Nigeria Extractive Industries Transparency Initiative, NEITI, said that Federal, states and the local government councils got a total of N1.534 trillion as allocations from the Federation...
Minister of State for Petroleum Resources, Dr. Ibe Kachikwu, has said that the Nigerian government will no longer Carry out repairs of the country’s aged refineries, and...
The Nigerian National Petroleum Corporation, NNPC, has imported 38.7 million liters of aviation fuel to reduce the scarcity of the product. Managing Director of the NNPC,...
Borno State, Nigeria has officially joined the league of oil-producing states in Nigeria, as the Federal Government has said that crude oil has been found in...
The crisis in the Niger Delta region has taken a significant toll on the Nigerian economy since the beginning of the year as the Nigerian Petroleum...
Group Managing Director, Nigerian National Petroleum Corporation, NNPC, Dr Maikanti Baru, said Nigeria lost about $6.2 billion in 2015v alone as a result of absence of...
NNPC has reiterated its determination to maximize the participation of Nigerians in local projects to raise the bar of Nigerian content policy. Baru gave the assurance...
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...