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“$25 Billion NNPC Fraud’: What Buhari Told Me At Aso Rock – Kachikwu

Ibe Kachikwu, Nigeria's minister of state for petroleum, has revealed for the first time the response of President Muhammadu Buhari to the controversial memo...

$25 Billion NNPC Scam: Baru Must Be Suspended Indefinitely – Falana

Femi Falana, a senior advocate of Nigeria, called on President Muhammadu Buhari to refer the $25 billion contract scam allegations levelled against the group...

$25 Billion NNPC Scam: Advocacy Group Tells Buhari To Investigate Baru

Eze Onyekpere, the lead director of the Centre for Social Justice (CSJ), has called for immediate investigation of the group managing director of the...

NNPC Loses N48 Billion As Nigerian Refineries Drop In Output

Nigerian refineries are still performing poorly as an analysis of the latest monthly oil and gas sector report has shown that their combined performance,...

‘NNPC Owing Capital Oil N16 Billion’ – Ifeanyi Ubah Insists

Ifeanyi Ubah, the chairman and chief executive of Capital Oil Limited, currently embroiled in crisis with the state-owned Nigerian National Petroleum Corporation, NNPC, over...

Indonesian Firm To Set Up Refinery In Akwa Ibom

The Nigerian National Petroleum Corporation, NNPC, said  an Indonesian firm, PT Intim Perkasa Nigeria Limited, a subsidiary of PT Intim Perkasa, Indonesia, has indicated...

NNPC Targets 4,000 MW Power Generation In 10 Years

The Nigerian National Petroleum Corporation, NNPC, says it will generate about 4,000 megawatts of power in the next 10 years to boost power supply...

‘Capital Oil Not Owing NNPC Any Petrol’ – Ifeanyi Ubah

Ifeanyi Ubah, the chairman of Capital Oil and Gas Industries Ltd has called for a reconciliation of the company’s  account with the Nigerian National...

EFCC Says It Raided Home Of Former NNPC GMD And Found $9.2 Million Cash (PHOTOS)

Agents of the Economic and Financial Crimes Commission, EFCC, have raided the home of Andrew Yakubu, former group managing director of the Nigerian National...

NNPC, Shell Sign MoU With 8 Nigerian Banks For $2.2 Billion Contractor Support Fund

Shell companies in Nigeria, supported by the Nigerian National Petroleum Corporation, NNPC, has signed Memoranda of Understanding (MoU) with eight Nigerian banks under the...

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