CBN Disburses $1.25 Billion for Petrol Import as Dangote Teams Up with Oil Firms to Lower Costs
The Central Bank of Nigeria (CBN) announced it disbursed $1.25 billion between January and September 2024 for petroleum product imports ...
Tag: NNPC
NMDPRA Assures Fuel Availability, Warns Against Panic Buying
The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has assured Nigerians of sufficient petroleum supplies during the yuletide season, ...
NNPC Secures $1bn Loan to Boost Dangote Refinery and Stabilizes FX with $3bn Gazelle Deal
The Nigerian National Petroleum Company Limited (NNPCL) has announced securing a $1 billion crude-backed loan to support the operational launch ...
NNPC Reduces Petrol Price Nationwide Amid Global Economic Shifts
The Nigerian National Petroleum Company (NNPC) Limited has reduced the price of Premium Motor Spirit (PMS), commonly known as petrol, ...
Seplat Energy Completes $800M MPNU Acquisition Asset Transaction
Seplat Energy Plc has confirmed the release of its prospectus for the acquisition of Mobil Producing Nigeria Unlimited (MPNU), a ...
Oando Plc To Boost Oil and Gas Production with NNPC Partnership
Indigenous oil company Oando Plc has revealed plans to boost its oil production to over 100,000 barrels per day and ...
Port Harcourt Refinery Begins Crude Oil Processing
The Port Harcourt Refining Company (PHRC) Ltd in Rivers State has officially started processing crude oil, marking a significant milestone ...
NNPC fails to Meet Crude in Naira Target for Our Refinery- Dangote
The Nigerian National Petroleum Company Limited (NNPC) is facing mounting criticism from the Dangote Refinery over alleged shortfalls in crude ...
Dangote Refinery Signs Deal to Supply 60 Million Litres of Petrol Weekly to IPMAN
The Dangote Petroleum Refinery has secured a landmark agreement with the Independent Petroleum Marketers Association of Nigeria (IPMAN) to supply ...
NNPC Boosts Oil and Gas Output to 1.8 Million Barrels Per Day
The Nigerian National Petroleum Company Limited (NNPC Ltd) has increased crude oil production to 1.8 million barrels per day (mbpd)and ...
