All Progressives Congress (APC), have accused oil marketers of inflicting pains on Nigerians after President Bola Tinubu’s pronouncement at his inauguration that...
Nigeria’s hopes of increasing its crude oil reserves has received a fresh boost as the state-owned oil company, the Nigerian National Petroleum Company Ltd, has commenced...
By Udeme Akpan, Levinus Nwabughiogu, Ediri Ejoh & Obas Esiedesa. The Nigerian National Petroleum Company Limited, NNPCL, yesterday, adopted new measures aimed at guaranteeing adequate fuel...
Adelani Adepegba, Okechukwu Nnodim and Armstrong Bakam •Four oil wells are in Gombe, boundary commission hypocritical, says gov’s special adviser •Kolmani is in Gombe, late NNPC...
The Nigerian National Petroleum Company has revealed that it incurred N788.7bilion administrative expenses in 2021. This is an increase from N648.6 billion reported in 2020, bringing...
The Kaduna State Governor, Nasir El-Rufai, has said that the President Muhammadu Buhari led APC government has failed and should get out of the oil and...
The Nigerian National Petroleum Company Limited (NNPC Ltd) has offered to submit itself for a forensic audit of fuel supply and subsidy management, insisting that the...