Tag:Nigerian National Petroleum Company Limited

Why NNPC’s N5.4 Trillion Profit Is Hiding a N30.3 Trillion Debt Problem

Despite its transition into a fully commercial entity, the Nigerian National Petroleum Company Limited is facing mounting financial strain as debts owed by its...

Why NNPC shut down Port Harcourt Refinery

The Nigerian National Petroleum Company Limited (NNPC Ltd) has announced that the Port Harcourt Refining Company (PHRC) will undergo a scheduled maintenance shutdown commencing...

World Bank Accuses Kyari-Led NNPC of Withholding Subsidy Removal Savings

The World Bank has raised concerns over the Nigerian National Petroleum Company Limited (NNPCL)'s handling of funds from the petrol subsidy removal. According to the...

EFCC probes Mele Kyari,  14 NNPC executives over misappropriation of $2.9bn refinery funds

The Economic and Financial Crimes Commission (EFCC) has commenced an investigation into alleged abuse of office and misappropriation of public funds by several former...

Massive Shake-Up at NNPC as Refinery Chiefs Are Sacked

The new management of the Nigerian National Petroleum Company Limited (NNPC Ltd) has dismissed the Managing Directors of its three refineries as part of...

Nigeria’s Oil Sector and the ‘Very Bad People’

By Abiodun Alade I have read a number of compelling accounts that depict the unfortunate state of Nigeria’s oil sector, but none does so with...

NNPCL Remits N10trn to Federation Account, Announces Forensic Audit on Petrol Price Stabilisation

The Nigerian National Petroleum Company Limited (NNPCL) has remitted a staggering N10 trillion to the federation account as of September 2024, according to the...

Warri Refinery Now Operational – NNPCL

Just a month after the commencement of operations at the 60,000-barrel-per-day Port Harcourt Refinery, the Nigerian National Petroleum Company Limited (NNPCL) has announced that...

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Enzo Maresca Bids Emotional Farewell to Chelsea as Rosenior Era Begins

Enzo Maresca has finally broken his silence. Hours after Chelsea confirmed Liam Rosenior as his successor, the former Blues boss...
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Why Dangote Communications Chief Anthony Chiejina Remains Africa’s Most Influential Corporate Voice

Anthony Chiejina has done it again. For the fifth consecutive year, the Group Chief Branding and Communications Officer of Dangote...

7 Things to Know About Chelsea’s appointment of Liam Rosenior

Chelsea have ushered in a new era at Stamford Bridge with the appointment of Liam Rosenior as head coach...

Must read

Enzo Maresca Bids Emotional Farewell to Chelsea as Rosenior Era Begins

Enzo Maresca has finally broken his silence. Hours after Chelsea...

Why Dangote Communications Chief Anthony Chiejina Remains Africa’s Most Influential Corporate Voice

Anthony Chiejina has done it again. For the fifth consecutive...