Financial experts have said that low profitability, threatens the operations of the Nigerian National Petroleum Corporation (NNPC) despite attempts to improve the institution’s transparency.

The debate over Federal Government’s proposed $1.5 billion to be spent on rehabilitating the 210,000-barrel per day (bpd) Port Harcourt refinery intensified yesterday as more opposition voices registered their concerns.

Senate Committee on Public Accounts has summoned the management of Nigerian National Petroleum Corporation (NNPC) for clarification of its response to a query by the Auditor-General of the Federation

Group Managing Director (GMD) of the Nigerian National Petroleum Corporation (NNPC), Mele Kyari, yesterday, justified the deductions made by his organisation to run its operations...

The Federal Government, through the Nigerian National Petroleum Corporation (NNPC), has announced plans to increase the size of the national grid by leveraging the country’s 203.16tcf gas potential

Nigerian National Petroleum Corporation (NNPC) has said it will continue to swap crude oil for refined petroleum products till June. “The DSDP was extended till June 2021 to enable us to conclude the ongoing process of putting new contact in place,” NNPC spokesman Kennie Obateru said on Monday. Nigeria exchanges more than 300,000 barrels per…

The Nigerian National Petroleum Corporation (NNPC) has disclosed that it recorded about N13.43b trading surplus in November last year, representing 54 per cent increase compared to the previous year.

The Group Managing Director of Nigerian National Petroleum Corporation (NNPC), Mr Mele Kyari, says the corporation deliberately shut down the nations refineries

Mr Mele Kyari, Group Managing Director, Nigerian National Petroleum Corporation (NNPC) says he is optimistic that the corporation will declare dividends in 2020 in spite of the challenges posed by the COVID-19 pandemic.

There are indications that the Federal Government may have tacitly allowed the price of Premium Motor Spirit (popularly called petrol) to be determined by market forces...

The Nigerian National Petroleum Corporation (NNPC) says it has over 2.9 billion litres of Premium Motor Spirit (PMS), also known as petrol, to service Nigerians during the Yuletide period and beyond. The corporation disclosed this in a statement signed by its spokesman, Dr. Kennie Obateru, in Abuja, on Tuesday. He dismissed the insinuation of the…

• Achieves over N25billion premiums, N23.89 claims in 10 years As firms continue to fine-tune ways of protecting their workers against mishaps in the workplace, the Nigerian National Petroleum Corporation (NNPC) Group Life Assurance (GLA) scheme in the last 10 years has exposed a strong and consistent premium paid of over N25.662 billion against N23.894billion…