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Tinubu Praises Economic Team for Market Rebound and Stability
Politicspunch-ngvanguard-ng18d ago2 sources

Tinubu Praises Economic Team for Market Rebound and Stability

President Tinubu commended his economic team and the Nigerian Exchange (NGX) for their efforts in stabilizing the economy and achieving a rebound in the stock market. He also announced plans for the listing of the Nigerian National Petroleum Company (NNPC) on the NGX.

Nigerian Reps Demand Details of Unremitted Operating Surplus from CBN, NNPCL
Worldvanguard-ng1mo ago

Nigerian Reps Demand Details of Unremitted Operating Surplus from CBN, NNPCL

The Nigerian House of Representatives Public Accounts Committee (PAC) has directed the Office of the Accountant-General of the Federation (OAGF) to provide a comprehensive breakdown of outstanding operating surplus and other revenues allegedly owed by the Central Bank of Nigeria (CBN) and the Nigerian National Petroleum Company Limited (NNPCL).

Worldpunch-ng2mo ago

NNPC Staff Seek Early Retirement in Nigeria

Over 70% of eligible staff at the Nigerian National Petroleum Company (NNPC) are reportedly seeking early retirement through a new voluntary exit scheme, aiming to transform the organization.

Veteran Nollywood Actor Kola Oyewo Dies at 80
CulturePremium Timespunch-ngvanguard-ng+1myjoyonline2mo ago4 sources

Veteran Nollywood Actor Kola Oyewo Dies at 80

Veteran Nollywood actor Kola Oyewo, known for his role in 'Saworoide', has passed away at the age of 80, prompting mourning from the Ooni of Ife and the entertainment industry.

Cost of Living Crisis Impacts Eid Spending in Nigeria
PoliticsAl Jazeerala-repubblicagulf-news+12khaleej-timesDaily Sabahgeo-newsPremium Timesdhaka-tribuneguardian-ngpunch-ngvanguard-ng+4 more3mo ago15 sources

Cost of Living Crisis Impacts Eid Spending in Nigeria

The ongoing cost of living crisis in Nigeria is significantly reshaping spending habits for the Eid-el-Kabir celebrations. This economic pressure is affecting how Nigerians observe the holiday.

Trump Discusses Xi Talks, Geopolitical Issues After China Visit
PoliticsAPReutersBBC+122bloombergNYTFTle-mondewapoThe GuardianNPRAl Jazeera+114 more3mo ago125 sources

Trump Discusses Xi Talks, Geopolitical Issues After China Visit

Following his interactions with Chinese President Xi Jinping, Donald Trump commented on a range of topics including trade deals, Iran's nuclear program, Taiwan arms sales, and the unlikely release of Hong Kong media mogul Jimmy Lai. He also reflected on the overall dynamic and potential for lifting sanctions related to Iranian oil.

Technologypunch-ng3mo ago

NNPC, NIPetGE push AI adoption in energy sector

Nigeria's NNPC and NIPetGE are advocating for increased adoption of artificial intelligence and digital technology within the energy sector to enhance efficiency and sustainability in the country's oil and gas industry.

NNPC Signs Deal with Chinese Firms to Revive Nigerian Refineries
PoliticsPremium Timespunch-ngvanguard-ng3mo ago3 sources

NNPC Signs Deal with Chinese Firms to Revive Nigerian Refineries

The Nigerian National Petroleum Corporation (NNPC) has signed a Memorandum of Understanding with Chinese firms to facilitate the restart and expansion of the Warri and Port Harcourt refineries. This agreement aims to revive and improve the operational capacity of these key facilities.

Group faults Senate committee’s ₦210tr NNPCL claim— Demands technical review
Businessvanguard-ng5mo ago

Group faults Senate committee’s ₦210tr NNPCL claim— Demands technical review

The Northern Youth Progressive Forum, NYPF, has challenged the claim by the Senate Public Accounts Committee that about ₦210 trillion in the accounts of the Nigerian National Petroleum Company Limited, NNPCL, was unaccounted for, urging a technical review of the figures. Chairman of the Senate Public Accounts Committee, Senator Ahmed Wadada, had raised concerns over […] The post Group faults Senate committee’s ₦210tr NNPCL claim— Demands technical review appeared first on Vanguard News.

