NNPC ‘banked over N50 billion in TSA breach’
The House of Representatives yesterday uncovered how the Nigeria National Petroleum Corporation (NNPC) flouted the Treasury Single Account (TSA) policy by depositing over N50 billion in various commercial banks.
Baru gets Forbes award, woos foreign investors for NNPC mega projects
The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Dr Maikanti Baru on Friday called on foreign investors to partner with the corporation in its multi-billion dollar projects.
NNPC to select core investor for Benue bio-fuel project, says Baru
The Nigerian National Petroleum Corporation (NNPC) says it has almost concluded discussion on the choice of a core investor for the proposed bio-fuel plant in Benue.
NNPC, CNL inject $1.7b to increase daily oil, gas production by 39,000 barrels
The Nigerian National Petroleum Corporation (NNPC) and Chevron Nigeria Limited (CNL) have injected about $1.7 billion into the oil and gas sector in the country to increase production capacity by 39,000 barrel per day.
$25B NNPC Contract: Why probe is yet to take off one month after
The Senate had also resolved to investigate Kachikwu’s call for the cancellation of the recent appointments in the NNPC, just as it had resolved to carry out a probe into the finances and activities of the NNPC.
Ezekwesili, Ekpo, Baru, Kuru, Olagunju to attend Realnews fifth anniversary lecture
The panellists are the Managing Director/Chief Executive Officer of the Assets Management Corporation of Nigeria (AMCON), Mr. Ahmed Kuru, the Executive Director, Bank of Industry (BOI), Mr. Waheed Olagunju and...
$3b down the drain, oil in north remains elusive
But a new directive from the Buhari-led administration has compelled the NNPC to aggressively pursue oil search in the frontier basins, its Group Managing Director, Maikanti Baru, has said.
Afenifere condemns EFCC’s invitation to Oke, leaving out Lawal
The Yoruba socio-cultural organisation, Afenifere, has flayed the Economic and Financial Crimes Commission (EFCC) for inviting the former Director-General of National Intelligence Agency...