Seplat Energy Plc has denied media reports that the Nigerian National Petroleum Corporation (NNPC) Limited has blocked the proposed purchase of ExxonMobil shares worth $1.583 billion....
Nigeria still suffers fuel scarcity despite claims of availability of Premium Motor Spirit (petrol) by the Nigerian National Petroleum Company Limited. This last weekend, citizens were...
The Nigerian National Petroleum Company Ltd has blocked the proposed sale of ExxonMobil shares worth $1.583 billion to SEPLAT Energy Plc. Naija News reports that ExxonMobil...
The Nigerian National Petroleum Company Limited (NNPC) has vowed to increase oil production following the rise in the price of brent to $105/barrel price on Tuesday....
An agency of the Federal Government, the Nigeria Extractive Industries Transparency Initiatives, on Monday linked the continued subsidy on Premium Motor Spirit to the scarcity of...
The Nigerian National Petroleum Company Limited has finally disclosed the reason International Oil Companies (IOC)are leaving Nigeria for other countries. NNPC’s Group Managing Director, Mele Kyari,...
Data released by the Central Bank of Nigeria revealed that the quantity of foreign exchange used for the importation of petroleum products into the country fell...
The Presidency has said President Muhammadu Buhari has succeeded in restoring normalcy in the petroleum supply in the country. Naija News reports that major cities across...
The Chairman, House of Representatives Committee on Petroleum (Downstream), Hon. Abdullahi Mahmud Gaya has assured Nigerians that his Committee will handle companies who imported methanol-blended Premium...
The Nigerian National Petroleum Company Limited (NNPC) has reacted to the issue of fuel scarcity across the country and the emergence of black marketers. Following the...
Petroleum marketers, on Sunday, asked the Federa Government to bear their losses, while accusing the Nigerian National Petroleum Corporation (NNPC) Limited of a deliberate delay in...
The Nigerian National Petroleum Corporation in its monthly financial reports released on Sunday noted that three refineries recorded a combined operational deficit of ₦11.77 billion in...
When the 200-year-old UK Guardian reported in July 2020 that the Premium Motor Spirit (PMS), better known as petrol, imported into Nigeria from Europe was highly...
In order to address the fuel scarcity in the country, the Nigerian National Petroleum Company Ltd. may spend N201 billion to import clean Premium Motor Spirit...
The opposition Peoples Democratic Party (PDP) has reacted to the importation of adulterated fuel into the country. Naija News reports that the Group Managing Director of...
President Muhammadu Buhari has ordered that producers and providers of consumable products be held accountable for substandard services and or products sold by them. Naija News earlier...
The Nigerian National Petroleum Company (NNPC) Limited has reassured Nigerians of its capacity to restore sanity in the supply and distribution of quality Premium Motor Spirit...
The House of Representatives has vowed to investigate the importation of adulterated fuel into the country and punish culprits found guilty. Naija News earlier reported that...
No less than 300 million litres of Premium Motor Spirit, PMS have reportedly arrived in Nigeria amid lamentation on fuel scarcity in major cities of the...
The Group Managing Director of the Nigerian National Company Limited (NNPC), Mele Kyari, has disclosed that four companies were responsible for the importation of adulterated fuel...