Ex-NNPCL CFO arrested over alleged $7.2bn refinery fraud
The Economic and Financial Crimes Commission (EFCC) has arrested Umar Ajiya Isa, a former Chief Financial Officer (CFO) of the Nigerian National Petroleum Company Limited (NNPCL), over an alleged $7.2 billion fraud related to the rehabilitation of Nigeria’s major refineries.
Osanebi hails Avuru on NNPC appointment
Deputy Governorship Candidate of the All Progressive Congress, APC, in the March 2023 gubernatorial polls in Delta, Rt. Hon. Friday Osanebi has congratulated Mr. Austin Avuru on his appointment into the management team of the Nigerian National Petroleum Corporation (NNPC) Limited as a non-executive director by President Bola Tinubu.
5 things to know about Bayo Ojulari, former Shell chief now NNPC GCEO
This followed the sack of the board including its GCEO Mele Kyari and board chairperson Pius Akinyelure.
Tinubu sacks Kyari, NNPCL Board, appoints Engr Ojulari as new GCEO
According to the statement, the new 11-man board has Engineer Bashir Bayo Ojulari as the Group CEO and Ahmadu Musa Kida as non-executive chairman.
NNPC Limited assesses potential partners ahead of IPO
By Obas Esiedesa, Abuja Nigeria’s national oil company, NNPC Limited on Thursday said it has begun the assessment of potential partners ahead of its Initial Public Offer at the Nigerian Stock Exchange, in line with the provisions of the Petroleum Industry Act. The company in a statement by its Chief Corporate Communications Officer, Mr Olufemi […]
Naira-for-crude: Centre accuses NNPC of working against national interest
The Centre for Energy Development and Economic Sustainability (CEDES) has slammed the Nigerian National Petroleum Company Limited (NNPCL) over the controversy surrounding its naira-for-crude policy.
