Nigerian Ship Owners and NNPC Explore Funding Collaboration for Ship Acquisition
Nigerian ship owners and the Nigerian National Petroleum Company Limited (NNPCL) are set to explore a pooling funding model to ...
Tag: NNPC
Afreximbank Disburses Initial $2.25 Billion of $3.3 Billion Crude Oil Prepayment Loan to NNPC
The African Export-Import Bank (Afreximbank) has successfully disbursed the initial tranche of its $3.3 billion crude oil prepayment loan to ...
Nigeria Spends N2.7 Trillion on Fuel and Diesel Imports in three months
Data from the National Bureau of Statistics (NBS) has revealed that Nigeria disbursed N2.7 trillion in the third quarter of ...
NNPC Introduces New Crude Grade ‘Nembe’ for European Market
The Nigerian National Petroleum Company (NNPC) Limited has unveiled a new grade of crude oil called "Nembe," specially tailored for ...
NNPCL denies intentions of increasing fuel pump prices at retail stations
In a bid to address growing apprehensions among Nigerians, the Nigerian National Petroleum Company Limited (NNPCL) has vehemently denied any ...
Nigeria’s Excess Crude Account Stagnant Despite N907bn Remittance by NNPC
Despite the Nigerian National Petroleum Company Limited (NNPCL) remitting N907 billion to the Federal Account Allocation Committee (FAAC), the balance ...
NNPC Transforms from Loss-making to Profitable corporate group with N674.1 Billion in 2021
In a remarkable turnaround, the Nigerian National Petroleum Company Limited (NNPC) has experienced a significant transformation over the last three ...
First Batch of Independent Petrol Import Arrives, Ending NNPCL Monopoly
In a significant development, the first batch of petrol, totaling 27 million liters, has been successfully imported by an independent ...
NNPC, Partners to add192,000bpd to Nigeria Crude oil production
The Nigerian National Petroleum Company Limited (NNPCL) and its joint venture partners have announced plans to add approximately 192,000 barrels ...
NNPC transits from Regulator to a Competitor in the Petroleum Industry
Mr. Mele Kyari, the Group CEO of NNPC Limited, emphasized on Monday 10th of July 2023 that the company no ...
