Nigeria owes international oil companies $5.1billion – NNPC

The Nigerian National Petroleum Corporation (NNPC), has put Nigeria’s indebtedness to international oil companies through the Joint Venture Cash Call (JVC) at $5.1billion. The Chief Financial Officer (CFO) of NNPC,…

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Reject N-Power, Trader-Moni For Jobs In NNPC, CBN – Sowore

The Presidential candidate of African Action Congress (AAC), Omoyele Sowore, has urged Nigerians to reject the N-Power and Trader Moni of All Progressives Congress (APC) for jobs in better sectors…

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Promotion exams: NNPC sacks over 80 senior staff for failing

Emerging reports have claimed that the Nigerian National Petroleum Corporation (NNPC) has laid off no fewer than 80 manager-level employees and started issuing letters to the affected workers. Daily Trust…

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NNPC replies senator, declines responsibility for fatal Abia explosion

The Nigerian National Petroleum Corporation (NNPC) on Thursday restated its stance that the fire incident that happened on System 2E pipeline network in Umuaduru and Umuimo communities in Abia State…

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Row in Senate over $3.8bn subsidy payment probe

The Senate has begun a fresh investigation into the alleged illegal subsidy payment on Premium Motor Spirit (petrol) by the Nigerian National Petroleum Corporation. The probe, however, divided members of…

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Abia explosion: Youths protest NNPC’s statement on incident, gives corporation 24 hours to reverse position

Hundreds of youths from Osisioma Local government area of Abia state has protested at NNPC depot in Osisioma, demanding explanation over what they termed negligence of NNPC, which the youths…

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Corruption allegations: Court grants leave to suit seeking Kachikwu’s suspension, probe

The Federal High Court sitting in Abuja has granted a leave allowing a civil society organisation, Kingdom Rights Foundation International (KHRFI), to commence a suit against the minister of state…

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Ex-NNPC boss, Yakubu didn’t declare over N3bn we found in his house – EFCC

The Economic and Financial Crimes Commission, EFCC, on Thursday, told the Federal High Court in Abuja that former Group Managing Director of the Nigerian National Petroleum Corporation, NNPC, Mr. Andrew…

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NNPC may ban petrol with high sulphur content

The Nigerian National Petroleum Corporation (NNPC) may ban imported fuel with high sulphur content by December 31 this year, its General Manager, Group Public Affairs, Ndu Ughamadu, has said. NNPC had…

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Fuel queues resurface in Sokoto, Lagos, Ogun

With the current situation in some filling stations across the country, the assurance from the management of Nigerian National Petroleum Corporation, NNPC last week that there will be enough petroleum…

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