N210tn Mirage: How Wadada’s claim on NNPCL collapses under simple arithmetic
Businessvanguard-ng5mo ago

N210tn Mirage: How Wadada’s claim on NNPCL collapses under simple arithmetic

By Kingsley Adegbite  In Nigeria’s already fragile information environment, numbers have enormous power. When a public official declares that N210 trillion has gone missing, the figure is large enough to shock citizens, dominate headlines and inflame public anger. That is precisely why such claims must be handled with care and responsibility. Unfortunately, Senator Ahmed Wadada’s allegation […] The post N210tn Mirage: How Wadada’s claim on NNPCL collapses under simple arithmetic appeared firs...

FG, NNPCL, NESG endorse Portland Gas Mini-LNG and LCNG project in Gwagwalada
Businessvanguard-ng6mo ago

FG, NNPCL, NESG endorse Portland Gas Mini-LNG and LCNG project in Gwagwalada

By Progress Godfrey ABUJA — The Federal Government, NNPC Limited (NNPCL), the Nigerian Economic Summit Group (NESG), and key investment partners have officially backed Portland Gas Limited’s proposed Mini-LNG and LCNG facility in Gwagwalada, Abuja, highlighting the project as a cornerstone of Nigeria’s gas-driven industrial growth and energy security strategy. The endorsement came during a […] The post FG, NNPCL, NESG endorse Portland Gas Mini-LNG and LCNG project in Gwagwalada appeared first...

Sell 51% stake in NNPCL refineries, PENGASSAN urges FG
Businesspunch-ng6mo ago

Sell 51% stake in NNPCL refineries, PENGASSAN urges FG

PENGASSAN urges the Nigerian government to sell a 51% stake in NNPCL refineries, adopting the NLNG model to improve efficiency and profitability. Read More: https://punchng.com/sell-51-stake-in-nnpcl-refineries-pengassan-urges-fg/

Businessguardian-ng4d ago

NNPC Archives

An archive page from The Guardian Nigeria News related to the Nigerian National Petroleum Company Limited (NNPC).

NNPC Records N535 Billion Profit in June
BusinessPremium Timespunch-ng24d ago2 sources

NNPC Records N535 Billion Profit in June

The Nigerian National Petroleum Company (NNPC) announced a profit of N535 billion in June, alongside a daily oil output of 1.72 million barrels. This financial performance indicates a significant positive trend for the company.

Nigerian Senate to Probe Oil Sector Audit
Businessvanguard-ng26d ago

Nigerian Senate to Probe Oil Sector Audit

The Nigerian Senate has scheduled a 23-day probe into the country's oil sector audit, summoning the NNPCL, CBN, and other organizations to provide relevant information and be represented by their chief accounting officers.

ADC Challenges NNPC, FG on N7.13tn Energy Expenditure
Politicsvanguard-ng1mo ago

ADC Challenges NNPC, FG on N7.13tn Energy Expenditure

The African Democratic Congress (ADC) has challenged the Nigerian Federal Government and the Nigerian National Petroleum Company Limited (NNPC Ltd.) to account for the N7.13 trillion recorded as energy security expenditure.

Businesspunch-ng1mo ago

NNPC Limited Saves $3.4 Billion Through Contract Review

NNPC Limited announced it has saved $3.4 billion by restructuring contracts, which has also boosted efficiency and production. The company's Group Chief Executive Officer, Bayo Ojulari, unveiled the one-year scorecard detailing these achievements.

Nigerian President Tinubu Addresses Economic Reforms Amid Public Hardship
PoliticsBBCAl Jazeerala-repubblica+12publicodennik-nindian-expressDawnnaftemporikindtvavgiPremium Times+4 more2mo ago15 sources

Nigerian President Tinubu Addresses Economic Reforms Amid Public Hardship

Nigerian President Tinubu stated that his reforms are stabilizing the economy despite ongoing hardship, while critics urged him to resign over rising insecurity. Discussions also included the 2027 elections and concerns about severe flooding predictions for 2026.

