NNPCL
12 Feb
Over 36.1 million litres of crude oil, enough to fill about 1,090 oil tankers, has been spilled on water, farmland and Nigeria’s seas in the oil-rich Niger Delta by oil companies, especially Shell...
11 Feb
In recent days, there has been a plethora of media attacks on the person of the Executive Vice President, Upstream operations of the Nigerian National Petroleum Company Limited (NNPC), OritsemeyiwaEyesan.
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.
9 Feb
Nigeria’s state-owned oil company the Nigerian National Petroleum Company Limited (NNPCL), is the very lifeblood of the nation’s economy, generating a major share of forex earnings and government revenues.
9 Feb
Following the arrest of two vessels in less than a month carrying stolen crude oil by Tantita Security Services Limited (TSSNL), the House of Representatives member representing Warri Federal Constituency, Thomas Ereyitomi, has written President Bola Tinubu, seeking improved support for Tantita.
7 Feb
he burden of insecurity is telling on the profitability of oil companies in Nigeria amidst struggling oil production and dwindling foreign direct investment with the Nigerian National Petroleum Company Limited..
7 Feb
Marketers of Premium Motor Spirit (PMS) otherwise called petrol yesterday expressed concerns over supply shortage from Nigerian National Petroleum Company Limited (NNPCL) as fuel queue surfaced in Abuja.
7 Feb
The Independent Media and Policy Initiative (IMPI) has faulted the former Vice President Atiku Abubakar critical stance on the payment of the proceeds of the Nigeria National Petroleum Corporation Limited (NNPCL) to the Central Bank of Nigeria (CBN).
4 Feb
The Nigerian Transparency Council (NTC), a watchdog organisation, has ignited fresh controversy surrounding the acquisition of OVH Energy Marketing by the Nigerian National Petroleum Company Limited (NNPCL) and its retail group. In a petition submitted to the House of Representatives Committee on Downstream Petroleum, led by Hon. Ikenga Imo Ugochinyere, who represents Ideato Federal Constituency,…
31 Jan
The global petroleum products market is changing faster than expected as more refineries are shutting down on the backdrop of the push for global warming and energy transition.
31 Jan
Nigeria lost 70 per cent of its oil revenue to Domestic Crude Allocation (DCA) between 2010 and 2022, a policy memo by Agora Policy has revealed.
Latest
30 mins ago
The Nigerian Electricity Regulatory Commission (NERC) has directed the transfer of regulatory oversight of the electricity market in Ekiti from NERC to the Ekiti State Electricity Regulatory Bureau (EERB). It also directed the regulatory oversight of the electricity market in Ondo State from the Commission to the Ondo State Electricity Regulatory Bureau (OSERB) in compliance…
34 mins ago
Jeffrey Donaldson, former leader of Northern Ireland's main pro-UK unionist party, had his bail extended Wednesday in his first court appearance on sex offence charges. Donaldson, 61, one of the province's best-known politicians, has previously said he will be "strenuously contesting" the allegations. In Wednesday's court hearing, he did not enter a plea. He is…
39 mins ago
A Federal Capital Territory (FCT) High Court in Gwagwalada, FCT, on Wednesday ordered that a 35-year-old cattle rearer, Adamu Idris, be held in the Kuje correctional centre for allegedly kidnapping a Bolt driver. The police charged Idris, with two counts of kidnapping. The defendant pleaded not guilty to the charge. Justice Aliyu Shafa ordered that…
47 mins ago
Authorities have cancelled hundreds of flights at French airports on Thursday despite the country's main air traffic controllers' union dropping a call for a one-day strike after making a deal for higher pay. In Paris around 75 percent of flights at Orly and 55 percent at Charles de Gaulle airport would be dropped Thursday, the…
1 hour ago
<img src="https://guardian.ng/wp-content/uploads/2024/04/download-6-1.jpeg" alt="" width="299" height="168" class="size-full wp-image-2377592 The Kaduna Internal Revenue Service (KADIRS) on Wednesday sealed the United Bank for Africa branches in the state metropolis over alleged N14.3million unpaid tax. Speaking to newsmen after the exercise, Hajiya Aysha Ahmad, the KADIRS Board Secretary/Legal Adviser, said the enforcement was to ensure tax compliance in the…
1 hour ago
The Federal Government on Tuesday announced the appointment of 12 Consuls General to some Nigerian Missions abroad the appointment also includes five new five new Chargé D'affaires. The Consuls General are, Auwalu Jega Namadina, Atlanta, USA; Nnamdi Okechukwu Nne, Bata, Equatorial Guinea; Francis Ntui Enya, Douala, Cameroon; Gbadebo Afolabi, Shanghai, China and Oludare Ezekiel Folowosele,…
1 hour ago
President Bola Tinubu recently signed an executive order on oil and gas reforms in Nigeria. Presidency spokesman, Ajuri Ngelale, said following extensive engagements, analyses, and benchmarking with other jurisdictions, Tinubu initiated the amendment of primary legislation to introduce fiscal incentives for oil and gas projects. Tinubu's aide on social media, Dada Olusegun, in an update…
1 hour ago
German police said Wednesday they had arrested 11 suspected members of a Nigerian mafia group behind a large-scale dating scam. The Black Axe gang was involved internationally in "multiple areas of criminal activity," with a focus in Germany on romance scams and money-laundering, Bavarian police said in a statement. The dating trick was a "modern…
1 hour ago
The Federal Government said it has recovered N57 billion from the N5.2 trillion liabilities owed the Federal Inland Revenue Service (FIRS) and other bodies by Ministries, Departments and Agencies (MDAs) of government. Permanent Secretary, Special Duties, Federal Ministry of Finance Okokon Udo revealed this on Tuesday in Enugu State during a Sensitisation Workshop on Federal…
1 hour ago
The Registrar, Joint Admission and Matriculation Board (JAMB), Prof Ishaq Oloyede, says no fewer than 1.94 million candidates sat for the 2024 examinations in the country. Oloyede said this on Wednesday in Kaduna, while inspecting Computer Based Test (CBT) centres in the state amidst the ongoing JAMB examinations. He added that at the end of…