Thursday, 28th March 2024
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Mele Kyari

22 Mar
On May 29, 2023, the three toughest jobs in Nigeria were the job of President of Nigeria, the Governor of the Central Bank and the Group Managing Director of the NNPC. That same day, Muhammadu Buhari's presidency concluded, and Bola Tinubu took office. Barely a week after assuming office President Tinubu removed Godwin Emefiele as…
15 Mar
The Port Harcourt refinery will begin delivery of refined petroleum products in two weeks, the Group Chief Executive Officer (GCEO) of the Nigerian National Petroleum Company Limited (NNPCL), Mele Kyari, has declared.
14 Mar
In the ongoing battle against the scourge of crude oil theft in Nigeria's Niger Delta region, civil rights advocacy group, the Human Rights Writers Association of Nigeria (HURIWA), has called on civil rights organizations and non-governmental entities to join forces in combating crude oil theft in Nigeria and throwing their weight behind Mele Kyari, the…
14 Mar
The House of Representatives on Wednesday questioned the Group Chief Executive Officer of the Nigerian National Petroleum Company Limited (NNPCL) Mele Kyari over the failure to remit an unpaid amount of $278,184,937.72 from the transaction involving OML 24 in 2019.
3 Mar
The Group Chief Executive Officer, Nigerian National Petroleum Company Limited (NNPC Ltd), Mele Kyari, has assured that with the increasing spate of investment in the oil and gas sector, issues of energy scarcity in the country..
3 Mar
A coalition of 50 Civil Society Organisations (CSOs) have faulted the Nigeria National Petroleum Limited, NNPCL over the acquisition of OVH Energy Marketing.
29 Feb
At least over 50 per cent of what Nigeria earns from the sale of crude oil and gas is going into crude production. That translates to an average of $1.7 billion monthly for a country that is in economic mess. 
28 Feb
Amid concerns over potential hurdles, Nigerian National Petroleum Company Limited (NNPC Ltd) has assured a seamless divestment process of the International Oil Companies (IOCs) from onshore and shallow water assets in the country. NNPCL stressed that its role in the divestment of IOCs is that of a facilitator and not an obstacle. The Group Chief…
28 Feb
The Federal Government yesterday said international oil companies (IOCs) will not be blocked from divesting their assets in the country even as the government warned that short-changing Nigeria in the process will not be tolerated.
22 Feb
Group Chief Executive Officer (GCEO), the Nigerian National Petroleum Company Limited (NNPCL), Mele Kyari, has underscored the pivotal role of energy security in the success of public wealth creation endeavours.
9 Feb
Nigerian National Petroleum Company Limited (NNPCL) and Central Bank of Nigeria (CBN) have reached an agreement on the directive by the President for earnings from oil to be domiciled in the apex bank.  
8 Feb
The Nigerian National Petroleum Company Limited (NNPC Ltd) and the Central Bank of Nigeria (CBN) have agreed to enhance their banking relationship for smoother commercial operations, ensuring improved cash management and digital transaction platforms. This agreement was announced on Thursday in a statement jointly signed by the spokesperson of NNPCL, Olufemi Soneye and his counterpart…

Latest

1 hour ago
Nigerian banks have 24 months to recapitalise their capital base to at least N500 billion international authorisation capitalisation to continue operations in the country, the Central Bank of Nigeria (CBN) has said. This comes after the apex bank urged Nigerian banks to expedite action on the recapitalisation of their capital base to strengthen the financial…
1 hour ago
President Bola Ahmed Tinubu has approved the appointment of Dr. Abdullahi Usman Bello as the Chairman of the Code of Conduct Bureau (CCB), pending confirmation by the Nigerian Senate. Presidential spokesman, Ajuri Ngelale, confirmed Tinubu's approval of Bello's appointment in a statement on X on Thursday. According to the Ngelale, Dr. Bello is a consummate…
2 hours ago
Hoodlums attacked and set on fire the Neni Divisional Police station in Anaocha Local Government Area of Anambra State. It was gathered that the hoodlums numbering about 30 stormed the area at about 2am on Thursday and destroyed several buildings. READ ALSO: First phase of Lagos-Calabar Highway to be completed in three years – FG…
3 hours ago
To streamline operations and enforce parity across its workforce, the Board of Eko Electricity Distribution Company (Eko Disco) has affirmed recent management changes and its decision to harmonize salaries and conditions of service for all employees. Dispelling rumors of a reversal in the dissolution of the former management under Dr Tinuade Sanda, Mr. Dere Otubu,…
3 hours ago
The Federal Government said the first phase of the Lagos-Calabar highway will be completed within the next three years. This was disclosed on Thursday in a statement by Ben Bem Goong who is the spokesman to the Minister of Works, Engr. David Umahi. Goong made this announcement following Umahi's inspection of the Lagos-Calabar coaster highway…
4 hours ago
Nigeria has been left in darkness as the national electricity grid controlled from Osogbo, Osun State collapsed at about 4:30pm on Thursday. Most distribution companies across the country disclosed that their feeders were out leaving their franchises area across the 36 states in darkness. While the grid output was 2984 megawatts as at 4pm, the…
4 hours ago
An Ikeja High Court on Thursday issued a bench warrant against the former employee of Punch Nigeria Ltd., Olusegun Ogunbanjo, and others charged with N950 million fraud.
5 hours ago
An Ikeja Sexual Offences and Domestic Violence Court on Thursday discharged and acquitted a 23-year-old student, Victory Tasie, charged with defiling his girlfriend.
5 hours ago
Persons familiar with the antecedents of Senator Uba Sani, the Governor of Kaduna State, readily attest to the fact that he is hardly ever deterred by challenges or adversities, no matter how daunting. Stories abound of his daring exploits as a young civil and human rights activist when successive military juntas held sway in Nigeria.…
6 hours ago
A former National Chairman of the Peoples Democratic Party (PDP), Uche Secondus and members of the Presidential Campaign Council of the party for the 2023 general elections in Rivers State have declared their loyalty to President Bola Ahmed Tinubu and the state governor, Siminalayi Fubara. A former Minister of Transportation and the Director-General, PDP-PCC Rivers…