NNPCL RECORDS N7.2 TRILLION PROFIT IN 2025 By: Safiya Abdulrahim Dabban The Nigerian National Petroleum Company Limited (NNPCL) recorded N7.2 trillion in profit after tax in 2025, representing a 33 per cent increase from the N5.4 trillion reported in 2024. The Group
DANGOTE REFINERY SLASHES PETROL PRICE TO ₦699 PER LITRE By: Safiya Abdulrahim Dabban Dangote Petroleum Refinery has cut its petrol price from ₦828 to ₦699 per litre, a drop of ₦129, or about 16%. The new rate takes effect from December 11,
NUPRC SAYS IT HAS RELEASED ALL FRONTIER EXPLORATION FUNDS TO NNPCL By: Safiya Abdulrahim Dabban The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has debunked claims that it is withholding the Frontier Exploration Fund from NNPCL. NUPRC spokesperson, Eniola Akinkuotu, said the Commission
REPS GIVE NNPCL DECEMBER 15 DEADLINE OVER 2021 AUDIT QUERIES By: Safiya Abdulrahim Dabban The House of Representatives Public Accounts Committee has summoned NNPCL’s GCEO, Bayo Ojulari, to submit all outstanding documents and appear before the committee on December 15, 2025. The
SENATE REJECTS NNPCL’S EXPLANATION ON MISSING ₦210TRN By: Safiya Abdulrahim Dabban The Senate Committee on Public Accounts has rejected the Nigerian National Petroleum Company Limited’s (NNPCL) written response on the unaccounted ₦210 trillion reported between 2017 and 2023. Committee Chairman, Senator Aliyu
The Shell Petroleum Development Company of Nigeria Limited (SPDC) has restated commitment to support the federal government’s efforts to preserve the heritage of Oloibiri in Bayelsa where the oil firm first struck oil in commercial quantiy in 1958. Mr Osajie Okunbor, Managing
Transporters associations under the auspices of Coalition of Transporters, have threatened to picket headquarters of the Nigeria National Petroleum Company Limited (NNPL) over lingering fuel scarcity. This is contained in a six-point Communique issued by Chairpersons of the associations on Monday in