AGF Leads Defense in Dangote Fuel Import Suit
PoliticsPremium Times3mo ago

AGF Leads Defense in Dangote Fuel Import Suit

The Attorney General of the Federation is leading the defense as NNPC and regulators work to protect Nigeria's energy security in a Federal High Court suit concerning Dangote fuel imports, intensifying disputes in the downstream petroleum sector.

Nigerian Military Airstrike Kills Over 100 People
PoliticsNYTyle-uutisetfaz+15DWlsm-lvdelfi-ltTimes of Indiadeadlinen1-bihnaftemporikibalkan-web+7 more3mo ago18 sources

Nigerian Military Airstrike Kills Over 100 People

Over 100 people have reportedly died following a military airstrike in Nigeria. This incident is a significant development amidst other national news, including government plans for housing and education, and political discussions.

NNPC Reports N276 Billion Profit in March
FinancePremium Timespunch-ng3mo ago2 sources

NNPC Reports N276 Billion Profit in March

The Nigerian National Petroleum Company (NNPC) announced a profit of N276 billion for March. This achievement came despite pipeline disruptions, with the company also noting a one-year high in gas output.

AI's Impact on Music Industry Explored
Businesscapital-bgpunch-ng3mo ago2 sources

AI's Impact on Music Industry Explored

An analysis delves into the future of the music industry in the era of artificial intelligence, examining how AI technologies are shaping its evolution.

NNPC to Increase Crude Oil Supply to Dangote Refinery
hvgvanguard-ng4mo ago2 sources

NNPC to Increase Crude Oil Supply to Dangote Refinery

Nigeria's NNPC has announced plans to increase crude oil allocation to the Dangote Refinery to seven cargoes in May 2026, up from the current five. This move is intended to support the refinery's operational capacity.

EFCC returns N3.9bn stolen funds to NNPC
BusinessPremium Times5mo ago

EFCC returns N3.9bn stolen funds to NNPC

Receiving the funds on behalf of NNPC Ltd, Executive Vice President, Downstream, Mumuni Dagazau, praised the EFCC for its role in the recovery. The post EFCC returns N3.9bn stolen funds to NNPC appeared first on Premium Times Nigeria.

NNPC posts N385bn profit  as oil output rises
Businesspunch-ng5mo ago

NNPC posts N385bn profit as oil output rises

NNPC reports a N385bn profit for Jan 2026, driven by a rise in oil output to 1.64m bpd. Read the latest operational updates on production and revenue. Read More: https://punchng.com/nnpc-posts-n385bn-profit-as-oil-output-rises/

Executive Order 9 will be counterproductive – 1
Politicsvanguard-ng5mo ago

Executive Order 9 will be counterproductive – 1

By Dele Sobowale “Wisdom in people consists of the anticipation of consequences” – Norman Cousins, 1915-1990, Vanguard Book Of Quotations, P274 “The road to hell is paved with good intentions”  Until a few days ago, it would never have crossed my that I could be defending the Nigerian National Petroleum Company Limited, NNPCL, established to foster economic […] The post Executive Order 9 will be counterproductive – 1 appeared first on Vanguard News.

N210trn mirage: How Wadada’s claim on NNPCL collapses under simple arithmetic, By Kingsley Ade Adegbite
PoliticsPremium Times5mo ago

N210trn mirage: How Wadada’s claim on NNPCL collapses under simple arithmetic, By Kingsley Ade Adegbite

The ₦210 trillion discrepancy claim does not align with Nigeria’s fiscal realities, the governance structure of NNPC or the financial mechanics of joint venture accounting. What initially appears as a monumental financial scandal quickly dissolves into a phantom figure, one that sits more comfortably in political rhetoric than in verifiable financial records. Nigeria deserves serious […] The post N210trn mirage: How Wadada’s claim on NNPCL collapses under simple arithmetic, By Kingsley Ade Ad...

NNPC Criticized for Corruption and Refinery Failures
Politicspunch-ng5mo ago

NNPC Criticized for Corruption and Refinery Failures

An article explores deep-rooted corruption within the Nigerian National Petroleum Corporation (NNPC), analogizing it as a 'Nigerian National Plundering Corporation,' and highlights the monumental failure of its oil refineries.

