News

The Nigerian National Petroleum Corporation is in the process of establishing a condensate refinery that is to specifically produce Premium Motor Spirit, also known as petrol. It was learnt that the corporation had completed the…
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The Nigerian National Petroleum Corporation (NNPC), says it transferred N153.01 billion into the federation account in January. The corporation disclosed this in its Financial and Operations Report for the month of January…
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The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Dr. Maikanti Baru, has said that the bidding for the 2019 Direct Sale of Crude Oil and Direct Purchase (DSDP) to local and international business partners…
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132 companies bid for crude oil lifting contracts The Nigerian National Petroleum Corporation (NNPC) Thursday said it has saved $2.2 billion through the Direct-Sale-Direct-Purchase (DSDP) scheme of petroleum products supply since its…
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A training aircraft belonging to the International Aviation College (IAC) Ilorin crash-landed at the Ilorin International Airport on Wednesday. The Diamond plane with registration Number 5N-BNH with two pilots onboard crashed landed at…
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Benue, Bauchi, Alagbon Lagos get new CPs The Inspector-General of Police, Ag. IGP Mohammed Adamu has ordered the immediate redeployment of the Commissioner of Police in charge of Kaduna State, CP Ahmed Abdulrahaman and five others. …
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The Nigerian National Petroleum Corporation (NNPC) and other National oil companies failed to disclose information critical to the oversight of public revenues and these National Oil Companies, with $3.1 trillion in assets, are dangerously…
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-By Yange Ikyaa Africa’s foremost businessman and Chairman of Aliko Dangote Foundation, Alhaji Aliko Dangote, has made yet another critical intervention in the educational sector of Nigeria by donating hostel complex to the Ahmadu Bello…
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Seplat Petroleum Development Company Plc (“Seplat” or the “Company”), announced its first quarter results. Information contained within this release is un-audited and is subject to further review.Financial performance summary Revenue of…
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Investors who get the nod of the federal government to capture and commercialise flared gas in the ongoing Nigerian Gas Flare Commercialisation Programme (NGFCP) will be handed over their preferred flare sites by May 2020, a timeline of…
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