NNPC

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NNPC grows trading surplus by 33.7% to N5.28bn

NNPC grows trading surplus by 33.7% to N5.28bn

The Nigerian National Petroleum Corporation, NNPC, yesterday, said its trading surplus appreciated by 33.7 per cent to N5.28 billion in its December 2019 operations compared to the N3.95 billion surplus posted in November last year.  

Senate probes NNPC over payment of $289m cash to NIA in 2015

Senate probes NNPC over payment of $289m cash to NIA in 2015

FRESH facts emerged before the Senate yesterday that the money found in the Ikoyi swanky apartment of the former Director-General of National Intelligence Agency, NIA, Ayodele Oke by operatives of the Economic and Financial Crimes Commission (EFCC) was a fraction of $289million cash collected by the DG from the Nigerian National Petroleum Corporation, NNPC.

NNPC, others adjust pump price to N125 in Dutse, Hadejiaa

NNPC, others adjust pump price to N125 in Dutse, Hadejiaa

Some petrol filling stations in Dutse and Hadejia council areas of Jigawa on Thursday reduced the pump price of Premium Motor Spirit (PMS), from N145 to N125 per litre. President Muhammadu Buhari gave the approval for the reduction in the price of PMS on Wednesday following a drop in crude prices which further lowered open […]

Just in: PPPRA concurs with NNPC, fixes PMS price at N125 per litre

Just in: PPPRA concurs with NNPC, fixes PMS price at N125 per litre

Following the directive of the Federal Government that it reduce the price of Premium Motor Spirit, also known as petrol, the Petroleum Products Pricing Regulatory Agency, PPPRA, yesterday, announced N125 per litre as the new price of the commodity, effective March 19, 2020.

LOCAL CONTENT: Integration of FPSO now possible in-country — Simbi Wabote

LOCAL CONTENT: Integration of FPSO now possible in-country — Simbi Wabote

With this fund, do you think indigenous operators can now handle major projects in the industry Even before the funds, Nigerian companies have really developed their capacity and are doing heavy duty projects. For example, before the advent of the law itself, all fabrication works were done outside the country. But between now and then, […]