Tinubu's Executive Order Halts N2tn NNPC Fees
Politicspunch-ng6mo ago

Tinubu's Executive Order Halts N2tn NNPC Fees

President Bola Tinubu has issued an executive order stopping the Nigerian National Petroleum Company Limited from deducting management fees and the Frontier Exploration Fund, effectively halting revenue streams worth about N2.076tn.

Edun explains revenue remittance directive, says NNPC forensic audit ongoing
PoliticsPremium Times6mo ago

Edun explains revenue remittance directive, says NNPC forensic audit ongoing

The Minister says new directives on revenue remittances are aimed at strengthening transparency and domestic resource mobilisation, as a forensic audit of NNPC proceeds under FAAC mandate. The post Edun explains revenue remittance directive, says NNPC forensic audit ongoing appeared first on Premium Times Nigeria.

Businessguardian-ng9d ago

NNPCL Energy Security Spending

The article from The Guardian Nigeria News archives discussions and reports related to the Nigerian National Petroleum Company Limited's (NNPCL) expenditures on energy security measures.

Businesspunch-ng22d ago

NNPC Reports N2.27 Trillion Half-Year Profit

The Nigerian National Petroleum Company Limited (NNPC) recorded a substantial profit of N2.27 trillion in the first half of 2026. This financial success was primarily driven by a rally in crude oil prices during the period.

Businesspunch-ng29d ago

SERAP Sues NNPC to Account for N211 Trillion

The Socio-Economic Rights and Accountability Project (SERAP) has filed a lawsuit to compel the Nigerian National Petroleum Company (NNPC) to account for N211 trillion recorded as ‘Sundry Receivables’ and ‘Accrued Expenses’ in its 2023 financial statements.

SERAP Sues NNPCL Over Unaccounted Rebranding Costs
PoliticsPremium Timespunch-ngvanguard-ng2mo ago3 sources

SERAP Sues NNPCL Over Unaccounted Rebranding Costs

The Socio-Economic Rights and Accountability Project (SERAP) has filed a lawsuit against the Nigerian National Petroleum Company Limited (NNPCL). SERAP is demanding accountability for an alleged ₦5.9 billion spent on rebranding that remains unexplained.

Nigerian Senate Invalidates Arrest Warrant for Former NNPC MD Mele Kyari
BusinessPremium Timespunch-ngvanguard-ng2mo ago3 sources

Nigerian Senate Invalidates Arrest Warrant for Former NNPC MD Mele Kyari

The Nigerian Senate has disowned and invalidated an arrest warrant previously issued against former NNPC Managing Director Mele Kyari, stating that the warrant was not authorized by the full Senate. This decision came amidst a probe into an alleged missing N210 trillion.

Businesspunch-ng2mo ago

NNPC Donates MRI Machine to Kano Hospital

The NNPC Foundation has donated a 1.5 Tesla MRI machine to the National Orthopaedic Hospital, Dala, Kano, aiming to improve diagnostic services and healthcare access in Nigeria.

Nigerian Army Rescues 92 Kidnapped Civilians in Borno State
Worldklix-baPremium Timesguardian-ng+2punch-ngvanguard-ng3mo ago5 sources

Nigerian Army Rescues 92 Kidnapped Civilians in Borno State

The Nigerian Army successfully rescued 92 civilians who had been kidnapped by terrorists in Borno State, neutralizing improvised explosive devices and engaging in operations against militants. This rescue operation was part of broader efforts to combat terrorism in the region.

Nigeria Grapples with Crime, Fraud, and Policy Shifts
Politicsn1-serbiaiefimeridanaftemporiki+6express-tribuneDaily SabahPremium Timesguardian-ngpunch-ngvanguard-ng3mo ago9 sources

Nigeria Grapples with Crime, Fraud, and Policy Shifts

Various reports from Nigeria detail incidents of police misconduct, high-profile fraud cases, legal disputes, and government policy decisions. These events collectively highlight ongoing challenges in law enforcement, financial integrity, and public administration across the nation.

Dangote Rejects NNPC Offer for Increased Refinery Stake
Financepunch-ngvanguard-ng3mo ago2 sources

Dangote Rejects NNPC Offer for Increased Refinery Stake

Aliko Dangote has reportedly rejected an offer from the Nigerian National Petroleum Company (NNPC) to increase its stake in his refinery. Dangote confirmed his decision regarding the proposed equity increase.

