NNPC

Petrol Prices Likely To Rise As Crude Oil Hits $81 Per Barrel 0

January 13, 2025

The recent spike in crude oil prices, particularly Brent crude, which just hit $81.09 per barrel, up from about $76 last week, may result in higher prices for gasoline and other refined petroleum products in the days ahead. Nigeria, where the benchmark oil price was set at $75 per barrel in the 2025 budget proposal,

N514B Fraud In NNPC, Auditor-General’s office 0

Unauthorized deductions of N82.95 billion from federation revenue for refinery rehabilitation, storing N83.66 billion from the federation’s miscellaneous income in a sinking fund account, irregular deductions of N343.64 billion from domestic crude sales at the source, and the unsupported payment of N3.75 billion shortfalls from the sale of gasoline are among the alleged violations. The

NNPCL Announces Free Cataract Extraction Surgeries In Ogun 0

BUSINESS

January 6, 2025

In Ogun State, the Nigerian National Petroleum Company Limited (NNPCL) has said that 1,000 cataract extraction surgeries will be provided for free by its foundation. In an effort to improve lives and restore sight, the state-owned oil corporation announced the project in a tweet on Monday. Blindness is preventable. Use this program to have your

Nigeria: We Took $1bn Loan to Support Dangote Refinery – NNPC 0
- BUSINESS
- December 18, 2024
The Nigerian National Petroleum Company Limited (NNPCL) has revealed that the federal government through the company took a loan of $1 billion to support the Dangote refinery project when it encountered some financial difficulties. NNPC’s Head of Corporate Communications, Olufemi Soneye, made the disclosure during his remarks at the Energy Relations Stakeholder Engagement in Abuja.
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NNPCL Offsets 50% Business Registration Cost For Corps Members 0
- BUSINESS
- December 18, 2024
The Nigerian National Petroleum Company (NNPC) Foundation has facilitated the reduction of 50 per cent of the cost of business registrations for some members of the National Youth Service Corps (NYSC). 2,659 corps members across the country have participated in the NNPC Foundation Pitching Exercise. NNPCL Foundation, Managing Director, Mrs. Emmanuella Arukwe made this known
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NNPCL Reduces Petrol Pump Price 0
- NEWS
- December 16, 2024
The Nigerian National Petroleum Company Limited (NNPCL), has reduced the pump price of Premium Motor Spirit (PMS), also known as petrol across its retail outlets, Tribune Online reports. Nigerian travel packages Tribune Online correspondent who visited the NNPCL retail outlets in Ibadan observed that petrol, which was sold between N1,025 to N1,040 per litre, has
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