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NNPCL Increases Petrol Price to N950/Litre

The Nigerian National Petroleum Company Limited (NNPCL) has announced a significant increase in the pump price of petrol. This change is expected to have...

Tinubu Sacks Kyari, Appoints Southerner as NNPCL Boss

In a major shakeup of Nigeria's state-owned oil company, President Bola Ahmed Tinubu has overhauled the board of the Nigerian National Petroleum Company Limited...

Petrol Price Review: Imported Fuel Landing Cost Drops

The landing cost of imported petrol has dropped to N797.66/litre, a development that is expected to bring relief to Nigeria's fuel market. This decrease...

Naira-for-Crude Policy Under Review: Finance Minister, NNPCL Meet

The Technical Sub-Committee on the Naira-for-Crude Policy met on Thursday at the Ministry of Finance Headquarters in Abuja to assess developments and reaffirm commitments...

Nigeria Loses $577.6m as FG Waives Road Tax Credit for NNPCL

The Federal Government has forgone a staggering $577.6 million in tax revenue under the Road Infrastructure Tax Credit Scheme to the Nigerian National Petroleum...

NNPCL and Ssonic Petroleum Seal 20-Year Gas Supply Agreement

In a move set to significantly boost Nigeria's energy production, the Nigerian National Petroleum Company Limited (NNPCL) has signed a 20-year gas supply agreement...

FG, NNPCL Work Out Modalities for #7.7tn Fuel Subsidy Debt Payment

The Federal Government of Nigeria and the Nigerian National Petroleum Company Limited (NNPCL) have agreed on a plan to settle the N7.74 trillion fuel...

NNPCL Lowers Petrol Price to N860/Litre, According to Marketers

The Nigerian National Petroleum Company Limited (NNPCL) has reportedly reduced the petrol pump price to N860 per litre, according to marketers. This development comes after...

Crude awakening: NNPC Shipping Unveils Joint Venture to revolutionize Transport

The Nigerian National Petroleum Company Shipping (NNPC Shipping), Stena Bulk, and Caverton Marine Limited have joined forces to launch a transformative joint venture that...

From March 1, NMDPRA Bans Above 60,000ml Petrol Trucks.

The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) banned trucks carrying above 60,000 liters of hydrocarbon products from loading depots on March 1,...

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