Worldpunch-ng3mo ago

Punch-NG Publishes Afternoon News Recap

Punch-NG released its afternoon news recap, covering top stories including Borno's defense of reintegrating repentant terrorists, Nigeria ranking third globally for students abroad, and NNPC remitting N322bn.

Nigeria Grapples With Fuel Shortage, Approves Infrastructure Projects
Worldindian-expressdanaspunch-ng+1vanguard-ng3mo ago4 sources

Nigeria Grapples With Fuel Shortage, Approves Infrastructure Projects

Nigeria is facing concerns over aviation fuel shortages, while the government has approved strategic public-private partnership infrastructure projects and mandated drug tests for secondary school students. Separately, the NDLEA has uncovered a drug stash house and made arrests in drug trafficking cases.

Inquest into Chimamanda Adichie's Son's Death Suspended
Worldjerusalem-postPremium TimesVnExpress+3punch-ngvanguard-ngmyjoyonline3mo ago6 sources

Inquest into Chimamanda Adichie's Son's Death Suspended

A coroner has suspended the inquest into the death of Nigerian author Chimamanda Adichie's son, amid allegations of interference by the Lagos Attorney General. The court halted proceedings as the Attorney General denied any involvement.

Nigerian Aviation Ground Handlers Threaten Strike Over N9 Billion Debt
Politicsindex-hrPremium Timesguardian-ng+2punch-ngvanguard-ng4mo ago5 sources

Nigerian Aviation Ground Handlers Threaten Strike Over N9 Billion Debt

Nigerian aviation ground handlers are threatening to suspend operations due to an outstanding N9 billion debt owed by airlines, potentially disrupting air travel. This development comes amidst other domestic news, including a setback in the trial of former central bank governor Emefiele and an army rescue of a kidnapped victim.

Nigerian Senate Demands Explanation for N210 Trillion Audit Queries
BusinessPremium Timespunch-ng4mo ago2 sources

Nigerian Senate Demands Explanation for N210 Trillion Audit Queries

The Nigerian Senate has given the Nigerian National Petroleum Company Limited (NNPCL) a deadline of April 29 to provide explanations for N210 trillion in audit queries. The demand comes as the Senate seeks accountability for the significant financial discrepancies.

Nigerian Airstrike in Borno: Army Justifies Attack Amid Civilian Deaths, Survivors Recount Ordeal
PoliticsAPBBCNYT+29The GuardianAl Jazeeradr-dknosaftonbladetberlingskeSCMPsvenska-dagbladet+21 more4mo ago32 sources

Nigerian Airstrike in Borno: Army Justifies Attack Amid Civilian Deaths, Survivors Recount Ordeal

The Nigerian Army has justified a precision airstrike in Jilli village, Borno State, claiming it targeted a terrorist hub, despite reports of civilian deaths. Survivors have since recounted their ordeal, stating they were legitimate animal traders at Jilli market when the attack occurred, while Amnesty International condemned the incident.

Dangote Refinery Disputes NNPC's Seven-Cargo Allocation for May
Financepunch-ngvanguard-ng4mo ago2 sources

Dangote Refinery Disputes NNPC's Seven-Cargo Allocation for May

NNPC Limited had planned to increase crude oil allocation to the Dangote Petroleum Refinery to seven cargoes in May 2026; however, officials at Dangote Refinery are disputing these reports, stating their actual allocation from NNPC is lower.

Dangote’s partner station MRS, NNPC raise petrol price by N100/litre
Businessvanguard-ng5mo ago

Dangote’s partner station MRS, NNPC raise petrol price by N100/litre

Less than 24 hours after Dangote Petroleum Refinery & Petrochemicals raised the gantry price of Premium Motor Spirit (PMS), also known as petrol, by N100 per litre, its partner retail outlet, MRS Oil Nigeria Plc, and NNPC Limited have increased their pump prices by a similar margin. The post Dangote’s partner station MRS, NNPC raise petrol price by N100/litre appeared first on Vanguard News.