The Ministry of Petroleum Resources has disclosed that the decision of the Organisation of Petroleum Exporting Countries, OPEC, to exempt Nigeria from the oil output cut...
The Group Managing Director of NNPC, Dr Maikanti Baru, has reiterated the commitment of the corporation to upgrade and expand Kaduna Refining and Petrochemical Company Limited...
NNPC yesterday said it received 224 bids from crude oil traders who want to purchase and sell Nigeria crude. The number show an increase of interest...
—GDP drops by 2.24% — oil production averaged 1.63million barrels per day — non-oil sector grew by 0.03% —-manufacturing fell by 2.93% Goods and services...
The Nigerian National Petroleum Corporation (NNPC’s) under-funding cash calls hit 2.5 billion dollars in 2016, says Dr Maikanti Baru, its Group Managing Director. Baru made this...
Dangote Group said its 650,000 barrels per day capacity refinery currently under construction in Lagos would come on stream by the end of 2018. Alhaji Ahmed...
The Federal Government and the World Bank have signed a Partial Risk Guarantee (PRG) agreement for the supply of gas to the $500 million Calabar gas...
The Nigerian National Petroleum Corporation (NNPC) has reported a month-end trading deficit of N11.22 billion in August. The figure was obtained on the NNPC website detailing...
The market capitalisation of the Nigerian Stock Exchange (NSE), appreciated by N11 billion or 0.12 per cent to close at N9.360 trillion due to marginal gains...
The Nigerian National Petroleum Corporation (NNPC) has said that from January 2016 till date, government lost $7bn, about N2.1tn, to the activities of militancy groups and...
Nigeria National Petroleum Corporation NNPC yesterday said that it is no longer feasible to continue to sell fuel at N145 per liter at the current exchange...
The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Dr. Maikanti Baru yesterday said that modalities are being worked out to enable NNPC exit...
The Minister of State for Petroleum, Dr Ibe Kachikwu on Monday refuted media reports of possible increase in the prices of petroleum products in the country....
Nigeria’s revenue from crude oil sales dropped lower to N1.203 trillion in the first half of 2016. It dropped by N577 billion from N1.78 trillion recorded...
The Minister of State for Petroleum Resources, Dr. Ibe Kachikwu, yesterday blamed the continued fall in the value of the naira against other major currencies...