Browsing Tag
NNPCL
27 posts
Rufai Oseni Demands Accountability for $3 Billion Spent on NNPCL Refinery
Rufai Oseni is calling on President Tinubu to account for $3 billion spent on the Port Harcourt refinery following contradictory reports about its operational status.
NNPCL Lowers Petrol Costs Following DAILY POST Coverage
NNPCL has lowered its petrol pump price in Abuja to N1,250 per litre following a DAILY POST report regarding low customer turnout due to high costs.
Drivers abandon NNPCL stations as private retailers lower fuel costs
Drivers in Abuja are steering clear of NNPCL gas stations due to high costs, choosing instead to patronize private retailers that have lowered fuel prices following a reduction by the Dangote Refinery.
Ayodele Momoh Challenges NNPCL and NUPRC Regarding Alleged Favoritism in Oil Block Allocations
Ayodele Momoh and the Oil & Gas Professionals Forum have renewed accusations against the NNPCL and NUPRC, alleging that oil blocks were awarded to associates of Bayo Ojulari despite official denials.
NNPCL Defends Ojulari and Eyesan Amid Allegations of Cronyism in Oil Block Awards
NNPCL has refuted allegations of cronyism regarding oil block allocations, defending its leadership while clarifying that it lacks the authority to award such contracts under the Petroleum Industry Act.
President Tinubu Announces Plans for NNPCL Stock Exchange Listing
President Bola Tinubu confirmed that the NNPCL will be listed on the Nigerian Exchange Limited as part of broader efforts to reform and modernize the nation's oil sector.
PETROAN Clarifies Causes Behind Lower Petrol Prices in Nigeria
PETROAN President Billy Gillis-Harry explains that declining landing costs are driving the recent fuel price cuts at Nigerian filling stations, ensuring competition while maintaining business viability.
NNPCL Reports N535 Billion Profit and N4.4 Trillion Revenue for June 2026
NNPCL recorded a profit after tax of N535 billion in June 2026 on revenues of N4.389 trillion, alongside updates on gas production and key infrastructure projects.
Seplat Energy Divests 10% Stake in NNPCL Joint Venture for $281.6 Million
Seplat Energy is selling a 10% stake in its NNPCL joint venture for $281.6 million to fund debt reduction and increase shareholder returns.
SERAP Takes Legal Action Against NNPCL Over Unexplained ₦211 Trillion Oil Revenue
SERAP has sued the NNPCL, demanding transparency regarding ₦211 trillion in unidentified financial entries found in the company's 2023 audited report.