News

The Saudi government has confirmed that this year the Hajj may be canceled and has asked all Hajj companies not to make any necessary arrangements. In the last week of February, Saudi Arabia halted Umrah trips to the holy cities of…
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Former Head of the Civil Service of the Federation (HoCSF) Mrs. Winifred Oyo-Ita was on Sunday arrested. Operatives of the Economic and Financial Crimes Commission (EFCC) picked Mrs Oyo-Ita ahead of her arraignment today over an alleged…
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Following the prevailing situation at the international market, the federal government has cut oil benchmark in its N10.33 trillion national budget to N30 per barrel. This year’s budget had an assumed price of $57 per barrel. …
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•As Corporation’s Downstream Subsidiary, PPMC, Records ₦337.63b Petroleum Products Sales The Nigerian National Petroleum Corporation (NNPC) has announced an increased trading surplus of ₦5.28billion in its December 2019 operations,…
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The Petroleum Technology Association of Nigeria (PETAN) has a new leadership. It is led by Mr. Nicolas Odinuwe who emerged the new chairman at the organization’s annual general meeting (AGM), which held Wednesday March 18, 2020 at Novotel…
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The Bankers Committee Saturday directed all oil firms and related companies to henceforth sell all their dollar to the Central Bank of Nigeria (CBN) alone and no longer to the Nigeria National Petroleum Corporation (NNPC) The Committee…
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The Federal Government has moved to tackle the challenges hampering the growth and development of the oil and gas free trade zones in the country. The move, according to the Minister of Industry, Trade and Investment, Niyi Adebayo, will…
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A report published by Carnegie Endowment for International Peace has revealed how Nigerian public officials and their proxies steal public funds and invest it in luxurious properties in Dubai, United Arab Emirates. According to the…
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Former Group Managing Director (GMD) of the NNPC, Dr. Maikanti Baru, today, bagged the Leadership Newspaper CEO of the Year 2019 Award for his "dogged pursuit of hydrocarbon search in Nigeria; superintending a downstream sector devoid of…
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Yesterday, GMD @NNPCgroup Mallam @MKKyari received the ISO 9001:2015 Quality Management System (QMS) Certification (recently obtained by the Corporation's Corporate Planning and Strategy, CP&S, Division) from Mrs Oritsemeyiwa…
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