News

Power generation and distribution companies on Thursday said they were unaware of any N200bn that was paid to the power sector by the Federal Government in the past three days. Group Managing Director, Nigerian National Petroleum…
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Sequel to a meeting held between the Hon. Minister of Power, Engr Sale Mamman and the Group Managing Director of the NNPC, Mallam Mele Kyari, alongside the Managing Director of Niger Delta Power Holding Company, NDPHC, Mr. Chiedo Ugbo…
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The Group Managing Director, Nigerian National Petroleum Corporation, NNPC, Mallam Mele Kyari, this morning held virtual conference meeting with the corporation's workforce. The town hall meeting, which is a routine platform where the…
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A total of 60 Nigerian crude oil cargoes have not been sold despite the reduction of the official selling prices by the Nigerian National Petroleum Corporation. A glut of Nigerian and Angolan crude weighed on the market on Tuesday with…
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Shell lifted a force majeure on exports of Nigeria’s Forcados crude oil after the pipeline transporting it reopened, the company said in a statement Monday. The removal of force majeure followed the reopening of the Trans Forcados…
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...I greet you all, dear Nigerians, on the commemoration of the resurrection of Jesus Christ for the salvation of the world This season, this storied moment, is deeply rooted in love and sacrifice. To renew us, Jesus Christ had to…
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… Says Fuel Subsidy Removal for Benefit of Ordinary Nigerians The Nigerian National Petroleum Corporation (NNPC) will no longer be involved in the management of the nation’s refineries after their rehabilitation. This was disclosed…
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• PDP demands probe of subsidy regime under Buhari The Federal Government has revoked the mining licences of about 11 oil and gas companies operating in the marginal fields. It was learnt that the affected companies include, Movido –…
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Chairman of the Chinese investors Association for Development and Promotion in Nigeria, Chief Ronnie Liu, has decried what he called enmity that the US sows in the minds of Nigerians and Africans against China as baseless. Liu, a…
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The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Mallam Mele Kyari has revealed that for the first time in many years, the habitual government subsidy which is also referred to as under-recovery on…
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